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10 May Road
Lalor VIC 3075

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 88m2
Land area: 236m2
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Modern Office & Retail Store Centrally Located in busy shopping precinct

Great office building with a lot of natural light this property offers the package.
Set in a vibrant shopping precinct, is this fully renovated office/ retail building set on 236sqm of land and 88 sqm approx of modern building.
Includes:
• Land 236 sqm
• 88 sqm office space
• Rear Lane way access to carport.
• Reception / Foyer
• 2 split system heating / cooling
• Kitchen / lunch room facilities
• Storage space
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Property Details for 10 May Rd, Lalor

Building Type
Commercial
Floor Size
88m2
Land Size
236m2

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About Lalor 3075

The size of Lalor is approximately 9.3 square kilometres. It has 27 parks covering nearly 11.6% of total area. The population of Lalor in 2011 was 19,873 people. By 2016 the population was 22,612 showing a population growth of 13.8% in the area during that time. The predominant age group in Lalor is 30-39 years. Households in Lalor are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lalor work in a trades occupation. In 2011, 73.6% of the homes in Lalor were owner-occupied compared with 70.6% in 2016.

Lalor has 9,935 properties. Over the last 5 years, Houses in Lalor have seen a 21.03% increase in median value, while Units have seen a 24.33% increase. As at 31 August 2024:

  • The median value for Houses in Lalor is $686,850 while the median value for Units is $503,304.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 57 properties listed for sale, and 26 properties listed for rent in Lalor on OnTheHouse. According to CoreLogic's data, 378 properties were sold in the past 12 months in Lalor.

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Frank Romeo
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Harcourts Glenroy
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