SOLD
Sold on 14 Nov 2023 for $2,000,000

168 Payneham Road
Evandale SA 5069

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 405m2
Land area: 908m2
Sold By
Belle Property Commercial Adelaide
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Property Details for 168 Payneham Rd, Evandale

Building Type
Commercial
Year Built
1900
Floor Size
405m2
Land Size
908m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A1/D1877

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:

Adaptable office building of 379 sqm* (NLA)
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

A timeline of how this property has performed in the market
Last Sold
$2,000,000
14 Nov 2023
Listed for Rent
26 Oct 2023
  • 14 Nov 2023
    Sold for $2,000,000
  • 26 Oct 2023
    Listed for Rent - Price not available
  • 03 Jul 2023
    Listed for Sale SOLD
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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 660 properties.

    There are currently 2 properties listed for sale, and 1 property listed for rent in Evandale on OnTheHouse. According to CoreLogic's data, 21 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.