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2 Cyprus St 1,851 SF Office Building Lalor, VIC 3075 For Sale
Investment Highlights
- Prominent corner lot within a major retail and service hub.
- Close proximity to national retailers and allied health services such as Coles and Chemist Warehouse.
- On-site parking complemented by additional public car spaces adjacent to the property.
- Zoned Residential Growth Zone, allowing for diverse redevelopment options (STCA).
- Immediate access to public transportation with bus stops within 200 meters and Lalor train station nearby.
- Situated in a high-traffic location with strong local demand for medical and consulting services.
Executive Summary
This freehold medical property occupies a prominent corner position within Lalor's thriving retail and service precinct. The 664 m² site offers both immediate utility and long-term development flexibility (subject to council approval). Situated in a designated Residential Growth Zone, the asset presents opportunities for medical, allied health, or alternative commercial operations alongside prospects for future redevelopment.
The property benefits from strong exposure to consistent local traffic and proximity to key amenities including Coles, Chemist Warehouse, and the Lalor Library. It is also serviced by nearby train and bus routes, ensuring ease of access. On-site parking accommodates four vehicles and is complemented by adjacent ample public parking.
Located within one of Melbourne's established growth corridors, this asset represents a compelling acquisition for owner-occupiers, investors, or developers seeking to capitalize on a tightly held, well-connected position in Lalor. Auction scheduled for May 20, 2026 at 12:30 pm, on site.
The property benefits from strong exposure to consistent local traffic and proximity to key amenities including Coles, Chemist Warehouse, and the Lalor Library. It is also serviced by nearby train and bus routes, ensuring ease of access. On-site parking accommodates four vehicles and is complemented by adjacent ample public parking.
Located within one of Melbourne's established growth corridors, this asset represents a compelling acquisition for owner-occupiers, investors, or developers seeking to capitalize on a tightly held, well-connected position in Lalor. Auction scheduled for May 20, 2026 at 12:30 pm, on site.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Auction Sale
Property Type
Office
Property Subtype
Medical
Building Size
1,851 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,851 SF
Building FAR
0.27
Lot Size
0.16 AC
Parking
4 Spaces (2.16 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Signage
- Air Conditioning
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2 Cyprus St
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