Located in the sought after development precinct of Anderson Street in the heart of Lilydale, we have two adjoining properties that have a total land area of 1510m2. This is an ideal area on which to build eight superb townhouses just 200m to supermarket, medical centre and all main street shopping. One of the homes is an extremely well presented three bedroom brick veneer and the other is a two bedroom older weatherboard that is currently let at $180pw. Both homes could be comfortably let at approximately $500pw income as you complete the procedures for subdivision. This is a rare opportunity so close to town to create a very special development.