Vacant parcels of land are increasingly hard to come by in Gerringong, and this is a particularly rare one: 672m² zoned for medium density development and centrally positioned in one of Gerringong's most sought-after streets, close to the town centre and with a breathtaking view of the ocean and mountains. This 20m x 33m (approx.) corner block offers a variety of development options, with R3 medium density residential zoning allowing for a much higher floor-space ratio than regular R2 low density blocks (0.7:1 rather than 0.45:1) and a wider array of options for multi-dwelling development STCA. Located in Gerringong's dress circle, you're well positioned to take advantages of all the local amenities - the vibrant town centre is just 100m away, with cafes and boutique shops aplenty. Mingle with the friendly community while the kids play at the Old School Park or enjoy a delicious lunch and a cocktail or two with friends at The Hill after a morning swim. The slope of the block allows for an expansive, uninterrupted view of Werri Beach even from ground level, and multiple dwellings can be tiered to ensure that each one captures the stunning outlook to its full extent. The striking coastal headland, rolling green hills, open pastures and mountains beyond make the perfect frame for the sparkling sand and surf. Gerringong truly is a slice of paradise, with much to enjoy: local wineries, a seaside golf course, coastal walks and more. The south end of Werri Beach is just a 500m walk, patrolled during the summer, with great surfing year round and an ocean pool nearby. Enjoy a hit of tennis or a quiet game of bowls at the club, with a nearby skate park for the kids and off-leash areas along the beach. This is a fantastic opportunity to secure a highly desirable parcel of land - one of just a handful remaining in a town experiencing record capital growth. Whether you're looking to develop and sell or to build a dream home for your own use, you won't want to miss out on this one!