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18-22 Lakeview Drive, Lilydale, VIC, 3140

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18-22 Lakeview Drive, Lilydale, VIC, 3140

Lilydale

18-22 Lakeview Drive, Lilydale, VIC, 3140
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18-22 Lakeview Drive, Lilydale, VIC, 3140

Lilydale

SOLD
18-22 Lakeview Drive, Lilydale, VIC, 3140

18-22 Lakeview Drive, Lilydale, VIC, 3140

Properties / Sold / Victoria / Lilydale
Development Potential
Property Type
Health/Medical, Residential
Land Area
2,804 m² (*approx)
LGA
Yarra Ranges Shire
Selling Method
SOLD:
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IMPRESSIVE GOVERNMENT CFA FREEHOLD
 
SOLD
 
Ray White Commercial proudly presents this unique CFA freehold within the Lakeview Estate. The property was constructed in 1990 and extended in 2004 to accommodate the CFA's requirements with 14 offices and 2 large open areas plus a lunch room and secure lock up storage shed. The CFA's lease currently runs until 5th April 2019 with no further options, lending the property to be redeveloped. The medium residential house price in Lilydale is currently sitting at $735,000 which underpins further residential development. The existing lease provides fantastic holding income whilst plans are approved or leased to a variety of uses within the residential zoning which includes, Child Care, Place of Worship and Office use (STCA).
 
The property features
  • Land area | 2,804m2*
  • Building area | 510m2*
  • Lockup shed | 140m2*
  • Leased to the CFA until 5th April 2019
  • Return $140,229.82 pa Net
  • Over 40 Car spaces onsite
  • 14 office areas + open areas
*approximately

Remember to mention you found this property on DevelopmentReady
Read More
Development Potential

Development Site Summary

Property Type
Health/Medical, Residential
Land Area
2,804 m² (*approx)
LGA
Yarra Ranges Shire
Selling method
SOLD:

Development Site Highlights

IMPRESSIVE GOVERNMENT CFA FREEHOLD
 
SOLD
 
Ray White Commercial proudly presents this unique CFA freehold within the Lakeview Estate. The property was constructed in 1990 and extended in 2004 to accommodate the CFA's requirements with 14 offices and 2 large open areas plus a lunch room and secure lock up storage shed. The CFA's lease currently runs until 5th April 2019 with no further options, lending the property to be redeveloped. The medium residential house price in Lilydale is currently sitting at $735,000 which underpins further residential development. The existing lease provides fantastic holding income whilst plans are approved or leased to a variety of uses within the residential zoning which includes, Child Care, Place of Worship and Office use (STCA).
 
The property features
  • Land area | 2,804m2*
  • Building area | 510m2*
  • Lockup shed | 140m2*
  • Leased to the CFA until 5th April 2019
  • Return $140,229.82 pa Net
  • Over 40 Car spaces onsite
  • 14 office areas + open areas
*approximately

Remember to mention you found this property on DevelopmentReady
Read More
Development Potential
Brett Diston
Brett Diston
+61 *** *** *** show +61 439 365 532
Brett Diston
Brett Diston
+61 *** *** *** show +61 439 365 532

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18-22 Lakeview Drive, Lilydale, VIC, 3140

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18-22 Lakeview Drive, Lilydale, VIC, 3140 Lilydale
Ray White Commercial - Nunawading
Ray White Commercial - Nunawading
1-3 Rooks Rd, Nunawading, VIC, 3131
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Brett Diston
Brett Diston
+61 *** *** *** show +61 439 365 532