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Overview
This corner block land parcel in Gerringong presents a rare opportunity for prospective buyers to design and construct their ideal residence in a sought-after location. Spanning approximately 651 square meters, the site is generously sized for a variety of dwelling designs, catering to those who value space and flexibility.
- The land benefits from dual street access, enhancing convenience and potential for multiple access points or landscaping variations.
- Standard R2 residential zoning by Kiama Council applies, providing clear guidelines for residential development, subject to approval.
- Already present on the property is a shed equipped with connected power, which may serve as a practical resource during the development process or be adapted for storage and workshop needs.
The land's corner positioning and existing power shed offer functional advantages, ideal for buyers seeking a practical yet flexible site to build their new home. Its zoning and size make it suitable for a range of residential plans, potentially appealing to families, downsizers, or investors looking to capitalize on the area's growth and lifestyle appeal.
Local Market Insights
In Gerringong, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $1,672,500. The property type mix of listed properties is predominantly Houses at 73%, followed by land (13%), and duplexes (7%). The most active agency for land in the Gerringong area is currently Raine & Horne, representing 50% of new listings, followed by Ray White with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.