SOLD
RECENT ADVICE
Sold on 04 Dec 2024 - Price Unavailable

43A West Terrace
Strathalbyn SA 5255

Bedrooms: -
Bathrooms: -
Car spaces: 10
Land area: 2264m2
Sold By
Raine & Horne Strathalbyn RLA 316138
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Property Details for 43a West Tce, Strathalbyn

Building Type
Land
Land Size
2264m2
Local Government
Alexandrina
Lot/Plan
A34/F32508

Last Listing description (December 2024)

Property highlights:

- Suit Developers, Owner Occupiers and Investors
- A piece of Automotive history

- Rectangular 2264m2 perfectly flat site in the heart of Strathalbyn's shopping precinct
- Dual tenancy opportunity with holding income
- Currently utilised as a mechanical workshop with separate show room
- 145m2 show room
- 460m2 workshop
- Large balance of land ripe for further improvements (subject to necessary consents)
- Fantastic high visibility location just minutes' walk from the main street
- Potential for alternative commercial or residential ventures (subject to necessary consents)
- Zoned- Established Neighbourhood
- Land use- 2180 - Motor Vehicles and Accessories

*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.

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 43a West Tce, Strathalbyn, SA 5255

A timeline of how this property has performed in the market
Last Sold
04 Dec 2024
  • 04 Dec 2024
    Sold
  • 08 Nov 2024
    Listed for Sale Price Guide - $850,000 - $900,000
  • 30 Oct 2023
    Listed for Sale SOLD BY NICK GROSVENOR
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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 30 properties listed for sale, and 2 properties listed for rent in Strathalbyn on OnTheHouse. According to CoreLogic's data, 273 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.