722 Princes HighwayMillingandi NSW 2549
Property Details for 722 Princes Hwy, Millingandi
Last Listing description (August 2020)
Lake frontage parcels of land this size and locality are a rare find.
Lot 722 Princes Highway offers a huge 39 acre block with rolling grassland, waterbird sanctuary wetland and amazing lake frontage directly accessed off the Princess Highway.
Minutes from the thriving Pambula Village and the boutique shops contained while only 6kms from the bustling Merimbula CBD this block provides the some of the best locality that the sapphire coast has to offer.
Possibly the last chance you will have to acquire a parcel of land of this size with development potential that fronts Merimbula Lake this parcel will not last long.
Zoning on the block is E2 and E3. Development is permissible within Environmental Zones and is outlined by local council by:
E2: Boat launching ramps and jetties, boat sheds, community facilities, drainage, environmental facilities, flood mitigation works, natural water-based aquaculture, roads, water recreation structures.
E3: Dwelling houses, secondary dwellings, bed and breakfast accommodation, cellar door premises, extensive agriculture, farm stay accommodation, function centres, home based child care, information and education facilities, intensive plant agriculture, places of public worship, restaurants, roads.
Property History for 722 Princes Hwy, Millingandi, NSW 2549
- 04 Dec 2023Sold
- 04 Jun 2020Sold for $495,000
- 27 Aug 2019Listed for Sale $558,000
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0About Millingandi 2549
The size of Millingandi is approximately 19.7 square kilometres. It has 4 parks covering nearly 7.9% of total area. The population of Millingandi in 2011 was 384 people. By 2016 the population was 443 showing a population growth of 15.4% in the area during that time. The predominant age group in Millingandi is 60-69 years. Households in Millingandi are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Millingandi work in a trades occupation. In 2011, 85.1% of the homes in Millingandi were owner-occupied compared with 87.4% in 2016.
Millingandi has 351 properties. Over the last 5 years, Houses in Millingandi have seen a 61.52% increase in median value, while Units have seen a 30.15% increase. As at 31 October 2024:
- The median value for Houses in Millingandi is $1,137,440 while the median value for Units is $531,935.
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