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199 Main Street Lilydale VIC 3140

  • Development / Land
  • 669 m²
  • For Sale, $1,790,000 (excl. GST)

INVESTMENT WITH DEVELOPMENT UPSIDE - ENDLESS POSSABILITIES

    This retail, warehouse and land site is on the market for sale for the first time in 30 years and offers endless possibilities due the location, land size and building layout.  The site includes 2 shops which are 180 square metres and 200 square metres in size.  One shop is currently leased out at a rental of $22,800 per annum plus GST plus outgoings on a 3 year lease with a 3 year lease option.  The lease commenced on the 1/6/2016.  The second shop is leased out at $21,500 plus GST plus outgoings on an 8 year lease with an 8 year option. The warehouse and yard is leased at a rental of $18,000 per annum plus GST plus outgoings. Features of the property don't stop at the two shops there is also a warehouse area below which is 280 square metres and a locked up hard stand area of 250 square metres.  This site will offer the lucky purchaser multi options. 

    Features Include:

    - Total building size: 660 square metres
    - Total land size: 669 square metres
    - Rear access (Rear lane)
    - 2 x shops
    - Warehouse space
    - Rear yard area (250 square metres)
    - Excellent location

    Property Highlights

    Property ID2016325441
    Floor Area660 m²
    Land Area669 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  4 Nov 2020
    Map for 199 Main Street Lilydale VIC 3140
    Map for 199 Main Street Lilydale VIC 3140199 Main Street Lilydale VIC 3140
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    • Purchase price

      $
      1,790,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    R.E. Appleby Pty Ltd
    20 Station Street Bayswater VIC 3153

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