Multi-Housing

430 Payneham Road, Glynde

430 Payneham Road Glynde, SA Australia 5070
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Building Area
Land Area

Property Description

JLL is pleased to present 430 Payneham Road, Glynde for sale by expression of interest. 

 

430 Payneham Road, Glynde is strategically located some 6 kilometres north east of the Adelaide CBD, situated prominently on the corner of Payneham and Barnes Roads on the city-bound side of Payneham Road.


The site occupies a high exposure corner surrounded by a mix of residential, retail and commercial development. Well serviced by public transport, the site is within walking distance of the upgraded and extended Klemzig Interchange (O-Bahn) and several bus routes along Payneham Road.


As the main thoroughfare for commuters travelling between the north eastern suburbs and the CBD, the location is home to important amenities including medical, education, office, retail, aged care and the Marden Shopping Centre. The centre’s tenants include Woolworths, CBA and Dan Murphy’s plus many others.


The site is zoned for residential use, however the location and site attributes are well-suited to potential commercial or retail usage (subject to necessary statutory approvals) and we anticipate the site will appeal to a range of residential and commercial developers. 


We highlight the key property features below:

 

  • 1,520 sqm* main road corner site
  • High exposure to a large number of passing vehicles daily
  • Two street frontages – Payneham Rd 37.44 metres* & Barnes Road 34.44 metres*
  • Zoned Residential (Medium Density)
  • Popular inner north eastern location


The property is offered for sale by expression of interest closing Thursday 21 May 2020 at 2pm.


For more information or to arrange an inspection, please contact exclusive selling agent JLL.


*Approx


JLL RLA 1842

Investment Highlights

  • 1,520 sqm* main road corner site
  • High exposure to a large number of passing vehicles daily
  • Two street frontages – Payneham Rd 37.44 metres* & Barnes Road 34.44 metres*
  • Zoned Residential (Medium Density)
Jed Harley
Director, Capital Markets Transactions
Roger Klem
Head of Sales & Investments - SA

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