SOLD
RECENT ADVICE
Sold on 08 Jul 2024 for $585,000

24 West Terrace
Strathalbyn SA 5255

Bedrooms: 7
Bathrooms: 1
Car spaces: -
Land area: 1005m2
Sold By
Harris Real Estate Stirling
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Property Details for 24 West Tce, Strathalbyn

Building Type
Commercial
Land Size
1005m2
Local Government
Alexandrina
Lot/Plan
A13/F7717

Last Listing description (November 2024)

The 'Drs Surgery' has served as a trusted destination for many for over four decades. Now, there's a chance for you to establish your own preferred spot.

Currently leased until mid-2025 with an excellent return, this property comprises a variety of consulting rooms, medical facilities, and offices of different sizes and configurations, making it perfect for office space or remote work (subject to council consent).

The existing fit-out provides professionals with a conducive work environment.

With its prominent location, the property offers great exposure for future endeavors, whether that involves conversion to a residential dwelling, flat-style living, or utilizing the sizable 1005m2 allotment for development (subject to council consent).

An exceptional opportunity presents itself to acquire the adjacent property and develop an appealing residential community (subject to council consent).

Strathalbyn is experiencing rapid growth, with its population expanding swiftly. There are numerous opportunities waiting to be seized, making full use of this site (or sites).

Invest in your future, enjoying the current rental income while strategizing your next move!

Specifications:
CT / 5094/672
Council / Alexandrina
Zoning / EN
Land / 1005m2 (approx)
Frontage / 14.29m
Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools / Eastern Fleurieu Strathalbyn R-6 Campus, Eastern Fleurieu Strathalbyn 7-12 Campus, Eastern Fleurieu R-12 School, Eastern Fleurieu Ashbourne Campus, Macclesfield P.S, Mount Barker H.S, Goolwa Secondary College, Mount Compass Area School

Disclaimer: 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 (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Property History for 24 West Tce, Strathalbyn, SA 5255

A timeline of how this property has performed in the market
Last Transferred
$585,000
08 Jul 2024
  • 07 Nov 2024
    Transferred
  • 08 Jul 2024
    Sold for $585,000
  • 30 May 2024
    Listed for Sale $585000
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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 4,375 properties. Over the last 5 years, Houses in Strathalbyn have seen a 87.34% increase in median value, while Units have seen a 97.87% increase. As at 30 November 2024:

  • The median value for Houses in Strathalbyn is $717,522 while the median value for Units is $504,202.
  • Houses have a median rent of $565 while Units have a median rent of $280.
There are currently 29 properties listed for sale, and 2 properties listed for rent in Strathalbyn on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Strathalbyn.

Suburb Insights for Strathalbyn 5255

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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.