16 Commercial RoadLalor Park NSW 2147
Property Details for 16 Commercial Rd, Lalor Park
Last Listing description (December 2014)
SOLD BY NICHOLAS HARKINS in 10 DAYS!
+ Shopping Precinct Location
+ Rare Freehold Retail Shop
+ BLEP 2013 Height Limit: 12m
+ Rear Laneway Access
+ Dual Internal Amenities
+ Occupy or Invest
+ Approx 104 sqm Internally
+ Approx 234 sqm Land
Situated within the tightly held Lalor Park Shopping Centre and adjacent to Lalor Park Library and Lalor Park Public School, this property represents the ideal opportunity for both occupiers & investors.
Make use of the abundant customer parking and constant passing trade attracted both by the surrounding facilities and neighbouring businesses such as Lalor Park IGA.
Take advantage of the upcoming re-zoning under BLEP 2013 which will see the zoning change to B2 Local Centre with a 12m height limit!
The premises are currently occupied by a long term tenant on a month-to-month lease allowing maximum flexibility to purchasers, whether occupiers or investors.
Call Raine & Horne Commercial Hills/Blacktown today for your inspection.
Council Rates: $327/qtr
Water Rates: $176.61/qtr
Property History for 16 Commercial Rd, Lalor Park, NSW 2147
- 21 Feb 2024Sold for $896,500
- 24 Oct 2014Sold for $335,000
- 01 Oct 2014Listed for Sale OFFERS OVER $335,000 + GST (IF APPLICABLE)
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About Lalor Park 2147
The size of Lalor Park is approximately 2.7 square kilometres. It has 19 parks covering nearly 13.3% of total area. The population of Lalor Park in 2011 was 6,981 people. By 2016 the population was 7,666 showing a population growth of 9.8% in the area during that time. The predominant age group in Lalor Park is 30-39 years. Households in Lalor Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lalor Park work in a trades occupation. In 2011, 61.7% of the homes in Lalor Park were owner-occupied compared with 55% in 2016.
Lalor Park has 3,168 properties. Over the last 5 years, Houses in Lalor Park have seen a 65.38% increase in median value, while Units have seen a 24.11% increase. As at 30 September 2024:
- The median value for Houses in Lalor Park is $1,059,111 while the median value for Units is $752,885.
- Houses have a median rent of $550 while Units have a median rent of $450.
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