47 Old Gippsland Road, Lilydale VIC 3140

Perfectly perched high up on one of the most connected locations this area can offer, within walking distance to Lilydale Lake and with easy access to Swansea Road and Main Street Lilydale, this sprawling and traditional block brings with it a multitude of opportunities.

Currently earning a solid rental income, the property is occupied by a spacious single level residence featuring beautiful parquetry flooring, multiple living zones, 4 bedrooms, 3 with robes
plus a study/sunroom, 2 bathrooms, master bedroom with semi-ensuite and an updated kitchen with upright stainless steel gas cooktop and oven, walk-in pantry and dishwasher.

A huge backyard has 2 outdoor entertaining areas, a built-in barbecue, decking, an enclosed in-ground pool with spa, plus garden shed and single garage.

With plenty of scope for a modern renovation or complete re-development into a multi-dwelling site (STCA), ducted heating and split-system air-conditioning are bonuses in a property of much potential in an incredible position.

Close to central Lilydale shopping, cafes, restaurants and public transport options, with proximity to Lilydale High School and Mt Lilydale Mercy College, Maroondah Highway, Eastlink and the spectacular Yarra Valley, this is a property of current and future potential.