304 Main Rd W, St Albans, VIC 3021 | Commercial for sale | OnTheHouse
 
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304 Main Rd W
St Albans VIC 3021

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 168m2
Land area: 233m2
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Prime Investment – Long-Term TattsLotto Tenant – High-Yield Commercial Asset (C1Z)

An exceptional opportunity awaits at 304 Main Road East, St Albans—a high-performing commercial freehold positioned in one of the suburb’s busiest and most tightly held precincts. With a long-term TattsLotto/newsagency tenant in place and unbeatable exposure along a thriving retail strip, this property delivers secure income with outstanding future development potential.
Set on a generous 233m² land allotment (approx.) with dimensions of 6.1m x 38.2m, the site is zoned Commercial 1 Zone (C1Z), allowing for a wide range of commercial uses or a multi-level redevelopment (STCA).
Investment & Property Highlights:
Long-term, established TattsLotto/newsagency tenant – proven business with stable trade
High-yield return – strong rental income ideal for investors
Development Zone – Commercial 1 Zone (C1Z)
Supports retail, office, hospitality, medical, and mixed-use developments (STCA)
Land size: 233m² (approx.)
Dimensions: 6.1m frontage x 38.2m depth
Approx. 164m² of building area including open retail zone, kitchen, WC, and rear access
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Property Details for 304 Main Rd W, St Albans

Building Type
Commercial
Floor Size
168m2
Land Size
233m2
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About St Albans 3021

The size of St Albans is approximately 13.0 square kilometres. It has 36 parks covering nearly 8.4% of total area. The population of St Albans in 2016 was 37309 people. By 2021 the population was 38042 showing a population growth of 2.0% in the area during that time. The predominant age group in St Albans is 20-29 years. Households in St Albans are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Albans work in a labourer occupation.In 2021, 59.10% of the homes in St Albans were owner-occupied compared with 60.50% in 2016.

St Albans has 17,207 properties. Over the last 5 years, Houses in St Albans have seen a 19.69% increase in median value, while Units have seen a 23.82% increase. As at 30 November 2025:

  • The median value for Houses in St Albans is $731,875 while the median value for Units is $537,016.
  • Houses have a median rent of $480 while Units have a median rent of $440.
There are currently 101 properties listed for sale, and 47 properties listed for rent in St albans on OnTheHouse. According to Cotality's data, 759 properties were sold in the past 12 months in St albans.

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Minh Tran
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Eric Truong
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White Knight Estate Agents St Albans
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