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Investment Highlights

  • Substantial 10,520 m² (2.6-acre) landholding zoned Commercial 1.
  • Gateway location to the Yarra Valley, attracting strong tourist and local trade.
  • Positioned at the intersection of Maroondah Highway and Killara Road with high traffic exposure.
  • Surrounded by residential growth, including a new 67-lot subdivision and 700 existing homes.

Executive Summary

670-672 Maroondah Highway presents an unparalleled opportunity to secure a landmark site in the heart of Coldstream Township, strategically positioned at the gateway to the Yarra Valley. Spanning approximately 10,520 m² (2.6 acres) and zoned Commercial 1, this property offers exceptional flexibility for large-scale development, including retail, mixed-use, or community-focused projects (STCA).
Currently home to a thriving tenant mix anchored by Foodworks, the property provides immediate income security while offering significant long-term growth potential. Its prime location at the intersection of Maroondah Highway and Killara Road ensures maximum exposure to the region’s highest traffic volumes, capturing both local trade and tourist flow to destinations such as Mount Buller, Lake Eildon, and the Yarra Valley wine region.
Surrounded by a growing residential catchment, including a new 67-lot subdivision and an established community of approximately 700 homes, this site is ideally positioned to meet increasing demand for retail and lifestyle services. Located just 5 km from Lilydale’s CBD and 18 km from Healesville, this property represents a rare chance to create a transformative development in one of Victoria’s most scenic and high-growth corridors.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,005 SF
Building Class
B
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
2.60 AC

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Signage
  • Air Conditioning
  • Listing ID: 39983029

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 670 Maroondah Hwy, Coldstream, VIC 3770

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