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3 Peter Lalor Walk
Lalor VIC 3075

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 102m2
Land area: 102m2
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Established Deli Business for Sale: Prime Location!

Seize the opportunity to own Michael’s Deli, a well-established business in the heart of Lalor, Melbourne. This deli offers a diverse selection of Mediterranean products, including a unique array from Macedonia. Specializing in international imported items such as cheeses, olives, and small goods, Michael’s Deli is well-known for its quality and variety.
Key Features:
Location: Nestled in a bustling shopping complex directly opposite Coles, with heavy foot traffic and a strong customer base.
Premises: Spacious 102m² store.
Lease: Long-term secure lease for years. with affordable rent
Asking price of $400,000-$440,000
Operating Schedule: Open 6 days a week.
Ownership: Same owner for nearly 20 years, ensuring a stable and reputable business.
Profitability: Highly profitable and easy to run.
This is a rare chance to acquire a thriving deli with a fantastic reputation and loyal customers. Don’t miss out on this exceptional opportunity! For more details, contact us today.
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Property Details for 3 Peter Lalor Walk, Lalor

Building Type
Commercial
Floor Size
102m2
Land Size
102m2

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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 18.96% increase in median value, while Units have seen a 20.43% increase. As at 30 September 2024:

  • The median value for Houses in Lalor is $689,075 while the median value for Units is $500,001.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 59 properties listed for sale, and 28 properties listed for rent in Lalor on OnTheHouse. According to CoreLogic's data, 372 properties were sold in the past 12 months in Lalor.

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Eric Truong
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Minh Tran
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White Knight Estate Agents St Albans
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