379 High Street, Lalor, VIC 3075

Retail

For Sale Private Sale - Contact Agent

  • Property ID: 439060
  • Floor Area: 609m²
  • Land Area: 609m²
  • Occupancy: Vacant
INVESTORS TAKE NOTE!!! Property with potential [STCA] CORNER BLOCK [ 609 sqm approx.] with Retail space and 2 bedroom unit!

AUCTION 11am Wednesday 20/12/23 [MAYBE SOLD BEFORE ]

Love & Co are pleased to present 379 High Street Lalor, a property on a corner allotment and generating good income whilst providing excellent future potential.

The property is complimented by a range of features including:
• Land 609m2 approx.
• Residential Growth Zone-schedule 1.
• Securely tenanted on 2-year lease expires15/2/2025
• 160 sqm Retail space Plus 3-bedroom rear unit.
• Close to Transport
• High Visibility & excellent passing traffic.

Currently Leased on following terms & conditions.
Lease commencement: 15/2/2021
Lease Term. Two [2] Years
Further Terms: One [1] x 2 Years
Current Rental: $52,800.00 pa
Rent Increases: CPI pa

Contact Agent:
Anwar Kattan 0431 169 844

Lalor Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $66 ---
Offices --- $100 ---
Retail $5209 $393 7.55%
This is the average advertised price, rent and yield for Lalor, VIC 3075*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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