SOLD
Sold on 22 Mar 2024 for $1,770,000

1-11 Mills Road
Londonderry NSW 2753

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20270m2
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Property Details for 1-11 Mills Rd, Londonderry

1-11 Mills Rd, Londonderry is a 0 bedroom, 0 bathroom House. The property has a land size of 20270m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 0 bedroom House sold in Londonderry in the last 12 months.

Building Type
House
Land Size
20270m2
Local Government
Penrith
Lot/Plan
2/DP236592

Last Listing description (July 2024)

This 5-acre vacant parcel at 1-11 Mills Road, LONDONDERRY, priced at $1,900,000, presents itself as a tremendous investment opportunity with promising future potential. Boasting RU4 Zoning, the property offers a canvas for diverse possibilities, making it a strategic and versatile investment. Here's why it stands out:

Location and Convenience:
Located in the charming Londonderry village, it combines the allure of a country town with the convenience of easy access to Penrith and Richmond/Windsor.

Land Use Flexibility:
Under RU4 Zoning, the property allows for sustainable primary industries and various compatible land uses, providing flexibility for the investor.

Development Opportunities:
The virgin land parcel opens avenues for creating a dream home or exploring dual occupancy possibilities (STCA), catering to those seeking a semi-rural lifestyle.

Subdivision Potential:
With an eye for the future, the property could serve as a lucrative land bank, considering the potential for future subdivision (STCA). This strategic foresight positions it as a valuable long-term investment.

Rare Opportunity:
Vacant land of this size is a rarity, making this property a unique investment prospect. The scarcity of large plots enhances its desirability.

Investment in Comfortable Living:
For those yearning for a country lifestyle with city amenities, this property offers an ideal setting for families to settle down and enjoy life's comforts.

Experienced Realtor:
Contact Stephen Thomas at 0411 664 449 for more details. With over 42 years of existence, this property is being offered for the first time, further emphasizing its exclusivity and potential.

In conclusion, this 5-acre parcel stands not only as an immediate opportunity for a dream home but also as a strategic investment in the future. The combination of location, zoning, and development possibilities positions it as a property with enduring value and growth potential. Don't miss the chance to invest in a piece of land that holds the promise of a prosperous future.

Property History for 1-11 Mills Rd, Londonderry, NSW 2753

A timeline of how this property has performed in the market
Last Sold
$1,770,000
22 Mar 2024
  • 22 Mar 2024
    Sold for $1,770,000
  • 15 Mar 2023
    Listed for Sale $1,900,000
  • 04 Nov 1980
    Sold for $41,500

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About Londonderry 2753

The size of Londonderry is approximately 35.4 square kilometres. It has 5 parks covering nearly 1.5% of total area. The population of Londonderry in 2011 was 3,816 people. By 2016 the population was 3,918 showing a population growth of 2.7% in the area during that time. The predominant age group in Londonderry is 10-19 years. Households in Londonderry are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Londonderry work in a trades occupation. In 2011, 77.1% of the homes in Londonderry were owner-occupied compared with 78.8% in 2016.

Londonderry has 1,336 properties.

    There are currently 16 properties listed for sale, and 4 properties listed for rent in Londonderry on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Londonderry.

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    Contact agent
    Stephen Thomas
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    Steve Thomas
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    LJ Hooker Penrith
    Preferred contact:
    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.