OFF MARKET

148 Payneham Road
Evandale SA 5069

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 1281m2
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Property Details for 148 Payneham Rd, Evandale

Building Type
Commercial
Year Built
1925
Floor Size
300m2
Land Size
1281m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A535/F20422

Last Listing description (March 2022)

CBRE Metropolitan Investments are proud to present 148 Payneham Road, Evandale to market for sale via Public Auction. The property is located in the inner East is situated approximately 2.5km's for the Adelaide CBD, 1.5km's from the prestigious Norwood Parade and only a mere 250 metres from the recently upgraded Avenues Shopping Centre. This investment ticks all the boxes with a flexible, timber roof exposed office, easily adaptable to a range of businesses while sitting on a healthy 1,288sqm block for future development potential.
Key investment highlights include;
Adaptable office space with a NLA of 276sqm*

15 valuable onsite carparks
Over 27metre frontage to Payneham Road
1,288sqm* of Business Neighbourhood Zoned Land
Located in the East and less than 2.5km's from the CBD
Offered vacant possession

For sale by Public Auction Wednesday 23rd of February 2022 11am

Please contact the sole marketing agents with any other questions:

Rhyce Scott: +61 422 960 585
Harry Einarson: +61 421 747 442

Property History for 148 Payneham Rd, Evandale, SA 5069

A timeline of how this property has performed in the market
Last Sold
$2,447,500
28 Apr 2022
  • 28 Apr 2022
    Sold for $2,447,500
  • 31 Jan 2022
    Listed for Sale Contact Agent
  • 07 Jun 2004
    Sold for $165,000
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About Evandale 5069

The size of Evandale is approximately 0.4 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Evandale in 2011 was 1,331 people. By 2016 the population was 1,392 showing a population growth of 4.6% in the area during that time. The predominant age group in Evandale is 30-39 years. Households in Evandale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Evandale work in a professional occupation. In 2011, 65.5% of the homes in Evandale were owner-occupied compared with 62.9% in 2016.

Evandale has 655 properties. Over the last 5 years, Houses in Evandale have seen a 69.59% increase in median value, while Units have seen a 60.70% increase. As at 30 September 2024:

  • The median value for Houses in Evandale is $1,401,278 while the median value for Units is $543,553.
  • Houses have a median rent of $560 while Units have a median rent of $378.
There are currently 6 properties listed for sale, and no properties listed for rent in Evandale on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Evandale.

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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.