503 Maroondah Highway, Lilydale, Vic 3140

$950,000 - $1,045,000

Residential Land
Type
2.27 ha
Area

Published on Friday, June 26, 2026 ( See property details for 503 Maroondah Highway, Lilydale, Vic 3140)

$950,000 - $1,045,000

Aaron Zhao Director & Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare and versatile 2.2-hectare landholding in Lilydale's Green Wedge precinct, offering outstanding future development potential and sweeping rural views.

🏡 Property Highlights

  • Prominent Maroondah Highway frontage offering high visibility
  • Set across approximately 2.2 hectares of picturesque land
  • Located within Lilydale's sought-after Green Wedge precinct
  • Outstanding future potential (STCA) for development or landbanking
  • Sweeping views and established natural surrounds
  • Just minutes from Lilydale township, transport, and amenities

✨ Key Features

  • Green Wedge zoning with future potential (STCA)
  • Established natural surrounds
  • Prominent highway frontage
  • Exceptional lifestyle and landbanking opportunity
  • Minutes from township, schools, and shopping
  • Sweeping outlooks
  • Large landholding of approximately 2.2 hectares
  • Picturesque rural setting
  • Versatile land for future projects
  • Prime location in Lilydale

Lilydale is a vibrant township renowned for its scenic beauty, excellent transport links, and proximity to the Yarra Valley. The suburb offers a relaxed lifestyle with access to quality schools, shopping centres, and outdoor recreational activities. Its strategic location makes it ideal for both lifestyle living and future development, attracting investors and families alike. The Green Wedge precinct provides a peaceful rural environment while maintaining connectivity to Melbourne and regional attractions.

What are the future development possibilities for this land?
The property has Green Wedge zoning with future potential (STCA), allowing for various development or landbanking opportunities subject to council approval.
Is there any existing infrastructure on the land?
The property is primarily natural land with established surrounds; specific infrastructure details would need to be confirmed with the current owner or relevant authorities.
What are the zoning restrictions for this property?
The land is zoned Green Wedge, which typically restricts urban development but allows for rural, agricultural, and certain development activities subject to planning approval.
Are there any environmental or bushfire risks associated with this land?
Potential environmental or bushfire risks should be assessed through a detailed site assessment and local council guidelines before purchase.
What is the access to the property like?
The property benefits from prominent Maroondah Highway frontage, providing easy access to the site.
Are there any zoning restrictions or planning overlays that could limit future development or land use? Are there any easements, covenants, or restrictions on the land that could affect its use? Has a recent land survey been conducted to confirm boundaries and land size? Are there any known environmental issues or contamination on the site? What are the council requirements and approvals needed for future development? Is there any existing infrastructure such as water, power, or sewer connected or available? Are there any nearby construction or planning activities that could impact the property’s value or environment? What are the bushfire and flood risks associated with this land? Are there any strata or body corporate considerations for this landholding? What are the ongoing costs or rates associated with owning this land in the Green Wedge zone?

503 Maroondah Highway, Lilydale, Vic 3140 - More Details

$950,000 - $1,045,000

Type
Residential Land
Area
2.27 ha

Price guide

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