20 Nicholas Street, Lilydale VIC 3140

Set in the heart of Lilydale at the quiet court end of Nicholas Street, this rare offering spans approximately 760 square metres and presents an exceptional opportunity for developers, investors or those looking to start anew. With a wide frontage of 17.1 metres, the site lends itself perfectly to a range of possibilities. Whether you're considering a multi-townhouse development , a complete rebuild of your dream family home or a strategic long-term investment, the potential here is unmatched. The existing dwelling is uninhabitable and primed for demolition, clearing the path for your vision to come to life. The generous land size, combined with the sought-after quiet court positioning, offers both privacy and strong development appeal in one of the eastern corridor's fastest-growing hubs. Property also comes with expired plans for 7 Townhouses. Location: The location is simply unbeatable. Walking distance to both Lilydale Marketplace and Lilydale Village ensures that shopping, dining and everyday conveniences are just moments from your doorstep. Commuting is effortless with Lilydale Station within easy reach, and families will appreciate the close proximity to Lilydale Secondary College. Outdoor enthusiasts will love the access to the picturesque Lilydale Lake and the surrounding trails and parklands. Within a 5-kilometre radius, you'll also find Mount Lilydale Mercy College, Lilydale High School, Victoria Road Primary School and multiple early learning centres. The area is well-serviced by local buses, and the surrounding greenery makes this location as peaceful as it is practical. Features: • Generous land size of approximately 760 sqm • Wide street frontage measuring 17.1 metres • End-of-court location offering privacy • Previously approved plans for 7 townhouses • Zoned for high-growth redevelopment potential • Walking distance to Lilydale Marketplace and Village • Close to Lilydale Station and public transport • Near Lilydale Secondary College and Mount Lilydale Mercy College • Moments from Lilydale Lake and surrounding parklands • Existing house is uninhabitable and ready for demolition • Ideal site for developers, investors or custom rebuild • Flat, accessible block with minimal site constraints • Strong rental demand and resale potential in the area