High Yielding Central Lilydale Super Retail site
- 4,882sqm* of prominent corner exposure
- Rental of $570,000 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