SOLD
Sold on 02 Jul 2024 for $540,000

28 Rochdale Square
Lalor VIC 3075

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 153m2
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Property Details for 28 Rochdale Sq, Lalor

Building Type
Commercial
Land Size
153m2
Local Government
Whittlesea
Lot/Plan
14/LP50346

Last Listing description (August 2024)

Presenting an exceptional retail space for sale, Create Real Estate is delighted to introduce this superb commercial property situated within Rochdale Square. Nestled amidst a vibrant array of local businesses, including a law firm, bakery, tax agent office, medical center, and more, this location offers unparalleled visibility and accessibility.

Encompassing a generous land area of 153 square meters, the property has undergone recent top-tier renovations, resulting in a space that boasts premium amenities and facilities. Positioned amidst a residential community, with nearby early learning centers and schools, the property is merely a 4-minute stroll from Lalor train station, and conveniently served by multiple bus routes.

This adaptable retail, shop, or office space falls under the Commercial 1 Zone (C1Z), affording remarkable versatility for various business endeavors such as grocery stores, office setups, and beyond. The unit presents itself as an open canvas, allowing seamless customization to cater to your specific requirements. A comprehensive range of amenities caters to both your team and clientele, further complemented by ample on-street parking options.

Key Features:

Approximately 153 square meters Total Land Size
Convenient accessibility via Lalor Station and numerous bus lines
Abundant parking space
Generous street frontage, ensuring exceptional exposure to passing traffic
Rear access for convenient deliveries and truck accessibility
Equipped with a well-appointed kitchenette
Dual toilet and basin facilities
Automated roller shutter for added security
Zoned as Commercial 1 (C1Z)
Three-phase power infrastructure
Suitable for Office/Hospitality/Retail Use

The time to seize this outstanding opportunity is now. Contact Brenda Ngan (0435 152 545) or Lilian Dinh at (0450 805 714) to gather further information or schedule an inspection. Your next business venture starts here!

Property History for 28 Rochdale Sq, Lalor, VIC 3075

A timeline of how this property has performed in the market
Last Sold
$540,000
02 Jul 2024
Listed for Rent
$25k/w
18 Aug 2023
  • 02 Jul 2024
    Sold for $540,000
  • 20 Jun 2024
    Listed for Sale $550,000 to $600,000
  • 14 Mar 2024
    Listed for Sale $550,000 to $600,000
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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 9,961 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, 387 properties were sold in the past 12 months in Lalor.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.