3 Millewa Avenue, Warrawee NSW 2074

3 Millewa Avenue, Warrawee NSW 2074
Mediterranean prestige | 5-bed, 4-bath | 1,758sqm north-facing land | internal lift, wine cellar, seven living zones This property offers a rare combination of scale and privacy within walking distance of Warrawee station and elite schools. The 630sqm internal footprint with seven distinct living spaces, internal lift, and wine cellar positions it as a multigenerational or executive family home where configuration edge is clear. The north-facing mature gardens and multiple alfresco areas add genuine lifestyle depth, while the 36% building coverage leaves meaningful land value. It serves best a buyer seeking a turnkey prestige residence with immediate amenity and long-term land holding potential. The 1998 build date means some systems may approach renewal cycles, particularly air conditioning and kitchen appliances, which could require capital within five years. The triple open car space is a functional limitation for a property of this calibre. No heritage overlay is a structural advantage for future reconfiguration. The property should be held as a primary residence; subdivision potential is limited by lot size and council zoning, but the land component supports long-term value retention.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3 Millewa Avenue, Warrawee NSW 2074
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Market Insight:

Warrawee is an established Upper North Shore suburb experiencing a significant market correction, with house prices under considerable pressure. Recent sales activity indicates demand persists for premium properties, though overall volume remains low. The market is currently characterised by a constrained rental supply and a clear buyer’s advantage, with houses taking approximately a month to sell. Future performance will hinge on broader economic conditions and the suburb’s enduring appeal to upsizers seeking its tranquil setting and connectivity.
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PropCred Estimated Value

Bedrooms

5

Bathroom

4

Parking

3

Land

1745mยฒ

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