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56 John Street, Lilydale, Vic 3140

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56 John Street, Lilydale, Vic 3140

56 John Street, Lilydale, Vic 3140

Properties / Sold / Victoria / Lilydale
Development Potential

1. Property Summary

Property Type
Commercial
Land Area
739 sqm (*approx)
Selling Method
SOLD: 07-Apr-17
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2. Property Highlights

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

Read More
Development Potential

1. Property Summary

Property Type
Commercial
Land Area
739 sqm (*approx)
Selling method
SOLD: 07-Apr-17

2. Property Highlights

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

Read More
Development Potential
Ryan Trickey
Ryan Trickey
+61 *** *** *** show +61 400 380 438

Download Development Site Report
Ryan Trickey
Ryan Trickey
+61 *** *** *** show +61 400 380 438

3. Property Location

56 John Street, Lilydale, Vic 3140

Property Map
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56 John Street, Lilydale, Vic 3140 Lilydale
RWC - Glen Waverley
RWC - Glen Waverley
169 Coleman Parade, Glen Waverley 3150, VIC
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Ryan Trickey
Ryan Trickey
+61 *** *** *** show +61 400 380 438