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Sold on 13 Sep 2024 - Price Unavailable

24 High Street
Strathalbyn SA 5255

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 227m2
Land area: 598m2
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Property Details for 24 High St, Strathalbyn

Building Type
Commercial
Floor Size
227m2
Land Size
598m2
Local Government
Alexandrina
Lot/Plan
A323/F161886

Last Listing description (September 2024)

Raine & Horne Strathalbyn are delighted to offer 24 High Street, Strathalbyn to the market For Sale by private treaty.

24 High Street, Strathalbyn represents a rare opportunity to acquire a prime 598m2 site with quality improvements in a highly sought-after location. The iconic building has a commanding presence on Historic High Street is positioned amongst some of the townships most attractive properties. This is your opportunity to secure a sound commercial investment in a growing township.

Property highlights:

• Generous 598m2* near flat site in the heart of Strathalbyn's shopping & tourist precinct
• Unique access to the rear of the property via a convenient lane
• Currently tenanted with a fixed term lease until 2028
• 227m2* of floor space encompassing original stone building (circa 1890) and a 1996 extension
• Versatile open floor plan with inviting natural light
• Alfresco dining at the front and rear of the property
• One of the townships most attractive commercial sites
• Fantastic high visibility location on Strathalbyn's most iconic street
• Zoned- Township Main Street

*Strathalbyn is located around 55km from the Adelaide CBD, 35km from the South Coast and a mere 45km from the Rural city of Murray Bridge.

The current population for Strathalbyn is 6,447 and is forecast to grow to 8,356 by 2041. Of the employed people in Strathalbyn (SA), the most common responses for industry of employment included Aged Care Residential Services 4.2%, Supermarket and Grocery Stores 3.4%, Hospitals (3.0%, Other Social Assistance Services 2.5% and Cafes and Restaurants 2.5%).
The vibrant township is certainly a town on the move with significant investment coming from various retail, industry, educational and medical entities. The residential development sector is just as strong with some 208 dwellings being built in the township in the last 12 months (No.5 ranking for townships through South Australia- source The Advertiser). A further 1000 residential allotments are forecast to be created over the next 10 years
Recently the township has undertaken a $7.7m revitalisation project which has bolstered the already strong appeal of Strathalbyn.
Strathalbyn has long been regarded as the business hub for surrounding towns and is the gateway to the Fleurieu Peninsula, all roads lead to one of South Australia's prettiest towns, Strathalbyn.
*Approximate*

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 24 High St, Strathalbyn, SA 5255

A timeline of how this property has performed in the market
Last Sold
13 Sep 2024
  • 13 Sep 2024
    Sold
  • 11 Sep 2024
    Listed for Sale SOLD BY NICK GROSVENOR
  • 25 Mar 2024
    Listed for Sale $680,000 - $750,000
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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, 313 properties were sold in the past 12 months in Strathalbyn.

Suburb Insights for Strathalbyn 5255

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Contact agent
Nick Grosvenor
Show contact details
Raine & Horne Strathalbyn | Rural SA (RLA 316138)
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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.