A 25-hectare oceanfront property in Gerroa has gone under offer after listing at $20 million, marking a significant transaction after nearly four decades under single ownership. The rare coastal holding with 350 meters of oceanfront and a residence designed by Allen Jack + Cotter Architects represents the premium segment of the South Coast real estate market. This sale indicates sustained demand among ultra-high-net-worth buyers for tightly held coastal land with privacy and natural amenities.
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