15-19 May RoadLalor VIC 3075
Property Details for 15-19 May Rd, Lalor
Last Listing description (December 2007)
“Two Prime & Attractive Investments”
Shop 15 & 17-19 May Road, Lalor
Auctions: 27th September, 2007
15 May Road, Lalor at 1:30pm on site
Both shops are situated amongst one of the Northern suburbs busiest shopping Centres - Lalor Station Shopping Centre, with excellent exposure
Shop 17-19 May Road, Lalor (One Title)
- Land area 518.5m² (approx)
- Building area 445m² (approx)
- $59,076.00 p.a. (approx.) incl. G.S.T plus outgoings
- Tenant on periodic lease or vacant possession
- Development opportunity (STCA)
- Ample parking
- 60day settlement
15 May Road, Lalor
- Land size 263.5m² (approx)
- Building area 225m² (approx)
- $26,588.40 p.a. (approx) incl. G.S.T plus outgoings
- Well established tenant
- 3 x 3 year lease commenced 27th November 2005
- Annual CPI rent reviews
- Ample Parking
- 60day settlement
Contact Bedri Aslani on 0408 350 458
Property History for 15-19 May Rd, Lalor, VIC 3075
- 17 Dec 2014Sold for $850,000
- 22 Nov 2014Listed for Sale Not Disclosed
- 20 Dec 2007Sold for $672,500
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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 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 10,084 properties. Over the last 5 years, Houses in Lalor have seen a 17.08% increase in median value, while Units have seen a 32.02% increase. As at 28 February 2026:
- The median value for Houses in Lalor is $787,945 while the median value for Units is $562,367.
- Houses have a median rent of $525 while Units have a median rent of $480.
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