271 Forest Reefs Rd, Millthorpe is a bedroom, bathroom House. The property has a land size of 23460m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
WHAT WE LOVE
If you ask the locals about this cottage, it has a very colourful history, and it goes a long way back. It's time to take this beautiful parcel of land and Bluestone cottage, with direct views to Mount Canobolas, and bring it back to life. There is also an artists studio and very rustic sheds that could also be converted (stca). This is a very rare opportunity to make it your own.
You are only minutes to the beautiful heritage listed village of Millthorpe and the convenience of being only 20 minutes drive to Orange.
The perfect opportunity to build your dream home awaits!
WHAT YOU'LL LOVE
- 6 acres of rich basalt soil
- Original bluestone cottage in place with artists studio and sheds
- Great BNB potential
- Fertile cleared land
- Bore
- Renovate or extend to create your dream home
- Approximately 5 minutes drive to Millthorpe
- 20 minutes drive to Orange city limits
- 110,000 Litre rainwater tank and pump, recently installed
- Recently installed septic
- Natural gas available at boundary
- Good fencing
- Amazing views
WHAT THE OWNERS LOVE
We were immediately drawn to the heritage cottage and the views. This property has been a labour of love with extensive attention given to developing our paddocks by removing tons of rocks and planting hedges, so our animals could enjoy great pasture. On weekends we have enjoyed our beautiful fire pit with our neighbours, whilst experiencing the continual beautiful sunsets over Mount Canobolas. The little cottage is a replica of my great grandmothers house, and whilst we were keen to renovate we realised that the next occupants would want to put their own touch on the beautiful building. However we have lived in the cottage for almost two years, with winter enabling us to have our fireplace making us cosy and would have been very happy to stay there indefinitely.
RATES: $331 per quarter approx
ESTIMATED RENTAL RETURN: $420 - 440 per week
The size of Millthorpe is approximately 76.4 square kilometres. The population of Millthorpe in 2011 was 1,109 people. By 2016 the population was 1,228 showing a population growth of 10.7% in the area during that time. The predominant age group in Millthorpe is 0-9 years. Households in Millthorpe are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Millthorpe work in a professional occupation. In 2011, 78.7% of the homes in Millthorpe were owner-occupied compared with 80.6% in 2016.
Millthorpe has 711 properties. Over the last 5 years, Houses in Millthorpe have seen a 79.43% increase in median value, while Units have seen a 471.57% increase. As at 31 October 2024:
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