128-134 Payneham Road, Stepney, SA 5069

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