23 May RoadLalor VIC 3075
Property Details for 23 May Rd, Lalor
Last Listing description (March 2026)
This exceptionally located 260m2 (approx.) freehold dwelling comes with a highly profitable retail store in operation.
Situated on May Road in the popular Lalor Shopping Centre, the store operates a grocery shop, fishmonger and butcher, providing a diverse, steady revenue.
Equipment (which is fairly new and in good condition) to practice current operations will also be included in the sale of the property.
Please contact Bedri on 0408 350 458 for more information or to arrange an inspection
Property History for 23 May Rd, Lalor, VIC 3075
- 26 Mar 2025Listed for Sale Contact Agent
- 01 Oct 2024Listed for Sale Contact Agent
- 25 Jan 2018Listed for Sale Not Disclosed
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0About 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.
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