105-107 Fern Street, Gerringong

Rarely does an opportunity arise that presents such size, versatility and prime positioning. This unique property package is one of Gerringong's landmark sites and offers a truly exceptional chance to acquire an extraordinarily large property comprising an expansive freehold commercial space, freestanding residence and garage on a premium 1,462sqm (approx.) dual access landholding - with many creative possibilities. Situated in the very heart of the township, this truly is a hard-to-find prospect with a big and bright future, and the potential to be transformed into a boutique hotel, function centre, restaurant or a range of other options to get the maximum value out of such a highly sought-after location. This popular seaside destination is home to the south coast's most pristine beaches and is filled with trendy cafes, eateries, shopping amenities and supporting businesses. The perfect location for functions, corporate training and entertainment events, it's also very well-located a scenic 1.5 hour drive from Sydney's CBD, and just 40 minutes south of Wollongong & 10 minutes from both Kiama & Berry. Property highlights:A prominent position with good exposure and accessibilitySet on a large 1,462sqm (approx.) level landholding with rear lane accessA 300sqm commercial space formerly occupied by the ANZ BankLarge open space, multiple offices, toilet, kitchen and storerooms A solid and well-maintained three-bedroom residenceSide driveway access through to a lock-up garage at the rearA private leafy garden and level lawn ideal for outdoor diningZoned 'B2 Local Centre' with a height limit of 11m allowing up to 3 levelsScope to redesign or completely transform and add significant value Offered to the market now for the first time in nearly 33 years Current Planning Controls:Area: 1,462m2 Zoning: B2 Local Centre FSR: 1.5:1 Height: 11 metres