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56 John Street, Lilydale, Vic 3140
Lilydale
Smashing Investment with Development Upside
Ray White Commercial Glen Waverley in conjunction with the Ray White network, are pleased to offer an exciting investment with development upside.
This tenanted investment enjoys both a lease with approximately 2.5 years remaining along with the added benefit of recent planning changes. These new overlays offer great future development potential for up to 4 levels (STCA), however should you wish to invest and hold the property it has great track record and also strong rental potential into the future.
Other benefits include:
• Land: 739m2* Building : 600m2*
• Zoning: Commercial Zone 1 (CZ1) with Design Development Overlay 4 (DDO4)
• Lease: 5 year lease as of September 2014 with no further options.
• Current rent: $39,320 per annum plus outgoings plus GST
• Potential for development of up to 3-4 levels STCA
• Potential for dual active frontages, one backing onto Lilydale Marketplace.
• Ability to continue relationship with existing occupier
For all additional information including IM’s and Contracts please contact Ryan Trickey 0400 380 438 or Ben Ainsworth 0412 534 028.
Remember to mention you found this property on DevelopmentReady
Smashing Investment with Development Upside
Ray White Commercial Glen Waverley in conjunction with the Ray White network, are pleased to offer an exciting investment with development upside.
This tenanted investment enjoys both a lease with approximately 2.5 years remaining along with the added benefit of recent planning changes. These new overlays offer great future development potential for up to 4 levels (STCA), however should you wish to invest and hold the property it has great track record and also strong rental potential into the future.
Other benefits include:
• Land: 739m2* Building : 600m2*
• Zoning: Commercial Zone 1 (CZ1) with Design Development Overlay 4 (DDO4)
• Lease: 5 year lease as of September 2014 with no further options.
• Current rent: $39,320 per annum plus outgoings plus GST
• Potential for development of up to 3-4 levels STCA
• Potential for dual active frontages, one backing onto Lilydale Marketplace.
• Ability to continue relationship with existing occupier
For all additional information including IM’s and Contracts please contact Ryan Trickey 0400 380 438 or Ben Ainsworth 0412 534 028.
Remember to mention you found this property on DevelopmentReady
56 John Street, Lilydale, Vic 3140
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
