Introducing an extraordinary opportunity in the heart of Coldstream Township, a coveted property now available for the first time in over 40 years. Spanning approximately 2.6 acres, this site boasts a thriving tenant base including Foodworks and generates a stable annual income. As a savvy investor, you'll be drawn to the undeniable potential for substantial development (subject to council approval).
This prime property is strategically zoned as Commercial 1, opening up a world of limitless possibilities. With abundant space and significant growth prospects, this location serves as the epicentre of Coldstream, acting as the gateway to the enchanting Yarra Valley. Here, you have the chance to create a truly iconic landmark that will stand the test of time.
Surrounded by a burgeoning residential development featuring 67 allotments, this property complements an existing neighbourhood of approximately 700 homes. Positioned at the intersection of Maroondah Highway and Killara Road, this site benefits from the highest traffic flow in the Yarra Valley, attracting travelers heading North. Whether they're bound for the slopes of Mount Buller in winter or the idyllic Lake Eildon and Mansfield region in the warmer months, this property captures it all.
Moreover, its strategic location places it within a convenient 5-kilometer radius of Lilydale's Central Business District and a mere 18 kilometres from the rapidly expanding and lively Healesville region. This is a unique opportunity that promises exceptional returns.
To seize this exceptional prospect, please reach out to our expert team. Contact Bradley Knight at 0427 301 538 or Damian Ford at 0499 735 567 for additional information.
Don't miss the chance to make your mark on Coldstream's future.
