Development/Land | Industrial | Retail

Property ID: 438290

 

A golden opportunity in one of Strathalbyn's most prominent locations

43 West Terrace, Strathalbyn, SA 5255

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, a...

For Sale

Price Guide - $850,000 - $900,000

David Ente