Demand is expected to be high when a series of lots are released at The Waterfront, Shell Cove.
Buyers will have the opportunity to secure a prime land lot when 24 lots are released in the Harbour Precinct next month.
According to the developers, the new land release is the closest yet to the beachfront.
Located between Shellharbour South Beach and Shellharbour Village, about 120 metres from the marina's edge and 250 metres from the ocean, residents will enjoy boardwalk access to all the amenities, shops and dining choices in The Waterfront Town Centre.
Lot sizes range from 319.4sqm to 518.1sqm and feature frontages of 11, 13 and 15 metres.
Prices range from $635,000 to $860,000.
"People who choose the Harbour Precinct to build their dream waterside home will enjoy easy access to all the qualities and amenities that make The Waterfront, Shell Cove stand out as both a lifestyle destination and a healthy outdoors community," Simone Dyer, development director at Frasers Property Australia said.
"This new release on the northern side of the community balances everything an outdoors-type will love.
"The marina is close by, there's parks and ovals immediately adjacent, there's a direct link to the Town Centre, and, of course, the beach is always an option.
"The Harbour Precinct is a truly rare opportunity for people to make their coastal home vision a reality. We know from experience that demand will be strong for these lots, so people should register their interest straight away."
Information sessions will take place in the first week of November, with the ballot to be held on November 12.
The Waterfront, Shell Cove is a joint venture development between Shellharbour City Council and Frasers Property Australia.
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