Ray White Commercial Glen Waverley working in conjunction with Ray White Commercial NSW are pleased to offer for sale 56 John Street, Lilydale by auction. This high profile property abuts the new Lilydale Market Place development. With potential for front and rear access (Subject to Council Approval) there is potential for upside and also a range of tenancies. This tenanted investment enjoys both the security of a proven reliable tenant with the added benefit of recent planning changes. These new overlays offer great future development potential for up to 3-4 levels (Subject to Council Approval), however should you wish to invest and hold the property it has a great track record and also should have strong rental potential into the future. Other highlights of the site include:
Commercial Zone 1 (CZ1) with Design Development Overlay 4 (DDO4)
5 year lease as of December 2014 with no further options (current rent: $43,252.20 p.a.* including GST)
Friday 7 April 2017 (contact agents for time)
For more information or to obtain a copy of the Information Memorandum please contact the exclusive selling agents.
Eight prominent development sites and / or investments located on the east coast of Australia are being offered for individual sale. The property sizes range from 595m2* – 22,350m2* and their zonings include Commercial, Retail, Mixed-Use or Residential (Subject to Council Approval). Each property is ideally positioned; with their locations being close to established commercial centres. These sites are being offered on behalf of a publicly listed corporation and the vendor’s instructions to sell are very clear.