Hudson Bond Commercial is pleased to present this opportunity to acquire a prominent commercial site adjoining Lalor shopping precinct, set on a rectangular 653sqm parcel.
Perfect for either any astute investor or developer to take advantage of this superb development potential for an ideal medical centre.
Take advantage of this neat, raw and scarce development opportunity in a prime location (STCA).
Features:
- Land: 653m2 (approx.)
- Vacant Possession
- Zone: Residential Growth Zone
- Prime for Development
- Perfect for Medical
Only metres from Station Street in Lalor and quick access to Lalor Train Station. Situated accross the road from supermarkets, restaurants and cafes including Coles, Woolworths, Aus Post and several others.
Please contact Hudson Bond Commercial for more information.
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 16.81% increase in median value, while Units have seen a 28.45% increase. As at 31 March 2026:
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