An exceptional offering, this substantive 2 ha/5 acre property on the Rocherlea industrial periphery boasts a quality warehouse, lock-up garage/storage shed, an attractive two bedroom 'caretakers' home plus enormous upside with the inherent development potential afforded in the balance land.
Features of 131-139 Lilydale Road include:
- level site of some 20190 sqms
- extensive 261 metre frontage to Lilydale Road
- secure 485sqm contractors style workshop/warehouse
- separate 92sqm lock up garage/storage shed
- appealing two bedroom brick 'caretakers' home
- beneficial General Industrial zoning overlay
- potential for cluster warehouse development and fuel
- concept plan prepared for 8 lot development
- mains infrastructure and services run into the property
- passing rent income from three tenancies of approx. $5300 per month gross
A prudent buy either to occupy, invest, subdivide & develop or just land bank.
Contact Ian Singline for further details.
For more details, please email agent