10 May Road, Lalor, VIC 3075 | Commercial for sale | OnTheHouse
FOR SALE
Sale Price Unavailable

10 May Road
Lalor VIC 3075

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 326m2
Land area: 236m2
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FOR SALE AND FOR LEASE GROUND FLOOR - Fully Renovated Double Storey Commercial Opportunity – Heart of Lalor

Positioned in the heart of Lalor’s thriving shopping precinct, this fully renovated double Stories office/retail building presents an exceptional opportunity for investors or owner-occupiers, offering the added benefit of two separate income streams.
Set on 236sqm (approx.) of land with a total building area of approximately 326,5sqm, the property is thoughtfully configured to accommodate multiple tenancies or dual occupancy use.
Key Features:
2 levels, get the income around $65,000/ year, 3% increase each years
Dual-income commercial property
Land size: 236sqm (approx.)
Building area: 326,5sqm (approx.)
Fully renovated double stories office / retail building
Six (6) individual offices plus kitchen area
Reception / foyer
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Property Details for 10 May Rd, Lalor

Building Type
Commercial
Floor Size
326m2
Land Size
236m2
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About Lalor 3075

The size of Lalor is approximately 9.3 square kilometres. There are 27 parks, covering nearly 11.6% of the total area. The population of Lalor in 2016 was 22594 people. By 2021 the population was 23219 showing a population growth of 2.8% 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 professional occupation.In 2021, 69.50% of the homes in Lalor were owner-occupied compared with 70.60% in 2016.

Lalor has 10,082 properties. Over the last 5 years, Houses in Lalor have seen a 14.44% increase in median value, while Units have seen a 25.75% increase. As at 30 April 2026:

  • The median value for Houses in Lalor is $797,771 while the median value for Units is $564,328.
  • Houses have a median rent of $540 while Units have a median rent of $490.
There are currently 53 properties listed for sale, and 25 properties listed for rent in Lalor on OnTheHouse. According to Cotality's data, 407 properties were sold in the past 12 months in Lalor.

Suburb Insights for Lalor 3075

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Jessica (Cuc) Nguyen
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Minh Tran
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White Knight Estate Agents St Albans
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.