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Ray White Commercial - Nunawading
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18-22 Lakeview Drive Lilydale, VIC 3140

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18-22 Lakeview Drive Lilydale, VIC 3140

Offices • Shop & Retail • Other
Sold Price

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Land area

2804.0m²

Floor area

510.0m²

Car spaces

40

Zoning

NRZ1

Tenure type

Tenanted Investment

Sold on

29 Oct 2018

Impressive Government CFA Freehold

Expressions of Interest closing 17th October 2018 at 4pm

Ray White Commercial proudly presents this unique CFA freehold within the Lakeview Estate. The property was constructed in 1990 and extended in 2004 to accommodate the CFA's requirements with 14 offices and 2 large open areas plus a lunch room and secure lock up storage shed. The CFA's lease currently runs until 5th April 2019 with no further options, lending the property to be redeveloped. The medium residential house price in Lilydale is currently sitting at $735,000 which underpins further residential development. The existing lease provides fantastic holding income whilst plans are approved or leased to a variety of uses within the residential zoning which includes, Child Care, Place of Worship and Office use (STCA).

The property features

• Land area | 2,804m2*

• Building area | 510m2*

• Lockup shed | 140m2*

• Leased to the CFA until 5th April 2019

• Return $140,229.82 pa Net

• Over 40 Car spaces onsite

• 14 office areas + open areas

*approximately

Property ID: 502954498Last Updated: 6 Dec 2018

0439 *** ***
Ray White Commercial - Nunawading
18-22 Lakeview Drive
Lilydale, VIC 3140
Brett Diston

Ray White Commercial - Nunawading

1-3 Rooks Road
NUNAWADING, VIC 3131

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Ray White Commercial - Nunawading

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Ray White Commercial - Nunawading

1-3 Rooks Road
NUNAWADING, VIC 3131
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Brett Diston

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Brett Diston
Ray White Commercial - Nunawading
18-22 Lakeview Drive Lilydale, VIC 3140

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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