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Retail For Sale found in YARRA RANGES (METROPOLITAN), VIC

HIGH PERFORMING CARWASH INVESTMENT

Investment | Retail | Showrooms | Development/Land

Savills is delighted to offer this exceptional investment opportunity at 467 Maroondah Highway, Lilydale - a modern car wash complex abutting a prominent Shell Petrol Station. The property enjoys prominent exposure to Maroondah Highway, providing unparalleled exposure to an average of 29,000^ vehicles passing per day.
The key attributes of this fantastic property include:
Large landholding of 2,315sq m*
- Modern, five self-service bays and touch free automatic bay
- High quality, well maintained facility
- New 10+5+5+5+5 year lease from February 2017
- Current Net Rental: $115,000 per annum + Outgoings and GST
- Fixed annual rental growth
- Experienced tenant with multiple locations under management
- Significant potential depreciation benefits available
- Strategically positioned next to a busy Shell/Coles Express petrol station
- Huge exposure with 29,000 cars*^ passing daily
- Extremely rare investment opportunity with a new long-term lease and built in rental growth!
467 Maroondah Highway, Lilydale is For Immediate Private Sale.
For further information, please contact:
Julian Heatherich - 0412 995 655
Jesse Radisich - 0402 085 702 *Approx ^Source: Level Crossing Removal Authority

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Price: Immediate Private Sale    Building: 2315m²    Land: 2315m²    Occupancy: Tenanted

PERMIT APPROVED RETAIL SUPERSITE

Development/Land | Retail

Savills is delighted to offer for sale this magnificent development site in an incredibly highly sought after retail location at 304-322 Main Street, Lilydale. This prime development site has the benefit of an approved permit for an outstanding retail and commercial project.
The key attributes of this fantastic property include:
- A major development site of 3,828sq m*
- A prominent, high exposure location with extensive Main Street retail frontage of 61 metres*, plus rear frontage to Hardy Street
- Huge exposure at the gateway to the Yarra Valley with 29,000 cars* passing daily^
- Commercial 1 Zone
- Planning approval in place for a mixed-use project comprising a drive-through fast food store plus additional retail, showroom and office
- Suit alternate uses including childcare, medical etc (STCA)
- Surrounded by high profile retailers including McDonald’s, KFC, Dominos, Caltex and opposite Lilydale Village Shopping Centre with full-line Coles
- An outstanding opportunity to acquire one of the largest remaining Main Street sites and contribute to this busy retail precinct!
304-322 Main Street, Lilydale is For Immediate
Private Sale. For further information, please contact: Jesse Radisich - 0402 085 702 Julian Heatherich - 0412 995 655 Nick Peden - 0402 011 266 *Approx ^Source: Level Crossings Removal Authority

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Price: For Immediate Private Sale    Building: 3828m²    Land: 3828m²    Occupancy: Vacant

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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