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7 Dawson Street, Strathalbyn SA 5255

Expressions Of Interest Close Friday, 13 Nov 26

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$1.4M - $1.5M Medium Confidence Calculated based on our search observations.

House 5 Beds 2 Baths 4 Cars 700 m² 431 m²

Listed: 3 hours ago

Overview

Situated in the heart of Strathalbyn, this historic sandstone landmark property presents a unique investment opportunity distinguished by its heritage significance and versatile mixed-use design. Set on an expansive 700 square metre corner allotment, the building commands dual street frontage and exceptional visibility directly opposite Woolworths, ensuring sustained foot traffic and community engagement.

Recognised as a State Heritage Place, the property's notable architectural elements—such as high ceilings, exposed timber beams, and ample natural light through large windows—reflect craftsmanship from an earlier era, giving it enduring character and prestige. The building’s approximately 431 square metres of space spans two levels, thoughtfully combining commercial use on the ground floor with residential accommodation above. This layout enhances its functional appeal, accommodating diverse tenant needs.

Currently fully leased to a blue-chip tenant, Westpac Banking Corporation (trading as BankSA), with a secure lease extending to May 2028 plus an option for an additional three years, this asset offers immediate, reliable income backed by a reputable ASX-listed entity. Its prime location and landmark status position it as a trophy asset within the local real estate market.

Heritage-listed building offering timeless architectural quality
Substantial mixed-use space facilitating commercial and residential functions
Expansive corner site with strong exposure in a central township location
Secure tenancy with a long-term, blue-chip tenant ensuring income stability

This property will likely attract investors seeking a prestigious, stable asset with historical significance and a strong income profile in a thriving regional community.

Local Market Insights

In Strathalbyn, Quiet Listings observed 12 new houses entering the market over the last 30 days, down from 13 during the previous 30-day period, with an average advertised asking price of $1,088,667. The property type mix of listed properties is predominantly Houses at 76%, followed by units (12%), and land (12%). The most active agency for houses in the Strathalbyn area is currently Raine & Horne, representing 58% of new listings, followed by Ray White with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.