13/18 John St, Payneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 73m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Best offers by 1pm, Tuesday 19th November 2024 (USP).
If you have been in pursuit of a well-appointed home that doubles as a rare investment opportunity in the heart of Payneham, then welcome to 13/14-18 John Street. This secure two-story townhouse, currently leased until August 2025, yields an impressive weekly return of $440, providing a sure-shot, steady investment.
This address presents the perfect union of convenience and captivating suburban living: six kilometres from the bustling CBD of Adelaide, only a few strides away from public transport junctions, making day-to-day commuting and urban accessibility an absolute breeze.
Complementing its great location is its proximity to numerous lifestyle amenities. Football enthusiasts and fitness lovers can enjoy the green expanse of the nearby Payneham Oval while St Joseph's Payneham and Trinity Gardens School, less than a 1km away, promise quality education for growing families.
Your palate, too, is well catered for with Cheeky Grin Coffee and a smorgasbord of eateries along nearby Magill Road. Shopaholics can satisfy their retail cravings at Burnside shopping centre and The Parade, barely a few minutes away.
In this secure two-story townhouse, enjoy interior features designed for comfort - spacious living and dining room basked in natural light, a well-equipped kitchen, and a separate laundry unit. Ascend to the second floor to find two generously-sized bedrooms, complete with built-in wardrobes and ceiling fans for your comfort.
In summary, the property offers:
? Secure tenancy until August 2025 at $440pw, promising solid returns
? Proximity to Adelaide CBD, schools and Payneham Oval
? Array of eateries and shopping centres nearby, ensuring a vibrant lifestyle
? Spacious townhouse layout with attractive inclusions
? Charming private courtyard for relax-outs
So whether you're an investor seeking a reliable income source or a first-time homebuyer looking for a fantastic starter home, 13/14-18 John Street, Payneham delivers a promising prospect. All that's left is for you to seize the opportunity!
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 1,295 properties. Over the last 5 years, Houses in Payneham have seen a 70.43% increase in median value, while Units have seen a 66.64% increase. As at 31 October 2024:
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