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311 Payneham Rd Royston Park, SA 5070

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311 Payneham Rd,
Royston Park, SA 5070

Development Sites & Land • Shops & Retail • Medical & Consulting

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Map of 311 Payneham Rd

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REDEVELOP, RENOVATE, OCCUPY - PRESTIGE LOCATION – HIGH PROFILE CORNER SITE WITH REAR ACCESS

  • PRESTIGE LOCATION
  • CORNER ALLOTMENT - REAR ACCESS
  • DEVELOPMENT POTENTIAL
The property offers a multitude of uses (subject to usual consents). The current commercial tenant (Lady Liz Bridal) has occupied the property for the past 15 years and remain a monthly tenant currently paying approximately $45,175 per annum plus outgoings and GST.

The previous use of the bridal shop was restaurant (even some of the restaurant infrastructure is still on site).

The 3 upstairs units attract a rental of $200 per week (Unit 1), $220 per week (Unit 2 – currently vacant) and $225 per week (Unit 3).

The site enjoys excellent exposure to Payneham Road with an average of 35,200 vehicles passing daily according to Transport SA figures.

Land size 18.29m frontage x 60.96m (approx. 1115m2) rear lane access via a right of way.

• Zoning: Zoned by the City of Norwood, Payneham & St Peters as Residential 3 Zone
EXPRESSION OF INTEREST CLOSING 4PM MONDAY 26TH MAY 2014 (USB)
All areas approximate

Property ID: 501125731Last Updated: 24 Aug 2014

04121276...
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311 Payneham Rd
Royston Park, SA 5070
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