In a prime centre of Lilydale location, this substantial 918m2 property benefits from development-friendly zoning (DDO7), opening the door to exciting redevelopment.
It’s perfectly rectangular and level site offers easy, straightforward planning for multiple multi-level townhouses. While the existing three-bedroom weatherboard home is ready to make way for something new, it also currently provides a rental income on a periodic basis.
Sitting in a thriving growth area with convenience and connectivity, it is walking distance to Lilydale Main Street, Railway Station, Maroondah Highway, Lilydale Heights College, Lilydale North Preschool, Old Pound Reserve, Gateway Reserve, Cave Hill Industrial Gardens and the popular Warburton Rail Trail. With the Yarra Valley just over the hill, it's easy to see why this balanced lifestyle location is in high demand for developers and occupants alike.
This is a rare chance to secure a property with the zoning, size, and position to make your future development a success.
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
