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2 Craig Place, Gerringong NSW 2534

Price Guide $1,790,000 - $1,950,000

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$1.79M - $1.88M Transparent Transparent Listing Based on an openly advertised listing price.

House 7 Beds 4 Baths 2 Cars 850 m²

Listed: 2 days ago

Overview

This exceptional coastal property in Gerringong offers a distinctive opportunity to embrace dual living with great income potential. Set just moments from Werri Beach, it includes a spacious two-storey main residence with five bedrooms and a detached modern granny flat featuring two bedrooms, perfectly suited for extended family, guests, or a rental arrangement.

The main home is thoughtfully designed for relaxed coastal living, highlighted by a renovated kitchen that seamlessly integrates with the dining and lounge areas enhanced with air conditioning for comfort. The versatile ground floor fifth bedroom with its own ensuite can be adapted as a guest room, a teenager’s retreat, or a home office, providing flexible living arrangements.

Upstairs accommodation includes four generous bedrooms with a master suite offering mountain views, walk-in robe, and private ensuite, providing a tranquil private sanctuary. The double garage features internal access, adding convenience to daily living.

The detached secondary dwelling is privately positioned with a dedicated entrance and independently metered utilities including water, electricity, and solar power, ensuring privacy and cost-efficiency for both properties. It boasts a modern kitchen, comfortable air-conditioned living area, two bedrooms, and off-street parking, offering complete independence while complementing the main residence.

Both dwellings are equipped with their own solar panel systems, significantly reducing ongoing running costs and contributing to long-term value sustainability. This arrangement is ideal for families seeking to bring generations together or investors looking for reliable rental income options.

Located just 700 metres from the beach and sporting fields, the property provides direct access to a laid-back coastal lifestyle. The vibrant Gerringong village center, with cafés, boutiques, restaurants, and essential conveniences, is an easy 1km stroll. Additional community amenities like ocean rock pools, a bowling club, primary school, and train station are all within close reach, enriching the lifestyle experience.

With its unique dual living design, coastal proximity, and substantial land size of 850m² (0.21 acres), this property stands as a balanced blend of lifestyle flexibility and future investment potential, appealing to large families, multi-generational living arrangements, or savvy investors.

Local Market Insights

In Gerringong, Quiet Listings observed 8 new houses entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $2,186,250. The property type mix of listed properties is predominantly Houses at 67%, followed by apartments (17%), and units (8%). The most active agency for houses in the Gerringong area is currently First National, representing 75% of new listings, followed by Ray White with 13%. 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.