284 Station Street, Lalor, VIC 3075 | Property Value & History | OnTheHouse
OFF MARKET

284 Station Street
Lalor VIC 3075

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 256m2
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Property Details for 284 Station St, Lalor

Building Type
Commercial
Land Size
256m2
Local Government
Whittlesea
Lot/Plan
23/LP40751

Last Listing description (September 2021)

CBRE Victorian Health, Aged & Child Care are delighted to present for sale a significant healthcare investment opportunity. 100% leased to MIA Victoria Pty Ltd subsidiary of I-Med Radiology.

MIA Radiology has 60 clinics across Melbourne and have been established for 60 years.

This freestanding medical investment offers an outstanding opportunity with future development potential (STCA) and presents to purchasers a fantastic opportunity in a tightly held location.

The difficulty in acquiring properties with such a strong lease covenant is not to be underestimated, not to mention the fact the property boasts the following key features:

- Freestanding medical investment
- 5 year lease + options to 2024
- Returning $114,297pa* + outgoings + GST
- Directly opposite pedestrian crossing
- Located immediately in the Station Street retail precinct
- Total combined street frontage of 45m* onto Station Street and Messmate Street
- Highly specialised and capital intensive fitout adding to tenure security

For Sale via Public Auction on Wednesday 11th October at 12:30pm

*approx.

Josh Twelftree
+61 452 524 985

Sandro Peluso
+61 418 389 757

Kinson Wong
+61 450 712 341

Property History for 284 Station St, Lalor, VIC 3075

A timeline of how this property has performed in the market
Last Sold
$2,110,000
11 Oct 2017
  • 02 Sep 2021
    Listed for Sale SOLD - $2,110,000
  • 27 Jul 2018
    Listed for Sale Contact Agent
  • 11 Oct 2017
    Sold for $2,110,000
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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 10,087 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 47 properties listed for sale, and 34 properties listed for rent in Lalor on OnTheHouse. According to Cotality's data, 422 properties were sold in the past 12 months in Lalor.

Suburb Insights for Lalor 3075

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Cotality Copyright and Legal Disclaimers about Property Data
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.