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Investment Highlights

  • Prime Main Street location with exceptional exposure
  • Retail lease returning $51,600 p.a. until Sept 2026
  • 666 m² across retail and office spaces on 1,473 m² land
  • Vacant office areas ideal for occupation or leasing

Executive Summary

An outstanding opportunity to acquire a substantial freehold in the heart of Lilydale’s commercial precinct. Offering 666 m² of versatile space across retail and office components, this property combines secure income from a ground-floor retail lease with immediate occupation potential for the office areas. Positioned on a 1,473 m² landholding with rear access and ample parking, 257–261 Main Street represents a strategic acquisition for investors, owner-occupiers, or value-add buyers seeking long-term growth in a tightly held market.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,169 SF
Building Class
C
Price
$1,788,672
Price Per SF
$249.51
Percent Leased
15%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,059 SF
Building FAR
0.46
Lot Size
0.36 AC

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Ground
  • 2,239 SF
  • Office
  • Full Build-Out
  • Now

The building provides a total area of approximately 569 m², configured over two levels: a 208 m² ground floor office and a 361 m² first-floor office. Ample natural light, quality fit-outs, and flexible floor plans accommodate a wide range of business types, including professional services, medical, education, or corporate functions. With heating and cooling throughout, secure rear access, and dedicated staff amenities, the tenancy offers operational efficiency paired with a Main Street address.

  • 1st Floor
  • 3,886 SF
  • Office
  • Full Build-Out
  • Now

The building provides a total area of approximately 569 m², configured over two levels: a 208 m² ground floor office and a 361 m² first-floor office. Ample natural light, quality fit-outs, and flexible floor plans accommodate a wide range of business types, including professional services, medical, education, or corporate functions. With heating and cooling throughout, secure rear access, and dedicated staff amenities, the tenancy offers operational efficiency paired with a Main Street address.

Space Size Space Use Build-Out Available
Ground 2,239 SF Office Full Build-Out Now
1st Floor 3,886 SF Office Full Build-Out Now

Ground

Size
2,239 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor

Size
3,886 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

Ground

Size 2,239 SF
Space Use Office
Build-Out Full Build-Out
Available Now

The building provides a total area of approximately 569 m², configured over two levels: a 208 m² ground floor office and a 361 m² first-floor office. Ample natural light, quality fit-outs, and flexible floor plans accommodate a wide range of business types, including professional services, medical, education, or corporate functions. With heating and cooling throughout, secure rear access, and dedicated staff amenities, the tenancy offers operational efficiency paired with a Main Street address.

1st Floor

Size 3,886 SF
Space Use Office
Build-Out Full Build-Out
Available Now

The building provides a total area of approximately 569 m², configured over two levels: a 208 m² ground floor office and a 361 m² first-floor office. Ample natural light, quality fit-outs, and flexible floor plans accommodate a wide range of business types, including professional services, medical, education, or corporate functions. With heating and cooling throughout, secure rear access, and dedicated staff amenities, the tenancy offers operational efficiency paired with a Main Street address.

  • Listing ID: 40475631

  • Date on Market: 5/11/2026

  • Last Updated:

  • Address: 257-261 Main, Lilydale, VIC 3140

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