142 Payneham RoadStepney SA 5069
Property Details for 142 Payneham Rd, Stepney
Last Listing description (May 2018)
142 Payneham Road, is situated just east of The Avenues Shopping Centre and is a mere 3 kilometres from the CBD. Located on the southern side of Payneham and on the corner of Wheaton Road.
The improvements include a well-constructed building with high quality finished providing some 257 sqm of fitted out offices with all modern amenities and services. The improvements are within a corner allotment of some 769 sqm approximately.
Key features include:
- 3 + 3 year lease expiring January 2021 plus options
- Current Net income $73,865 per annum fixed annual reviews
- 3 Month Bank Guarantee
- Lettable area of 257sqm* plus Store of 17sqm*
- Site area of 769sqm*
- Convenient onsite parking at the rear of premises
- Local Office Zone (City of Norwood, Payneham & St Peters)
We recommend your serious consideration and welcome the opportunity to arrange for an inspection to fully appreciate the quality of this opportunity.
*Approx.
Property History for 142 Payneham Rd, Stepney, SA 5069
- 29 Jun 2020Transferred
- 07 May 2018Listed for Sale Not Disclosed
- 31 Jul 2017Listed for Rent - Price not available
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About Stepney 5069
The size of Stepney is approximately 0.5 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Stepney in 2011 was 855 people. By 2016 the population was 859 showing a population growth of 0.5% in the area during that time. The predominant age group in Stepney is 20-29 years. Households in Stepney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stepney work in a professional occupation. In 2011, 64.3% of the homes in Stepney were owner-occupied compared with 59.5% in 2016.
Stepney has 788 properties. Over the last 5 years, Houses in Stepney have seen a 69.09% increase in median value, while Units have seen a 130.60% increase. As at 30 November 2024:
- The median value for Houses in Stepney is $1,386,128 while the median value for Units is $807,693.
- Houses have a median rent of $795 while Units have a median rent of $535.
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