SOLD
Sold on 31 Oct 2023 for $1,080,000

22 South Terrace
Strathalbyn SA 5255

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 97m2
Land area: 846m2
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Property Details for 22 South Tce, Strathalbyn

22 South Tce, Strathalbyn is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 846m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Strathalbyn in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
97m2
Land Size
846m2
Local Government
Alexandrina
Lot/Plan
A2/F11758

Last Listing description (November 2023)

Unique and rare real estate opportunity to acquire two neighbouring Titles at 22-24 South Terrace in the heart of Strathalbyn township. Well-positioned on South Terrace, a prominent address for street appeal and high visibility, offering a range of possibilities for its future owner.

Situated in the historic township of Strathalbyn, with notable neighbouring landmarks such as the Railway Station Building, now occupied as the town's Information Centre and Art Gallery adjacent to the vacant parcel at 22 South Terrace.

The strategic location of the properties is highlighted by their proximity to various amenities and services. Directly opposite is the Woolworths shopping centre, while other general facilities, services, and amenities of the town are within walking distance, enhancing the convenience and liveability of the location.

Both properties are zoned as 'Township Main Street (TMS),' and interested parties are encouraged to refer to the South Australian Property & Planning Atlas (SAPPA) for information regarding the Planning & Design Code and relevant development policies for this address. This zoning suggests that the properties are well-suited for various development possibilities that align with the main street character and requirements.

The individual property details are as follows:

22 South Terrace: Certificate of Title - Volume 5485 Folio 206
Approx. 838sqm vacant, level allotment with 18m frontage and 46m depth.
Offering a clean slate for potential development while benefiting from its prominent street frontage.

24 South Terrace: Certificate of Title - Volume 5365 Folio 954
Approx. 838sqm allotment with same dimensions.
Features a 1920's cottage that has seen improvements over the years - with access to the rear boundary via dirt road (govt road) off Milnes Road, where garage and workshop shed are located.
Cottage is currently tenanted @ $315pw on a periodic lease.

Given the properties' prime location, history, and zoning make them attractive for various development options. For further information/ inspection times please contact Heaslip Team below;
Rob Heaslip 0439 995 760 | Ben Heaslip 0439 860 891

Disclaimer - Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects.

Property History for 22 South Tce, Strathalbyn, SA 5255

A timeline of how this property has performed in the market
Last Sold
$1,080,000
31 Oct 2023
  • 31 Oct 2023
    Sold for $1,080,000
  • 30 Aug 2023
    Listed for Sale Contact Agent
  • 19 Oct 2011
    Sold for $42,900
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About Strathalbyn 5255

The size of Strathalbyn is approximately 117 square kilometres. It has 26 parks covering nearly 1% of total area. The population of Strathalbyn in 2011 was 5,906 people. By 2016 the population was 6,511 showing a population growth of 10.2% in the area during that time. The predominant age group in Strathalbyn is 60-69 years. Households in Strathalbyn are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Strathalbyn work in a trades occupation. In 2011, 72.7% of the homes in Strathalbyn were owner-occupied compared with 73.2% in 2016.

Strathalbyn has 4,356 properties. Over the last 5 years, Houses in Strathalbyn have seen a 82.71% increase in median value, while Units have seen a 70.12% increase. As at 30 September 2024:

  • The median value for Houses in Strathalbyn is $687,768 while the median value for Units is $449,341.
  • Houses have a median rent of $555 while Units have a median rent of $280.
There are currently 31 properties listed for sale, and 5 properties listed for rent in Strathalbyn on OnTheHouse. According to CoreLogic's data, 314 properties were sold in the past 12 months in Strathalbyn.

Suburb Insights for Strathalbyn 5255

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South Coast Realty RLA 241454
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.