473 Maroondah HighwayLilydale VIC 3140
Property Details for 473 Maroondah Hwy, Lilydale
Last Listing description (December 2025)
Drive your investment dollar further with unparalleled security &
longevity. With a long-term lease to leading independent retailer, United Petroleum, this well-positioned 190sqm* retail service station is here for the long haul; with 9 years on the current lease, multiple ongoing options extending to a further 30 years, & an excellent rental return & review structure as the starting point! At the gateway to the Yarra Valley in a fast-growing region, this proven site offers a significant parcel of high profile land with good access on 2 frontages including to one of Melbourne's major arterials
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long term legacy investment with options until 2063
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excellent rental return with good annual review structure
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fast-growing independent retailer with around 500 sites nationally
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rent-&-forget low-risk essential service opportunity
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2,039sqm* NRZ site with traditional petrol station layout
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410sqm* canopy area
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4 crossovers over 2 frontages
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190sqm* shop area
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Quickstop convenience-store shopfront
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in-store Pieface offering with strong branding
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north-eastern edge of the Metropolitan area
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gateway to the Yarra Valley
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1 hour to the CBD
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3 minutes to the centre of Lilydale
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5 minutes to Coldstream shopping strip
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major tourist route to the Yarra Valley & snow-fields
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fast-growing residential region, forecast 70% population growth
Leased until September 2033 with options for a further 30 years
* tenanted by a fast-growing independent retailer
* 12 year lease commencing 1st September 2021
* rented at $242,838.86 plus GST & outgoings
* annual rental reviews; 2.5% annually
* 6 x 5-year on-going options
◈Drive Your Investments Forward and Accelerate Your Returns!
*NB All prices exclude GST unless otherwise stated and all sizes are approximate.
"A vision for tomorrow requires a strategy today. Dive into the future with DBRE."
The core focus of DBRE is industrial, commercial and retail property.
Between us we offer over 85 years’ experience in the commercial and industrial property markets with intricate knowledge of Melbourne's southeast corridor.
Property History for 473 Maroondah Hwy, Lilydale, VIC 3140
- 15 Dec 2025Sold for $3,735,000
- 28 Aug 2024Listed for Sale Contact Agents
- 29 Sep 2021Sold for $4,750,000
Recent sales nearby
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0About Lilydale 3140
The size of Lilydale is approximately 29.2 square kilometres. There are 23 parks, covering nearly 9.7% of the 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 9,729 properties. Over the last 5 years, Houses in Lilydale have seen a 12.90% increase in median value, while Units have seen a 16.47% increase. As at 30 June 2026:
- The median value for Houses in Lilydale is $983,711 while the median value for Units is $635,964.
- Houses have a median rent of $630 while Units have a median rent of $550.
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