3/22 First Ave, Payneham South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 892m2 and floor size of 109m2.
'Land Value' Opportunity with Rear Lane Access!
SOLD at AUCTION by the Eastern Suburbs Experts with 21 registered bidders! To finalise an Estate ... this is the one you have been waiting for so let's summarise; premium location, 759m2 block with 17.3m frontage, north aspect to rear, rear lane access, small local park behind ... check! A Villa in poor condition completes the picture & a very rare opportunity for either a substantial renovation & extension, OR to build your new dream home, subject to Council Consent. Inside * up to 4 bedrooms * small cellar Outside * rear verandah * carport * garage Location * close to local shopping precincts & bus services, convenient to Norwood Parade & the City * zoned for East Adelaide Primary School, Adelaide High School * central to a number of private schools including St Peters & Prince Alfred Colleges * convenient to Linear Park General Information: C/T: 5831 / 940 Council: Norwood Payneham St Peters Zoning: RH (C) Residential Historic Conservation Council Rates: $1,849.75 pa SA Water: $296.77 pqtr ES Levy: $374.45 pa Land size: 759 m2 with 17.3m frontage Built: 1900 approx Web ID = SPM3694 Auction Notice: The Vendor's statement may be inspected at Harcourts Platinum, 411 Portrush Road, Toorak Gardens SA for 3 consecutive business days immediately preceding the Auction and at the auction for 30 minutes before it starts.
The size of Payneham South is approximately 0.6 square kilometres. It has 1 park. The population of Payneham South in 2011 was 1,545 people. By 2016 the population was 1,647 showing a population growth of 6.6% in the area during that time. The predominant age group in Payneham South is 20-29 years. Households in Payneham South are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Payneham South work in a professional occupation. In 2011, 59.7% of the homes in Payneham South were owner-occupied compared with 58% in 2016.
Payneham South has 850 properties. Over the last 5 years, Houses in Payneham South have seen a 68.01% increase in median value, while Units have seen a 70.30% increase. As at 31 October 2024:
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