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RWC  - Diston Asset Services

18-22 Lakeview Drive Lilydale, VIC 3140

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18-22 Lakeview Drive,
Lilydale, VIC 3140

Offices • Shops & Retail • Other

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RWC  - Diston Asset Services
Brett Diston

RWC - Diston Asset Services

117 Canterbury Road
HEATHMONT, VIC 3135
04393655...
RWC  - Diston Asset Services
18-22 Lakeview Drive
Lilydale, VIC 3140

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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: 9 Jan 2019

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RWC - Diston Asset Services
117 Canterbury Road
HEATHMONT, VIC 3135

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