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

Property Info

Municipality
Lilydale
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