1/78 Payneham RoadStepney SA 5069
Property Details for 1/78 Payneham Rd, Stepney
1/78 Payneham Rd, Stepney is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1900. The property has a land size of 148m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (July 2022)
Formerly a branch of the Bank of South Australia this substantial building is situated opposite the St Peters Town Hall and has been transformed into something really special. Built in 1900, this iconic solid building has been tastefully renovated throughout, whilst retaining many charming original features. Touches of leadlight, original timber doors and skirtings, beautiful dark timber polished floors, and ornate ceilings combine with light neutral colours throughout to make this an incredible space.
The combinations are plentiful. This once bustling bank boasts the ability to run an office/retail space downstairs, with a 3 bedroom, 2 bathroom fully equipped living space upstairs. Alternatively, the upstairs living space could be utilised as offices. Live on the premises yourself, lease as an entire building, or have two separate leases for upstairs and down!
Step inside the impressive foyer, with beautiful light fittings and grand timber staircase leading upstairs. The downstairs space consists of a large open plan area with beautiful dark jarrah hardwood floors, lofty ceilings plus a generous private meeting room with glass surround. The old bank vault downstairs will make for a great sound-proof recording booth for social media content, a dark room, fabulous wine cellar or perhaps just additional storage space. There's also a generously sized modern kitchenette downstairs and toilet facilities.
Upstairs provides 3 very large bedrooms, all with robes and ceiling fans, the main with sparkling ensuite. There's a cosy formal living room plus a sensational kitchen/meals area with full butler's pantry, dishwasher, 900mm cooktop, built-in French door fridge and separate wine fridge. The finishes used in this kitchen are sublime and the amount of cupboard space available is mind blowing. The main bathroom upstairs is so luxurious and full of light.
Step through a leafy paved courtyard area outside to find a double garage with electronic roller doors, with vehicle access via the rear of the building. Currently one space inside the garage is dedicated to downstairs, and one space is for upstairs occupants.
*On two Titles
*Prominent retail presence with excellent exposure, only a few kms to the City
*Zoned District Centre (St Peters)
*High speed internet and data cabling
*Renovated throughout
*Ducted RC for heating/cooling both upstairs and down
*Roller shutters to upper storey windows
Don't miss your chance to secure such a versatile, and stunning property in an incredible location.
Property History for 1/78 Payneham Rd, Stepney, SA 5069
- 08 Jul 2022Sold for $775,000
- 08 Jul 2022Sold for $775,000
- 23 Mar 2022Listed for Sale $1.55m
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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 2016 was 872 people. By 2021 the population was 942 showing a population growth of 8.0% in the area during that time. The predominant age group in Stepney is 30-39 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 2021, 60.00% of the homes in Stepney were owner-occupied compared with 59.50% in 2016.
Stepney has 794 properties. Over the last 5 years, Houses in Stepney have seen a 64.40% increase in median value, while Units have seen a 80.85% increase. As at 30 November 2025:
- The median value for Houses in Stepney is $1,481,719 while the median value for Units is $880,142.
- Houses have a median rent of $695 while Units have a median rent of $740.
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