14 Lorne Street Lalor, VIC 3075

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

To view our Privacy Policy and Collection Notice, visit: raywhite.com/franchisee-privacy-policy

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.