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. With the tenant responsible for 100% of outgoings,...
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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. With the tenant responsible for 100% of outgoings, 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.

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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.