Log In/Sign Up
Your email has been sent.
53 John Street 2,637 SF Retail Building Lilydale, VIC 3140 For Sale
Investment Highlights
- Prominent 1,011.83 sqm landholding with 20 meters of street frontage.
- Positioned directly opposite Lilydale Marketplace retail complex.
- Close to Lilydale train station and well-served by Maroondah Highway and nearby arterials.
- Commercial 1 zoning allowing diverse development opportunities.
- Currently leased with income of approx. $40,833 pa plus GST, offering holding income.
- Located within an established precinct with strong demand for commercial and mixed-use development.
Executive Summary
Positioned in the heart of Lilydale’s vibrant town center, 53 John Street presents a rare investment and redevelopment opportunity. Occupying a 1,011.83 sqm parcel of land zoned Commercial 1 (C1Z), this property boasts a 20-meter frontage along John Street and sits directly opposite Lilydale Marketplace, a key retail hub in the region.
Currently generating an annual income of approximately $40,833 plus GST with scope for rental uplift, the site offers a flexible pathway for investors and developers seeking value-add potential. The Commercial 1 zoning permits a wide range of uses including retail, office, accommodation, or mixed-use developments.
Strategically located within walkable proximity to Lilydale Station, major retail anchors, and essential services, the site benefits from strong connectivity via Maroondah Highway and convenient links to the broader eastern metropolitan area. With Melbourne CBD less than an hour’s drive and surrounded by educational institutions and established residential neighborhoods, this location offers strong fundamentals for long-term growth.
Currently generating an annual income of approximately $40,833 plus GST with scope for rental uplift, the site offers a flexible pathway for investors and developers seeking value-add potential. The Commercial 1 zoning permits a wide range of uses including retail, office, accommodation, or mixed-use developments.
Strategically located within walkable proximity to Lilydale Station, major retail anchors, and essential services, the site benefits from strong connectivity via Maroondah Highway and convenient links to the broader eastern metropolitan area. With Melbourne CBD less than an hour’s drive and surrounded by educational institutions and established residential neighborhoods, this location offers strong fundamentals for long-term growth.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,637 SF
Building Class
C
NOI
$29,418
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.25 AC
Parking
27 Spaces (5.02 Spaces per 1,000 SF Leased)
Frontage
66’ on John Street
Amenities
- Courtyard
- Fenced Lot
- Signage
- Air Conditioning
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
53 John Street
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.