201 Commercial Road, Vineyard NSW 2765

2.05 ha in Vineyard | 1940s house on a rare large block | bushfire, flood, heritage overlays | sold $5.3m Aug 2024 | off-market now This property’s primary buying case rests on its exceptionally large 2.05 hectare parcel in a growing outer-west corridor, where such landholdings are increasingly rare and command a premium. The 1940s dwelling, while older, provides a functional footprint of about 399 m², and the low 2% building coverage signals significant capacity for extension, redevelopment, or subdivision—subject to council approval. The house serves best a buyer seeking long-term land banking, a hobby farm lifestyle, or a repositioning play on a site with strong connectivity via FTTP NBN and 5G, within established school catchments. The August 2024 sale at $5.3 million confirms recent market validation at that level. The key risks are the planning overlays: bushfire vegetation buffers and categories, flood overlay, and a heritage overlay, which collectively will constrain any development or renovation and require specialist due diligence before committing further capital. These constraints may limit subdivision potential and increase compliance costs. The opportunity lies in holding for capital appreciation as the area densifies, or in a carefully managed redevelopment that respects overlay requirements—potentially a dual-occupancy or rural homestead upgrade that leverages the large site while mitigating bushfire and flood exposure. A buyer should engage a town planner early to clarify permissible yield.