A fantastic opportunity to either snap up a gorgeous residential home to live within or ponder the opportunity to obtain a prime, corner position for your next commercial business so close to the city is rarely offered within such a highly desirable location.
Not only does this premium location offer you thousands of eager eyes cast over your brand every hour upon Portrush road in Payneham South, it conveniently holds the value of owning a magnificently kept, sandstone villa that can be lived in or leased out as a residential home at any stage with excellent proximity to an array of excellent local schools, shops and public transport options.
Make your mark here and walk into a premises that has been immaculately looked after by its current owners who have updated both the exterior and interior such as plush carpeting, fresh paint, an updated bathroom, recent solar upgrades, recently added disability access ramp for entry, tranquil landscaping and heating and cooling are just to name a few tasteful additions since the current ownership.
Business owners will appreciate dual access across a sizeable corner block with main road exposure. Enjoy the use of a large, sunlit boardroom along with spacious office rooms, a trendy reception entrance and equipped kitchen paired with a recently renovated bathroom with showering facilities and a secure home alarm system for added peace of mind.
Clients and staff will appreciate on site car-parking along with a rear landscaped courtyard, perfect for outdoor lunch breaks and sunny outdoor zoom calls.
Payneham South is an enviable location and it isn't hard to see why with excellent proximity to the CBD and moments away from The Parade in Norwood, surrounded by an array of great local shopping, cafes and amenities, walking distance to the recently upgraded Payneham Oval facilities including a fresh new set of tennis courts, playground and equipment for the health conscious buyer that enjoys the great outdoors.
For further information on this rare opportunity, please contact Alex Parzis on 0410 588 633 to arrange a private inspection.
The size of Payneham South is approximately 0.6 square kilometres. It has 1 park. The population of Payneham South in 2016 was 1640 people. By 2021 the population was 1731 showing a population growth of 5.6% in the area during that time. The predominant age group in Payneham South is 30-39 years. Households in Payneham South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Payneham South work in a professional occupation.In 2021, 58.30% of the homes in Payneham South were owner-occupied compared with 58.00% in 2016.
Payneham South has 851 properties. Over the last 5 years, Houses in Payneham South have seen a 88.80% increase in median value, while Units have seen a 84.25% increase. As at 31 January 2026:
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