OFF MARKET

241 Payneham Road
Joslin SA 5070

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1114m2
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Property Details for 241 Payneham Rd, Joslin

Building Type
Commercial
Year Built
1953
Land Size
1114m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A36/F135787

Last Listing description (May 2021)

Fantastic Opportunity! Its all about the location & the huge potential. On land some 1134m2, this home has been lovingly cared for by the same family for the last 53 years.

It can be lived in as & renovated in the future to become an amazing family home.

Current zoning allows for shops, offices or consulting rooms. This property currently allows for up to 5 rooms to be used for consullts, plus kitchen & 2 bathrooms. There is great flexibility as to how it can be configured.

If you run your own business, why pay rent when you can own your own.

The savvy investor will see the opportunity here with adding this superbly located property to their portfolio!

It can be demolished (stcc) and brand new rooms be built.

This is a rare opportunity.

** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

RLA 61345 RLA 282965 RLA 231015

Property History for 241 Payneham Rd, Joslin, SA 5070

A timeline of how this property has performed in the market
Last Sold
$1,265,000
26 May 2021
  • 26 May 2021
    Sold for $1,265,000
  • 27 Feb 2021
    Listed for Sale $1,200,000 to $1,300,000

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About Joslin 5070

The size of Joslin is approximately 0.5 square kilometres. It has 5 parks covering nearly 4.6% of total area. The population of Joslin in 2011 was 1,248 people. By 2016 the population was 1,147 showing a population decline of 8.1% in the area during that time. The predominant age group in Joslin is 50-59 years. Households in Joslin are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Joslin work in a professional occupation. In 2011, 72.8% of the homes in Joslin were owner-occupied compared with 74.5% in 2016.

Joslin has 514 properties. Over the last 5 years, Houses in Joslin have seen a 77.14% increase in median value, while Units have seen a 58.80% increase. As at 31 October 2024:

  • The median value for Houses in Joslin is $1,954,691 while the median value for Units is $490,230.
  • Houses have a median rent of $575 while Units have a median rent of $340.
There are currently 2 properties listed for sale, and 1 property listed for rent in Joslin on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Joslin.

Suburb Insights for Joslin 5070

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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.