OFF MARKET

2/240 Payneham Road
Payneham SA 5070

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 62m2
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Property Details for 2/240 Payneham Rd, Payneham

2/240 Payneham Rd, Payneham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 62m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
1970
Floor Size
40m2
Land Size
62m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
F2/C22317

Last Listing description (May 2023)

Available: 24th May
Lease Term: 12 months
Pets: Not Allowed

Nestled in a delightful garden setting in a well maintained, tightly held group. This stylish, one bedroom renovated ground floor unit is superbly located only 6 kilometers from the CBD.

Features Include:
- Large main bedroom with mirrored built-in robes
- Expansive living/dining area
- Modern kitchen with stainless steel appliances
- Neat and tidy bathroom with floor to ceiling tiles and own laundry - dryer included
- Stylish dcor throughout
- Large picture windows
- Excellent security
- Reverse cycle split air-conditioning
- Undercover parking
- Remote control front sliding gate

INCLUSIONS: Dryer included located on the ground (not as per photograph)

Ideally located a short distance to the cafes, restaurants and shopping The Parade, Norwood and Melbourne Street have to offer. Local shopping centres including Walkerville Shopping Centre and Marden Shopping Centre are both nearby. In close proximity to sporting facilities, public transport options and some of Adelaide's finest schools including Trinity Gardens, St Peter's College, East Adelaide, St Andrew's and St Monica's Parish. All this and just 5kms (approximately) to the CBD, North Adelaide and the Adelaide Oval Riverbank precinct.

Water Charges: Tenants to pay all water supply charge.

All information contained herewith, including but not limited to the general property description, price and the address, is provided to Boffo Real Estate by third parties. We have obtained this information from sources we believe to be reliable; however, we have not verified and do not guarantee its accuracy. The information contained should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

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RLA 313174

Property History for 2/240 Payneham Rd, Payneham, SA 5070

A timeline of how this property has performed in the market
Last Sold
$230,000
12 Jun 2020
Listed for Rent
$350/w
26 May 2023
  • 12 Jun 2020
    Sold for $230,000
  • 24 Mar 2020
    Listed for Sale $240,000 - $250,000
  • 09 Dec 2019
    Listed for Rent $250 / week
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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.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Payneham on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Payneham.

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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.