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Overview
This expansive land parcel of approximately 4556 square metres at 5 Second Avenue, Millfield, offers a rare opportunity for residential development with substantial lifestyle benefits. The property enjoys scenic views and comes with essential utilities in place including power, water, and sewerage connections, facilitating a straightforward building process.
The land features an 800 square metre building envelope, providing generous space for a family-sized home or a custom design tailored to buyer requirements. Importantly, construction is subject to flood elevation regulations, requiring buildings to be set 500mm above the 1-in-100-year flood level, while setbacks ensure environmental sensitivity with a 30-metre buffer from wetlands and 12 metres from the front boundary.
Located within walking distance of local amenities such as schools, shops, chemists, church, parks, and sporting ovals, this property is well-positioned for families or those seeking lifestyle convenience in a semi-rural setting. The zoning allows for large-lot residential use (R5) alongside environmental conservation (C2), offering potential future subdivision opportunities that appeal to investors or developers.
- Generous land area with dedicated building envelope
- Views contributing to a tranquil, natural environment
- Comprehensive utilities and approved building plans in place
- Proximity to essential community services and recreational facilities
- Zoning offers flexibility for residential use and potential subdivision
Overall, this land presents a compelling prospect for buyers looking to establish a lifestyle property in Millfield with the flexibility to build thoughtfully within a regulated and picturesque environment.
Local Market Insights
In Millfield, Quiet Listings observed 3 new parcels of land entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $756,667. The property type mix of listed properties is predominantly Houses at 87%, followed by land (6%), and commercial properties (4%). McGrath Estate Agents was the most active agency in this area, representing 32.6% of all new listings in the last 30 days. 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
Millfield NSW 2325
Market Insights for Millfield NSW 2325
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