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6/447-449 Maroondah Highway
Lilydale VIC 3140
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Sold on 1 Jul 2022

6/447-449 Maroondah Highway Lilydale VIC 3140

  • Showrooms / Bulky Goods
  • 4,709 m²
  • Sold

High Yielding Central Lilydale Super Retail site

  • 4,882sqm* of prominent corner exposure
  • Rental of $590,000 pa.*
  • 3 Separate titles under one building

Leased to longstanding blue chip tenants, your chance to secure this perfectly positioned in the prime central location of Lilydale at the popular wine region of Yarra Valley. This large retail commercial building has 8m height clearance. It is enjoying a solid high rental return from three income streams, ideal for an investor seeking security with scope to add value in the long term.

+ Lilydale's population is forecast to grow from 18,055 to 30,941 by 2041. Surrounded by important social infrastructure, including 10 schools within 3km and the $2billion residential & mixed-use Cave Hill Quarry Urban Renewal project.

+ High exposure commercial town centre located amongst national retailers including Toyota and Nissan dealership

+ Huge corner landholding of approx..4,882sqm* with amble of onsite parking. Total overall site areas 16,811sqm.*

+ NLA 4,709sqm*

+ Prime trading position with a multitude of passing highway traffic

This is an extremely rare opportunity to secure such a huge high caliber suburban retail showroom/warehouse building of this nature when you consider the prime location, leases to the most secure of tenants and exceptional future growth potential.

* Approximately

EXPRESSION OF INTEREST

Closing date and time15/06/2022 17:30
Recipient nameAsk Agent
Delivery addressAsk Agent

Property Highlights

Date Sold1 Jul 2022
Floor Area4,709 m²
Land Area4,882 m²
ParkingOn street parking
Building TypeWhole building
Property ID2017805515
Category
Last updated  9 Jul 2022
Map for 6/447-449 Maroondah Highway Lilydale VIC 3140

Property Highlights

Date Sold1 Jul 2022
Floor Area4,709 m²
Land Area4,882 m²
ParkingOn street parking
Building TypeWhole building
Property ID2017805515
Category
Last updated  9 Jul 2022
Level 2, Riverside Quay Southbank VIC 3006
Melbourne International Realty
Melbourne International Realty

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