SOLD

254 Payneham Road, Payneham SA 5070

PRIME PAYNEHAM POSITION - INSTANT INCOME EXCEEDING $33,000 pa

Versatile future options, Update - Reside – Continue to rent – Re-develop 3 or 4 dwellings (STCC).

CIRCA 1950 - The home has an attractive façade & is red, double brick with cream coloured trim.

22.76m Frontage to Payneham Road & 42.67m Frontage to Albert Street, Shop front on Albert Street.

There are currently Tenants in the 3 separate residences. 6 bedrooms across 3 dwellings

PAYNEHAM is within the all-important inner-city suburbs & approximately 5km to the Adelaide CBD!

Close to transport – the CBD – Adelaide University.

Close to The Avenues & Marden Shopping Centres & all the options & facilities of Norwood, Payneham & St Peters.

Close to St Joseph’s School, East Adelaide Primary School, Trinity Gardens Primary School & Marden Senior College.

Welcome to Payneham, a popular suburb 5km to the east of Adelaide & and a quick drive into the heart of the CBD.
There are frequent buses along both Payneham & Portrush Roads making city access very easy. Payneham features many beautiful character homes & cottages, along with popular urban developments – Modern Town Houses & Courtyard homes.
The population is as diverse as the housing styles, making it a popular suburb for professionals, young couples & singles, families with children & retirees!

Council - Norwood, Payneham & St Peters
CT 5420 Folio 568
Planning approvals for 3 dwellings available on request but possibility for 4 dwellings (Subject To Council Consents)
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