FOR SALE
$550,000

10 Rochdale Square
Lalor VIC 3075

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 159m2
Land area: 159m2
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Secure Retail Investment

This prime positioned commercially zoned property in Rochdale Square provides a terrific opportunity for investment, with a secured lease and quality tenants. Also giving you the opportunity to create an alternative multi-level residential and commercial development (STCA).
Situated with front access to the local park. Only minutes walk to all of Lalor’s major amenities which include Lalor Train Station, Station Street shops and local sporting clubs (tennis, cricket, football, and bowling).
Zoning: Commercial 1 Zone (C1Z)
Total Land Area: 159m²
If you would like more information, please contact Bedri on 0408 350 458

Property Details for 10 Rochdale Sq, Lalor

Building Type
Commercial
Floor Size
159m2
Land Size
159m2

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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 9,965 properties. Over the last 5 years, Houses in Lalor have seen a 15.61% increase in median value, while Units have seen a 20.23% increase. As at 31 October 2024:

  • The median value for Houses in Lalor is $688,714 while the median value for Units is $505,266.
  • Houses have a median rent of $510 while Units have a median rent of $460.
There are currently 62 properties listed for sale, and 34 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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Bedri Aslani
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Abi Real Estate Pty Ltd
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