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28 May Road Lalor, VIC 3075

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28 May Road,
Lalor, VIC 3075

Shops & Retail

Key property information

Land area

Floor area

Tenure type

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Map of 28 May Road

Directions

INVESTORS TAKE NOTE!!! One For The Super Fund

AUCTION at 11am on Thursday 24/10/24 [unless sold before]

Land :116m2 (approx.)
Retail Space 116m2 (approx.)

The property is complimented by a range of features including:
* Strong established tenant on 3-year lease [commenced 01/08/23]
* Further Terms 1x 3 Years
* Current Rental $34,176.16 + Outgoings + GST
* 3% Annual rent increases
* Market review 31/07/26
* Well-Established Dry-Cleaning Tenancy

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

Additional information

Lalor, 3075 demographic data

The median household income for Lalor is $1,348, 29% lower than Greater Melbourne's household income of $1,901. Lalor has a similar age profile compared to the rest of Greater Melbourne (median age 37). Property ownership data shows 43% of property owners in Lalor have a mortgage.

23,219
Population
$1,348 per week
Median household income
37 years
Median age
Owners
Most residents
Families
Most households
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28 May Road
Lalor, VIC 3075

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