602 Terrace Road, Freemans Reach NSW 2756

Estate on acreage | 5-bed, 2-bath | 2.04 acres | In-law shed | Pool and orchard | Bushfire overlay This property is a rare turnkey estate with a self-sufficient footprint, offering a buyer immediate lifestyle and income flexibility. The 259m² house with north-facing pool and automated shade screens is complemented by a 16m x 10m shed with air-conditioned in-law accommodation, making it suitable for a multigenerational family, a tradesperson requiring workshop space, or an investor targeting dual-occupancy rental yield. The fully landscaped grounds, veggie patch, and orchard reduce ongoing maintenance costs, while the 2.04-acre lot at 3% building coverage provides expansion potential without compromising privacy. The estimated value of $2.3 million positions it at the higher end of the local market, but the configuration edge lies in the shed accommodation, which can generate separate rental income or serve as a home office, offsetting holding costs. The bushfire overlay is the primary risk, potentially increasing insurance premiums and imposing stricter building or vegetation management requirements, which a buyer must factor into due diligence and budget. The property has no recent sales history since 2009, limiting comparable data, and the lack of a public list price means negotiation must be guided by the estimated value range of $2.18–$2.42 million. The rental estimate of $1,010 per week is strong for the area, and with 4 car spaces, solar panels, and NBN Fibre to the Curb, the property supports low running costs. To hold this property, a buyer should secure a building and pest inspection addressing bushfire compliance, then consider leasing the shed accommodation to maximise cash flow while retaining the main house for personal use.