24 Albert Hill Road
Lilydale, VIC 3140

Overview

24 Albert Hill Road, Lilydale

This property presents an exceptional development opportunity for builders and developers, featuring a large and flat land parcel of approximately 864 square meters. Situated in the versatile RGZ1 zone with a DDO7 overlay, this site offers significant potential for multi-dwelling townhouse development, subject to council approval.

The level terrain is ideal for new construction projects, making it a rare find in a street that is witnessing increasing quality developments. The area is attracting younger families and downsizers, enhancing the investment appeal and future growth prospects of this property.

Lilydale itself is a thriving suburb that has experienced remarkable growth recently and continues to expand. Located about 40 kilometers from Melbourne's central business district, it offers excellent lifestyle benefits including proximity to essential amenities, outdoor recreational facilities, and the renowned gourmet offerings of the nearby Yarra Valley.

This premium development site is conveniently located within walking distance to Lilydale Train Station, vibrant shopping strips, and cafes. It also provides access to quality primary and secondary schools, as well as easy connectivity to Eastlink, Ringwood, and the Melbourne city center within an hour's commute.

For developers seeking a prime allotment in the eastern suburbs with strong future potential, this property represents a unique opportunity to capitalize on the area's ongoing growth and demand for quality housing. The combination of location, land size, and zoning makes it an attractive proposition for a new townhouse development project.

Location