260-262 Maroondah Highway in Healesville is a rare central Healesville landholding being marketed for sale by Rorey James, Nic Hage and Kevin Tong of Stonebridge Property Group.

Spanning two titles on an approximately 1,250 sqm block, the property also features approximately 25 metres of retail frontage, on-title car parking for more than 20 vehicles and the convenience of rear access. With five separate tenancies, the property returns an annual income of $191,149 + GST + outgoings.

“Healesville Village opportunities of this scale rarely come to market, with underlying landholdings of 1,000sqm+ hard to find outside of the major hotels and supermarkets,” said Director, Rorey James.

The property is positioned in the heart of Healesville’s retail precinct and the area is a popular destination for visitors to the Yarra Valley.

“Given the strength of the precinct, substantial underlying land and ‘near new’ build, we expect interest from investors, together with long-term land bankers who recognise value in Yarra Valley real estate,” added Manager, Nic Hage.

Located about 50km north-east of the Melbourne CBD, Healesville has recorded substantial median house price growth of 56 per cent over the past five years.

“The Covid-19 pandemic is having a positive impact on regional/outer metro Melbourne commercial property values,” said Stonebridge Director, Kevin Tong.

260-262 Maroondah Highway, Healesville will be sold via an Expressions of Interest campaign. Please note, the close date will be announced following the easing of the current Victorian Government Covid-19 travel restrictions (if not sold prior).

For further information please contact:

Rorey James | +61 439 400 081 | RJames@stonebridge.com.au
Nic Hage | +61 448 782 594 | NHage@stonebridge.com.au
Kevin Tong | +61 422 848 818 | KTong@stonebridge.com.au