Situated in the enviable location of Gerringong's beautiful Boat Harbour and ocean pool this substantial home offers diverse possibilities for renovation, redevelopment or enjoy the comforts of this well-built home on a peaceful, established block.
2016 square metres of premium land the site offers an exciting canvas for renovators, developers or those looking for a serene outlook in established surrounds.
Lot Size: 2016m | Dimensions: 40.2 x 50.29m (approx.)
Council reserve to the east with glimpse of ocean and rural outlook to the south. The home has a long history in Gerringong with the site only having two owners since the 1850's.
The homes' location offers the many attractions of Gerringong's ideal coastal situation, scenic walks, ocean swimming, fishing and golfing. All within easy reach of this tranquil site.
With strong demand in Gerringong for land of this size and position this property is a rare offering and an opportunity not to miss.
Guide $2,700,000 to $2,970,000
The size of Gerringong is approximately 10.9 square kilometres. It has 20 parks covering nearly 4% of total area. The population of Gerringong in 2011 was 3,456 people. By 2016 the population was 3,969 showing a population growth of 14.8% in the area during that time. The predominant age group in Gerringong is 50-59 years. Households in Gerringong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gerringong work in a professional occupation. In 2011, 73.2% of the homes in Gerringong were owner-occupied compared with 74.8% in 2016.
Gerringong has 2,483 properties. Over the last 5 years, Houses in Gerringong have seen a 79.60% increase in median value, while Units have seen a 56.55% increase. As at 30 September 2024:
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