2-6 Bates RoadLara VIC 3212
Property Details for 2-6 Bates Rd, Lara
Last Listing description (September 2026)
Colliers is pleased to present 2-6 Bates Road, Lara For Sale.
Spanning a combined build area of 448m² across two self-contained factories, each with separate entries and dedicated secure parking, this corner-positioned asset boasts a land area of 1,133m2, and an impressive 62-metre street frontage and valuable Commercial 2 zoning.
Factory 1 is leased to the Salvation Army, a tenant of 18 years and one of the world's most trusted charitable institutions - delivering investors exceptional income security and peace of mind.
Factory 2 stands vacant and ready, offering savvy owner-occupiers the chance to move straight in, or investors the opportunity to add further value through leasing to a second tenant.
The property is ideally located directly opposite Lara Train Station and moments from the Princes Highway. It's also just a short walk to the Lara Shopping Centre, home to Coles, Woolworths, McDonald's and Bakers Delight.
Factory 1
- Build Area: 224m2*
- Leased to Salvation Army returning $38,381* per annum + GST + Outgoings
- 3-year lease commenced 1 February 2025
- Further 3-year option
- Annual CPI reviews
- 6 carparks
Factory 2
- Build Area: 224m2*
- 6 carparks
- Vacant possession
For more information or to arrange an inspection, please contact Colliers Agents:
Ned Tansey | 0492 892 101
Jonathon Lumsden | 0402 213 572
*Approx
Property History for 2-6 Bates Rd, Lara, VIC 3212
- 18 Sep 2026Sold
- 30 Jul 2026Listed for Sale Contact Agent
- 10 May 2002Sold for $150,000
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0About Lara 3212
The size of Lara is approximately 89.5 square kilometres. There are 45 parks, covering nearly 6.7% of the total area. The population of Lara in 2016 was 16355 people. By 2021 the population was 19014 showing a population growth of 16.3% in the area during that time. The predominant age group in Lara is 30-39 years. Households in Lara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lara work in a professional occupation.In 2021, 76.10% of the homes in Lara were owner-occupied compared with 75.10% in 2016.
Lara has 12,343 properties. Over the last 5 years, Houses in Lara have seen a 5.86% increase in median value, while Units have seen a 25.53% increase. As at 31 August 2026:
- The median value for Houses in Lara is $767,587 while the median value for Units is $549,284.
- Houses have a median rent of $590 while Units have a median rent of $500.
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