45 Albert Hill Road, Lilydale VIC 3140

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Unique investment opportunity! Buy one or buy both, as 43 & 45 Albert Hill Rd are now available, with 43 now listed at $750,000 - $800,000.

Two side by side lengthy residential blocks located on one of the most valued and traditional streets in Lilydale, within a short walk to the shops, schools and the train station which is currently undergoing an upgrade. Booming with new developments and catering for the many who want to move further East, Lilydale is fast becoming the ultimate postcode choice, being that one step out of busy suburbia and one step closer to a more relaxed lifestyle, where parks, reserves, walking tracks and cafes are all minutes from away. Uniquely appealing to Developers to secure both blocks which total 2475m2 (approx.) combined, opens up the possibilities for a substantial re-development of the entire two blocks to occur. 8-10 new dwellings are possible here (STCA) if sold as a pair, otherwise if sold independently the potential for four new dwellings is an exciting option for a smaller project (STCA). Number 43 is measured at 1208m2 and number 45 slight larger at 1267m2 (approx.). Currently both properties have small residential dwellings on them, along with garages and sheds. A remarkably sought after opportunity, and so close to town!