Sold for $890,000
1 Nicholas Street
The property at 1 Nicholas Street, Lilydale, offers a lot of potential with its sizable 1100m2 block and a wide 22m frontage, ideal for redevelopment or subdivision (subject to council approval). Its location within walking distance of Lilydale station and nearby shopping centers adds significant appeal for future projects or tenants.
With a current lease in place until March 2025, it provides immediate rental income, making it an attractive proposition for investors looking to develop in the future. This opportunity is ideal for developers or investors seeking to capitalise on the strong demand in the thriving Lilydale real estate market.
Property ID
2595844
Property Type
House
Status
Sold
Floor Size
93m2
Land Size
1100m2
Mark Gunther
Principal, Licensed Estate Agent
mark@markgunther.com.au
0448 623 030