128-134 Payneham Road, Stepney, SA 5069

Offices | Retail | Medical

For Sale Contact Agent

  • Property ID: 448958
  • Floor Area: 960m²
  • Land Area: 1360m²
  • Occupancy: Vacant
High-Profile Investment Opportunity on Payneham Road

Key Attributes:
- Combined Land Area: 1,360 sqm*
- Combined Build Area: 960m2*
- 4 established tenants across two titles
- On-Site Parking, enhancing accessibility
- High Street Exposure with exposure to 34,500 vehicles daily*
- Location: 4km* from Adelaide GPO
- Zoned: Suburban Activity Centre
- Council: City or Norwood, Payneham & St Peters
- Development Potential (STCA)

Investment Opportunity:
This property presents an ideal opportunity for savvy investors seeking a combination of steady rental income and long-term growth potential. With four tenanted spaces, it provides immediate cash flow and a secure financial return. The off-street parking and its strategic location just 4km from the heart of Adelaide ensure its appeal to both tenants and future developers.

Future Development Potential:
Situated on a generous 1,360 sqm land holding, this site is ripe for future redevelopment (STCA). Whether you're looking to benefit from on the current commercial use or explore residential, retail, or mixed-use development, this site offers endless possibilities. Its high exposure and proximity to the Adelaide GPO, making it an attractive acquisition for a range of investors.

Inspection Times:
Wednesday 23rd October at 3:45pm

For further information please contact Mario Bonomi on 0412 080 993 or Fendi Klementou on 0426 258 030.

*Approximately

RLA 231015

Stepney Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $165 ---
Offices $3125 $246 7.88%
Retail $3125 $279 8.92%
This is the average advertised price, rent and yield for Stepney, SA 5069*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in SA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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