172 Payneham Road,
Evandale, SA 5069
Shops & Retail • Other
Key property information
Land area
Floor area
Parking info
Tenure type
Sold on
Raine and Horne Commercial and Business
8 Greenhill RoadWAYVILLE, SA 5034
172 Payneham Road
Evandale, SA 5069
Map of 172 Payneham Road
UNIQUE HISTORIC LANDMARK INVESTMENT - LONG-TERM INCOME STREAMS
Raine & Horne Commercial are pleased to present an exceptional investment opportunity with this historic landmark property; a beautifully preserved character church converted into a vibrant retail space. Situated on approximately 702 sqm of land with around 405 sqm of building area, this unique property offers both charm and commercial appeal. The property features two reliable income streams: the Adelaide Bridal Emporium leasing the main building until January 2029, and a long-term lease with Vodafone for the tower atop the property extending to 2040.
• Historic landmark with character-rich architecture, ideal for retail or hospitality usage
• Approx. 702 sqm land parcel with 405 sqm of versatile building space
• Dual income streams: Adelaide Bridal Emporium (until Jan 2029) and Vodafone (until 2040)
• Prime location with significant historical and commercial appeal for future growth
• Carpark at rear
If you would like further information or to view the property, please contact the agents to arrange an inspection.
Michael Kourbelis 0452 239 6...
Simon Winter 0419 828 6...
RLA 283100
• Historic landmark with character-rich architecture, ideal for retail or hospitality usage
• Approx. 702 sqm land parcel with 405 sqm of versatile building space
• Dual income streams: Adelaide Bridal Emporium (until Jan 2029) and Vodafone (until 2040)
• Prime location with significant historical and commercial appeal for future growth
• Carpark at rear
If you would like further information or to view the property, please contact the agents to arrange an inspection.
Michael Kourbelis 0452 239 6...
Simon Winter 0419 828 6...
RLA 283100
Additional information
External websites
Evandale, 5069 demographic data
The median household income for Evandale is $1,864, 20% higher than Greater Adelaide's household income of $1,548. Evandale has a similar age profile compared to the rest of Greater Adelaide (median age 39). Property ownership data shows 49% of property owners in Evandale have a mortgage.
1,378
Population
$1,864 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
Raine and Horne Commercial and Business8 Greenhill Road
WAYVILLE, SA 5034
WAYVILLE, SA 5034
More properties from Raine and Horne Commercial and Business
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
22-24 Gilbert Street,Adelaide, SA 5000 756 m²Development Sites & Land • Shops & Retail • Offices
Contact Agent
2/110 Ward Street,North Adelaide, SA 5006 29 m²Offices • Medical & Consulting • Shops & Retail