168 Payneham RoadEvandale SA 5069
Property Details for 168 Payneham Rd, Evandale
Last Listing description (November 2023)
Belle Property Commercial are delighted to offer 168 Payneham Road, Evandale, for sale by private treaty.
168 Payneham Road offers an excellent opportunity to occupy or invest in a prime inner eastern location, just 3 kilometres* from the Adelaide CBD and a short drive to popular Norwood Parade.
Key highlights for consideration:
Generous 910sqm* site on 1 Certificate of Title
17 metre* frontages to Payneham Road
Valuable rear access
Ample on site parking
Highly prized suburb
Flexible Business Neighbourhood Zoning
Only 3km* south east from the Adelaide CBD
Surrounded by fantastic amenity
Easy access to public transport
Offered with substantial holding income until December 2023
With a forecast for strong growth, and a scarcity of commercial property in the inner east, there is no better time to gain a foothold in what is fast becoming one of metropolitan Adelaide's most coveted locations.
To arrange an inspection or for more information please contact Belle Property Commercial as the exclusive selling agents:
Alan Lim
David Buenfeld
RLA 287133
*approx
Property History for 168 Payneham Rd, Evandale, SA 5069
- 14 Nov 2023Sold for $2,000,000
- 26 Oct 2023Listed for Rent - Price not available
- 03 Jul 2023Listed for Sale SOLD
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0About 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 656 properties. Over the last 5 years, Houses in Evandale have seen a 66.43% increase in median value, while Units have seen a 63.29% increase. As at 31 October 2024:
- The median value for Houses in Evandale is $1,386,168 while the median value for Units is $536,510.
- Houses have a median rent of $555 while Units have a median rent of $378.
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