FOR SALE
Under Contract

292 Payneham Road
Payneham SA 5070

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 170m2
Land area: 911m2
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Occupy Now, Develop Later

LJ Hooker Commercial Adelaide is proud to present to the market for sale, 292 Payneham Road, Payneham for sale.
An exceptional opportunity to acquire this prime corner property, situated on the corner of Payneham Road and Sewell Avenue. The site is currently improved with a character Tudor, which was formerly used as commercial offices. The building offers a reception, multiple offices, amenities and kitchen facilities. Externally there is on-site parking for up to 10 cars*.
Zoned Housing Diversity Neighbourhood, the property affords an exciting development opportunity. Development Approval has been sought to take advantage of this prime corner allotment for an exceptional mixed use development providing a commercial tenancy to the ground floor, and 8 residential apartments to the upper two floors and 19 on-site car parks.
Key Selling Points:
Land area 911 sqm*
Net Lettable Area 170 sqm*
Prime corner position
Development Approved plans available on request
Signage and branding opportunity
On-site parking for up to 6 cars*
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Property Details for 292 Payneham Rd, Payneham

Building Type
Commercial
Floor Size
170m2
Land Size
911m2

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About Payneham 5070

The size of Payneham is approximately 0.8 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Payneham in 2011 was 2,220 people. By 2016 the population was 2,280 showing a population growth of 2.7% in the area during that time. The predominant age group in Payneham is 20-29 years. Households in Payneham are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Payneham work in a professional occupation. In 2011, 57.7% of the homes in Payneham were owner-occupied compared with 53.3% in 2016.

Payneham has 1,294 properties. Over the last 5 years, Houses in Payneham have seen a 67.58% increase in median value, while Units have seen a 67.46% increase. As at 30 September 2024:

  • The median value for Houses in Payneham is $1,174,646 while the median value for Units is $522,169.
  • Houses have a median rent of $600 while Units have a median rent of $480.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Payneham on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Payneham.

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Mario Bonomi
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Julian Rullo
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LJ Hooker Commercial Adelaide
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