OFF MARKET

27A Millbank Road
Terara NSW 2540

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 196m2
Land area: 4813m2
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Property Details for 27a Millbank Rd, Terara

Building Type
Land
Year Built
1880
Floor Size
196m2
Land Size
4813m2
Local Government
Shoalhaven
Lot/Plan
103/DP1213873

Last Listing description (November 2024)

Set on a sprawling 1.14-acre block in the historic village of Terara, The Lodge is steeped in rich history and combines traditional charm with contemporary luxuries. Originally part of the Millbank estate, established by the de Mestre family who migrated from Martinique in 1836, this property reflects its significant heritage. The de Mestre family initially constructed the grand Millbank House, with The Lodge later built around 1865 as a coachman's cottage to house the local doctor's coachman.

Thoughtfully updated, the property includes a modern extension designed by a renowned local architect in 1985, featuring a light-filled living and dining space with floor-to-ceiling windows that offer panoramic views of the serene countryside. Currently utilised as a lucrative short-stay holiday accommodation, The Lodge enjoys a steady stream of bookings, benefiting from its proximity to numerous wedding venues in the area?an attractive option for guests seeking a picturesque retreat.

Recent renovations include a state-of-the-art kitchen equipped with high-end appliances and granite benchtops, and an updated ensuite bathroom designed to offer a spa-like experience with expansive windows that frame the idyllic rural scenery. These contemporary enhancements beautifully complement the original features such as high ceilings adorned with plaster rosettes, beautifully aged timber floors, and functional fireplaces, adding warmth and historic value.

Additionally, The Lodge has DA approved plans for new indoor and outdoor living spaces, providing an exciting opportunity to further enhance its functionality and aesthetic appeal. This home features four spacious bedrooms, a cosy library/sitting room, and two bathrooms. The modern wing boasts a north-facing open plan area with vaulted ceilings and large glass windows, enhancing the connection to the meticulously kept gardens.

Outdoor amenities include a majestic mature trees, a thriving orchard with a variety of fruit trees, vegetable beds, a herb garden, and a chook pen, all set within a private park-like garden. The property also offers a double garage with a convenient toilet and basin, and a substantial studio/home office space above, perfect for remote work or creative endeavours.

Just 5 minutes from Nowra and just over 10 minutes to Greenwell Point, this property offers a blend of tranquillity and convenience, making it a rare find. Enjoy the lush landscapes, vibrant community activities, and the abundance of fresh local produce and seafood that define this charming region.

Contact Tim McGoldrick today for an exclusive tour of The Lodge.

Features at a glance:

- Four bedrooms, two bathrooms
- Expansive open plan living area with additional sitting room/library and dining area
- Modernised kitchen with granite benchtops
- Original features including polished timber floors and working fireplaces
- Currently a popular short-stay holiday accommodation with excellent booking rates
- DA approved plans for new indoor and outdoor living spaces
- Rich historical significance dating back to the 19th century
- Private garden setting with mature trees and a productive orchard
- Garage with additional facilities and large office/studio space above

Property History for 27a Millbank Rd, Terara, NSW 2540

A timeline of how this property has performed in the market
Last Sold
$1,650,000
14 Jan 2021
  • 23 Apr 2024
    Listed for Sale $1,950,000
  • 14 Jan 2021
    Sold for $1,650,000
  • 21 Sep 2020
    Listed for Sale Contact Agent
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About Terara 2540

The size of Terara is approximately 8.9 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Terara in 2011 was 241 people. By 2016 the population was 217 showing a population decline of 10.0% in the area during that time. The predominant age group in Terara is 60-69 years. Households in Terara are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Terara work in a trades occupation. In 2011, 66.7% of the homes in Terara were owner-occupied compared with 73.7% in 2016..

Terara has 203 properties. Over the last 5 years, Houses in Terara have seen a 59.73% increase in median value. As at 31 October 2024:

  • The median value for Houses in Terara is $823,654 while the median value for Units is $422,954.
There are currently 1 property listed for sale, and no properties listed for rent in Terara on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Terara.

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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.