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Overview
This rare rural residential offering is centered on a large 4.05-hectare allotment that provides both immediate and future benefits. Directly opposite a dynamic and expanding residential precinct, the setting signals strong growth potential, making it attractive to investors and developers alike.
An existing dwelling at the property's core offers functionality and flexibility, suitable for immediate occupation or as a rental holding while future subdivision plans are assessed and pursued under council approval (STCA). Its layout includes a practical kitchen and living area, bedroom accommodation, bathroom facilities, and versatile covered outdoor spaces with additional shedding, contributing to adaptable living arrangements.
- Spacious 4.05 hectares (~40,500 sqm) with excellent front exposure to the north, enhancing daylight and usability of the land.
- Subdivision potential (subject to council approval), opening opportunity for land banking or phased development.
- Well-positioned opposite an active new residential development area, highlighting promising capital growth prospects.
- Convenient location just 5 minutes from Millicent CBD, balancing rural lifestyle with essential amenities and services.
- Effective water resources via rainwater and bore supply support various land uses and sustainability.
Overall, this property offers a unique combination of scale, location, and functional improvements suited to buyers looking for lifestyle opportunities with development upside or value retention through occupancy or leasing. The land's flexibility and position within a growth corridor present compelling reasons for consideration by a broad demographic including investors, lifestyle seekers, and developers.
Local Market Insights
In Millicent, Quiet Listings observed 22 new houses entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $758,273. The property type mix of listed properties is predominantly Houses at 50%, followed by land (41%), and commercial properties (7%). South East Property Sales and Management is the only agency with property listings monitored during the period. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Millicent SA 5280
Market Insights for Millicent SA 5280
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