52 Victoria Road, Lilydale, Vic 3140

Auction 2nd of June......

When looking for a potential development site, location, location, location. This prime ~900m2 corner allotment is amongst a fantastic mix of schools, shops & Lilydale Station only a few minutes’ walk away.

Offering a rare opportunity, the current dwelling has 2 separate titles. Earn 2 rental incomes from the one property.

• 52A upstairs features a large 3-bedroom, with 2 living spaces & kitchen/meals area and main bath room,

• 52B downstairs offers a separately-metered 3bedroom residence with second bathroom, and kitchen.

Whether you look to knock down & redevelop into multiple townhouses (highly desirable at the moment) or to keep it on your books as a fantastic income generator with units out the back (STCA)…. the potential is huge!

Positioned opposite Lilydale Primary School, with direct access to Lilydale Station, & with further infrastructure in the pipeline for Lilydale and adjacent Chirnside Park, get in early and reap the rewards.

I look forward to seeing you at our next open!

DETAILS

• 880m2 Corner allotment zoned GRZ1 + DD07 overlay ripe for development (STCA)
• 2 separately metred dwellings in 1, both 3 beds 1 bath with kitchen, meals & lounge.
• Offering options, retaining current dwelling (underground garage in place) + rear units or knock down and rebuild luxury townhouses (STCA)
• Fantastic rental income opportunity from the existing dwelling.


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