2-4 Victoria RoadLilydale VIC 3140
Property Details for 2-4 Victoria Rd, Lilydale
Last Listing description (December 2021)
Knight Frank is pleased to offer this excellent opportunity to invest, landbank or develop (STCA) a prized property on the corner of Maroondah Highway and Victoria Road, giving this building the greatest exposure in an already busy intersection.
+ An underutilised corner landholding of 4,702sqm* with future potential to add value through development (STCA)
+ A prominent corner asset ideal for Childcare, Medical or Aged Care (STCA)
+ Currently consisting of a restaurant/wedding reception with a fully upgraded commercial kitchen and license for 300 patrons
+ Separate onsite 2 bedroom residence with 2 bathrooms and open plan living
+ Ample car parking with dual access including direct access from Maroondah Highway
+ Opposite Kinley Masterplan development which will comprise of 3,200 dwellings and 8,000 residents
FOR SALE VIA EXPRESSION OF INTEREST CLOSING WEDNESDAY 8TH DECEMBER AT 2PM (AEDT)
For information please contact the exclusive sales and marketing agents.
*approx
Property History for 2-4 Victoria Rd, Lilydale, VIC 3140
- 12 Oct 2023Sold for $4,730,000
- 14 Dec 2021Sold for $4,301,000
- 12 Jul 2019Listed for Sale Not Disclosed
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0About Lilydale 3140
The size of Lilydale is approximately 29.2 square kilometres. It has 23 parks covering nearly 9.7% of total area. The population of Lilydale in 2016 was 16531 people. By 2021 the population was 17348 showing a population growth of 4.9% in the area during that time. The predominant age group in Lilydale is 50-59 years. Households in Lilydale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lilydale work in a professional occupation.In 2021, 77.60% of the homes in Lilydale were owner-occupied compared with 76.10% in 2016.
Lilydale has 9,694 properties. Over the last 5 years, Houses in Lilydale have seen a 30.80% increase in median value, while Units have seen a 23.95% increase. As at 31 January 2026:
- The median value for Houses in Lilydale is $1,016,753 while the median value for Units is $622,114.
- Houses have a median rent of $605 while Units have a median rent of $550.
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