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14 Lorne Street,
Lalor 3075, Victoria

190m² land size
81m² building size
Retail

CONTACT AGENT

Property Price Statement

Property details

Squeaky Clean Investment

Introducing an investment opportunity at 14 Lorne Street, Lalor, perfectly positioned on a 193 m2 block within a Commercial 1 zone. This versatile property is currently leased to a laundromat, generating approximately $16,460 per annum, with the lease set to expire in May 2029. The lease includes optional further terms of 5 x 3 x 3 x 3 x 3 years, with a 2.5% rent increase on each renewal.

Boasting high street visibility, the property enjoys excellent exposure to passing traffic and is ideally located within close proximity to public transport, shopping centres, and schools, ensuring consistent footfall and convenience. 14 Lorne Street represents a rare combination of secure rental income and long-term capital growth potential. Whether you are an investor seeking a reliable cash-flowing asset or looking to capitalise on Lalor's thriving property market, this property offers an outstanding opportunity.





Important Information:

For details on property due diligence, please visit: consumer.vic.gov.au/duediligencechecklist

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Material Facts: Refer to the Contract of Sale and Vendor Statement for all disclosures.

While every effort has been made to ensure the accuracy of the information provided, Ray White Thomastown does not accept any liability for errors or omissions. Interested parties are advised to conduct their own investigations to confirm all details, including land size.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Inspections

Explore the area

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School catchments

  • Lalor Primary School Primary Prep-6 Government 0.38km
  • Lalor East Primary School Primary Prep-6 Government 0.68km
  • Thomastown East Primary School Primary Prep-6 Government 0.82km
  • St Luke's School Primary Prep-6 Catholic 0.84km
  • Lalor North Primary School Primary Prep-6 Government 1.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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