A prominent Gerringong CBD site has been sold.
The property was recently listed on RealEsateView, and described as “A recognisable site in Gerringong”, formerly the long-time home of the town’s ANZ Bank, which is on the market for the first time since 1990.
RealEsateView advised if the listing achieves its price guide, the seller will have earned a gross profit of more than $100,000 per year on the property during their lengthy ownership.
The property at 105-107 Fern Street, Gerringong, was for sale via Expressions Of Interest, including the former bank and adjacent house, and the site has a current B2 rating.