10/216 Payneham Road

Evandale SA 5069

Both bedrooms are generously proportioned and benefit from the home's dual aspect, with calming garden outlooks and plenty of sunlight creating inviting, restful spaces. The bathroom has been stylishly renovated, featuring floor-to-ceiling tiles, a full-sized bathtub, and a luxurious waterfall showerhead - bringing a touch of hotel-style comfort to your daily routine.

Step outside and you'll find a surprisingly spacious and private rear yard - perfect for weekend entertaining, relaxed afternoons in the sun, or simply enjoying a quiet moment in your own outdoor space. There's even a neat, low-maintenance garden to enjoy without the upkeep.

At the front of the home, a lovely green lawn provides additional outdoor space. While technically part of the common strata land, in practice it feels like a natural extension of the home - a perfect spot for a morning coffee, some playtime, or soaking up the afternoon sun.

Currently leased to long-term tenants until August 2025, the property offers strong appeal as a ready-made investment with income from day one. Alternatively, it's an excellent opportunity for future owner-occupiers looking to secure a foothold in a sought-after suburb and move in at a later date.

With shopping at The Avenues and Marden close by, public transport within easy reach, and zoning for some of the most highly regarded public schools including East Adelaide Primary and Norwood International High School, this home offers the ideal blend of lifestyle, location and long-term value.

Whether you're looking for your first home, a downsizer's retreat, or a smart addition to your investment portfolio, this hidden gem is one not to be missed.

Things we love:

- Tucked away at the rear of a quiet, well-maintained single-storey group
- No main road frontage - over 130m set back from Payneham Road
- Peaceful and private position with only one shared wall
- South-facing front and north-facing rear for all-day natural light
- Open plan kitchen, dining and living area with a bright, welcoming feel
- Two generously sized bedrooms, each filled with natural light and garden views
- Stylishly renovated bathroom with floor-to-ceiling tiles, bathtub and waterfall showerhead
- Spacious, private rear yard - perfect for entertaining or relaxing
- Neat, low-maintenance garden and outdoor space
- Lovely lawned area at the front of the home (common strata land, but feels like your own)
- Two split-systems throughout
- Secure carport with visitor parking available
- Currently tenanted to long-term tenants with lease in place until 4 August 2025
- Ideal for investors with rental income from day one or owner-occupiers planning ahead
- Close to The Avenues and Marden Shopping Centres, local parks and public transport
- Zoned for East Adelaide Primary and Norwood International High School

Specifications:
CT / 5016/814
Council / Norwood Payneham & St Peters
Zoning / GN
Built / 1982
Council Rates / $1,309.73pa
SA Water / $165.55pq
ES Levy / $115.15pa
Strata Rates / $796.66pq
Estimated rental assessment: $550 - $580 p/w (Written rental assessment can be provided upon request)
Nearby Schools / East Adelaide School, Trinity Gardens School, Felixstow P.S, Norwood P.S, Vale Park P.S, Marryatville H.S, Adelaide Botanic H.S, Morialta Secondary College

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preced