1 Taylor AvenuePayneham SA 5070
Property Details for 1 Taylor Ave, Payneham
1 Taylor Ave, Payneham is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1934. The property has a land size of 760m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (October 2020)
Auction Location: on site.
Turn one into two, for twice the opportunity.
Attention all developers looking for that next project, a single block big enough for two, in the right suburb! Here is your chance to secure a property close to the CBD in a location that will be sure to generate very strong buyer interest.
Here is a choice opportunity to purchase a very desirable parcel of land. In excess of 750sqm, with a 20+m frontage, this property will appeal to a range of developers. Many private buyers will also appreciate finding a substantial site which is flat, so perfectly positioned, an easy division, meeting development guidelines and ripe for redevelopment.
It presents a perfect solution for those looking to build their dream home, or provides an investment option to subdivide with a block to spare, to choose your neighbours or on-sell down the track. Also, it is a perfect scenario to set up family right next door!
Professional developers, it gives you the prime opportunity of a quiet street, in a popular growth area. In high demand, this sought after location is minutes from the CBD, a brisk walk to Magill Road eateries and lifestyle shopping, a minute by car to Norwood Parade and its buzz, a short drive to the retail Mecca of the eastern suburbs (Burnside Village) and with easy access to transport routes to the hills, northern wine regions and the outback beyond. The vendor says, "It truly is a remarkably convenient take-off point for wherever you are headed".
Sometimes, special opportunities come up when you, and the market, least expect it. Supposedly 'quiet' times can be the best opportunities. Time to seize the moment.
Auction: Friday, 21st August at 11am on site (unless sold prior)
($630,000)
OFFER FORM LINK
https://forms.gle/M8DBDF7abuW6MXgm9
CT: 5075/514
Council: Norwood, Payneham & St Peters
Council Rates: $1,306.57pa (approx)
Frontage: 20.73m (approx)
Length: 36.58m (approx)
Total Land Area: 758sqm (approx)
Zoned: Res3
Contact Gabrielle Overton to discuss as no property inspections will be held at the request of the vendor. The Art Deco style home is sadly in a state of disrepair and the sale will be an "as is" proposition, with existing fixtures to pass with the sale.
RLA 275279
Property History for 1 Taylor Ave, Payneham, SA 5070
- 19 Oct 2020Sold for $638,500
- 19 Oct 2020Listed for Sale Sold
- 01 May 2020Listed for Sale Sold
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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 1,301 properties. Over the last 5 years, Houses in Payneham have seen a 64.57% increase in median value, while Units have seen a 58.36% increase. As at 31 July 2024:
- The median value for Houses in Payneham is $1,171,301 while the median value for Units is $532,097.
- Houses have a median rent of $600 while Units have a median rent of $450.
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