49 Fifth Street, Millicent SA 5280

3 bed house on 1011m² | 272m² build | shed with 3-phase | Millicent’s central fringe | strong owner-occupier street The house’s configuration on 1011m² with a 272m² building footprint and a substantial shed with 3-phase power provides a rare combination of generous living space and serious workshop or storage capacity that is uncommon in this price bracket. The 27% building coverage leaves meaningful yard space, and the verandah and pergola extend usable outdoor areas. This property serves best a buyer needing both comfortable three-bedroom accommodation and dedicated workspace, or someone seeking a holding position on a well-proportioned lot in a street with 90% owner-occupancy and recent sales at $564,000. The bushfire overlay is a present risk that may increase insurance costs and impose vegetation management obligations, though its absence of flood or heritage constraints simplifies future development or subdivision potential. The water tank and second outdoor toilet are practical additions that reduce ongoing costs. Rental potential at $420 per week offers a modest buffer if holding. The property’s age and single bathroom are the main compromises, but the shed and land area create a clear edge for buyers who value utility over cosmetic finish. Buy with confidence as a long-term hold on a solid block in a stable street.