296 Station StreetLalor VIC 3075
Property Details for 296 Station St, Lalor
Last Listing description (March 2026)
296 Station Street, Lalor presents an exceptional opportunity to acquire a secure, passive commercial investment with a long-standing tenant, strong net income, and a tightly held metropolitan location.
Located within Lalor's established activity centre, this standalone dual-level commercial building occupies a generous 520m² allotment and offers approximately 96.3 squares of internal space, including a front shop, storage, kitchen, toilets and ancillary areas. Fully leased under a single tenancy, the property will be sold with the lease in place and provides simplicity, stability, and immediate cash flow from day one returning a high rental yield of $257,748 (approx) per annum.
The asset features a long-term lease with a robust net income, automatic CPI rent reviews, and additional renewal options. This is a low-maintenance investment ideally suited to SMSF buyers, private investors, and portfolio holders seeking defensive income.
Positioned along the high-exposure Station Street commercial strip, the property benefits from:
• Walking distance to Lalor Train Station and excellent public transport access
• High daily passing traffic
• Surrounding retail, medical, and service businesses
• Strong residential catchment
• Easy access to High Street, Dalton Road, and major arterials
With ongoing population growth and infrastructure investment in Lalor, this property offers secure income today and strong long-term capital growth potential within Melbourne's northern corridor.
Information memorandum available on request. Guided inspections only – call or text Alex on 0457 588 736 to book.
PHOTO ID REQUIRED
Due diligence checklist - consumer.vic.gov.au/duediligencechecklist
Privacy Policy and Privacy Collection Notice - rataandco.com.au/privacy-policy
Material Facts - please refer to the contract of sale and vendor statement for material facts.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.
While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
Property History for 296 Station St, Lalor, VIC 3075
- 05 Mar 2026Sold for $3,000,000
- 23 Jan 2026Listed for Sale Not Disclosed
- 29 Sep 1977Sold for $305,000
Recent sales nearby
See more recent sales nearby/assets/perm/aj57om75yai63ijdqw4scfxhv4?signature=e294a44b105fbce8c125c14571faffb34a1726652eeca1b9e82dbbe4f09800b5){kind=logo}
0
/assets/perm/g3e2fbeanai6xmcuphk2ziayy4?signature=17b36eb6e5a37d37fae473a1aabc94ef4684669fc22ba71fdc1f2b862341d32d){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 10,079 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.
Suburb Insights for Lalor 3075
Market Insights
Lalor Trends for Houses
N/A
N/A
View TrendN/A
N/A
Lalor Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
