Beachlands, Ron Medich's hilltop Gerroa acreage site withdrawn from weekend auction offering
No sign of it being sold, but Beachlands, the 1.19 hectare hilltop acreage site set between Gerringong and Gerroa on the NSW South Coast, has been removed from its auction website marketing.
And those who travel along Crooked River Road noticed the actual auction sign came down last Friday.
It had been listed by the property developer Ron Medich for July 6 auction.
It was listed through Dick Payne First National agent Jason Stalgis who declined to comment to Property Observer.
Local agents don't believe there has been any sale.
The property is owned by Ron Medich Properties Pty Ltd, however the title has a 2009 caveat from the widow of Michael McGurk, Kimberley McGurk claiming a 50% legal interest in the land.
Set 90 mins from Sydney, the slightly undulating land has views over the surrounding countryside towards Walkers Beach across the nearby (pictured within marketing ) golf course.
"This is truly a dream location to build a stunning home with plenty of room for a home business or small agricultural set up," the Dick Payne First National marketing advised.
"The site would also suit further development for farm stay or B&B style accommodation," said the marketing.
"Blocks this size, this close to town are as rare as hens teeth," it says without any reference to what was once mooted as having multi-unit development potential.
It cost $2.19 million in 2007. Kiama Council had sold it in 2002 for $1.12 million shortly after a fire to the old homestead.
