Expression of Interest
42-44 Castella Street, Lilydale, VIC 3140
Rare Investment Opportunity – Lilydale
Circa 1890 Iconic Church Conversion
For the first time in over two decades, this magnificent circa-1890 heritage church is offered to the market. Masterfully repurposed, the property now accommodates a thriving restaurant/café under a secure long-term lease, complemented by a separately tenanted residential apartment with independent access.
Retaining its original timber floors, exquisite stained-glass windows and soaring cathedral ceilings, this iconic landmark sits on a substantial 2,022 m² (in two lots) Commercial 1 Zoned allotment with rare dual frontage to Castella Street and Church Street.
Key Investment Highlights
• Historic circa-1890 landmark building in the heart of Lilydale
• Expansive 2,022 m² landholding with dual street frontage
• Commercial 1 Zoning
• Long-term lease to high-performing café/restaurant
• Additional income from separately leased residential apartment
• Generous on-site parking and large outdoor trading area
A truly rare offering combining heritage prestige, strong rental returns and future value-add potential in one of Melbourne’s fastest-growing corridors.
Expressions of Interest invited.
Contact agent for further details
For the first time in over two decades, this magnificent circa-1890 heritage church is offered to the market. Masterfully repurposed, the property now accommodates a thriving restaurant/café under a secure long-term lease, complemented by a separately tenanted residential apartment with independent access.
Retaining its original timber floors, exquisite stained-glass windows and soaring cathedral ceilings, this iconic landmark sits on a substantial 2,022 m² (in two lots) Commercial 1 Zoned allotment with rare dual frontage to Castella Street and Church Street.
Key Investment Highlights
• Historic circa-1890 landmark building in the heart of Lilydale
• Expansive 2,022 m² landholding with dual street frontage
• Commercial 1 Zoning
• Long-term lease to high-performing café/restaurant
• Additional income from separately leased residential apartment
• Generous on-site parking and large outdoor trading area
A truly rare offering combining heritage prestige, strong rental returns and future value-add potential in one of Melbourne’s fastest-growing corridors.
Expressions of Interest invited.
Contact agent for further details
Property Info
Municipality
Lilydale
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