Vero Property has been engaged by the owners of Lot 6, 447-449 Maroondah Highway, Lilydale Victoria 3140 to assist in the sale of this property.
The subject lot forms part of an Owner’s Corporation unit development, and therefore the land incorporates common areas. Notwithstanding, we note the parent development comprises an irregular shaped allotment, which incorporates the following principal site dimensions:

Maroondah Highway frontage – 138.74 metres
Northern Boundary
- 104.22 metres
Eastern Boundary – 134.11 metres
Western Boundary – 155.6 metres

Parent Allotment Site Area – 16811.4sqm

The parent site is irregular in shape, incorporating a frontage to a service road.
The land falls in contour from the service road abutting Maroondah Highway, albeit the balance virtually level.
The property was surveyed by Licensed Surveyors, Chris Runting and Associates Pty Ltd, dated 8th August 2006 to confirm the occupational measurements.

Currently with two of three households name tenant Coates Hire and Super Cheap Auto at a great return at 6.5% to 7%