27a Millbank Road, Terara, NSW 2540

$1,750,000

Lifestyle
Type
4
Bedrooms
2
Bathrooms
2
Parkings
4,813 m²
Area

Published on Wednesday, July 22, 2026 ( See property details for 27a Millbank Road, Terara, NSW 2540)

$1,750,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully restored heritage estate blending historic charm with modern luxury on a spacious rural allotment near Nowra.

🏡 Property Highlights

  • Heritage-listed property with rich local history dating back to 1865
  • Sprawling 1.14-acre rural estate with mature trees and productive gardens
  • Modern architect-designed wing with vaulted ceilings and floor-to-ceiling glass
  • Luxury spa-like ensuite with expansive rural views
  • Versatile studio/home office perfect for remote work or guest accommodation
  • Strong income potential from short-stay holiday bookings

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Fireplace
  • Outdoor Area
  • Home Office / Study
  • Garden / courtyard
  • Ensuite
  • Ceiling Fans
  • Freshly Painted
  • Floorboards

Terara offers a peaceful rural lifestyle with a vibrant local community, renowned for its historic charm and proximity to the South Coast's beaches and amenities. The area features lush landscapes, established gardens, and a range of outdoor activities. Conveniently located just minutes from Nowra, it provides easy access to shopping, schools, and regional attractions. The region is celebrated for its fresh produce, seafood, and scenic countryside. Perfect for those seeking tranquility with modern comforts and income opportunities.

What are the main heritage features of the property?
The property retains original 19th-century elements such as soaring ceilings with plaster rosettes, timber floors, bay windows, and working fireplaces, blending historic charm with modern updates.
Is the property suitable for a home-based business or remote work?
Yes, the property includes a substantial studio/home office above the garage, ideal for remote work, creative pursuits, or guest accommodation.
What are the outdoor living options and garden features?
The estate boasts expansive decks and courtyards, mature trees, a productive orchard, vegetable beds, a herb garden, and a chook pen, creating a private and lush outdoor environment.
Has the property been used for short-stay accommodation?
Yes, the property has a strong history as a short-stay holiday rental, benefiting from its scenic setting and proximity to wedding venues, offering income potential.
What recent renovations have been undertaken?
Recent updates include a designer kitchen with premium appliances and stone benchtops, a spa-like ensuite, fresh interior and exterior paint, and new flooring in the modern wing.
Are there any planning or zoning restrictions that could affect future development or renovations? What is the condition of the original heritage features, and are there any ongoing maintenance requirements? Are there any easements, covenants, or restrictions on the property? Has the property been tested for flood or bushfire risks? Are there any upcoming developments or construction projects nearby that could impact privacy or views? What are the council rates and any additional costs associated with maintaining heritage-listed features? Is the property compliant with current building codes, especially for the modern wing? Are there any issues with pests, drainage, or structural integrity? What are the terms and conditions for the short-stay rental income, and are there any restrictions? Is there any history of water or environmental issues on the property?

27a Millbank Road, Terara, NSW 2540 - More Details

$1,750,000

Set on a sprawling 1.14-acre parcel in the historic village of Terara, The Lodge weaves rich local history through a home that lives with every modern comfort. Originally part of the Millbank estate — established by the de Mestre family, who migrated from Martinique in 1836 — the property carries genuine heritage significance. The de Mestres first built the grand Millbank House, with The Lodge following around 1865 as a coachman's cottage, home to the local doctor's coachman.

Thoughtfully evolved over the years, the residence pairs those 19th-century bones with a striking modern wing, first designed by a renowned local architect in 1985. Vaulted ceilings, exposed brick and floor-to-ceiling glass open the living and dining area to uninterrupted views across the surrounding countryside, framing the paddocks, mature trees and rural backdrop beyond.

More recent renovations have added a designer kitchen with premium appliances and stone benchtops, and a spa-like ensuite where a freestanding tub sits beneath expansive windows that draw the idyllic rural outlook indoors. Fresh interior and exterior paint lifts the whole home, while new flooring now flows through the modern wing. These contemporary touches sit comfortably alongside the home's original character — soaring ceilings with plaster rosettes, the original timber floors preserved in the older part of the home, bay windows and working fireplaces that lend the interiors real warmth and history.

The floorplan offers four generous bedrooms, a cosy sitting room/library and two bathrooms, with the main bedroom enjoying a private dressing room and ensuite. The north-facing modern wing anchors the home's everyday living, its open-plan kitchen, dining and lounge flowing out to decks, courtyards and the meticulously kept gardens.

Outdoors, the park-like grounds are a highlight in their own right: majestic mature trees, a productive orchard of mixed fruit trees, vegetable beds, a herb garden and a chook pen, all set within a private, established garden. A double garage with its own toilet and basin is complemented by a substantial studio/home office above — ideal for remote work, a creative studio or guest retreat.

The property has also enjoyed a strong run as short-stay holiday accommodation, drawing steady bookings thanks to its setting and its proximity to the region's many wedding venues — an appealing income option or a ready-made private retreat.

Just five minutes from Nowra and a little over ten to Greenwell Point, The Lodge blends rare tranquillity with everyday convenience. Enjoy the lush landscapes, the vibrant local community, and the fresh produce and seafood that define this pocket of the South Coast.

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

Disclaimer: All information contained herein has been provided by the vendor and/or third-party sources and is believed to be accurate; however, McGoldrick Estate Agents gives no warranty as to its accuracy and accepts no liability for any errors or omissions. Interested parties should rely on their own enquiries, including with the relevant Council, to verify the information provided.
Type
Lifestyle
Bedrooms
4
Bathrooms
2
Parkings
2
Area
4,813 m²

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