172 Payneham Road, Evandale, SA 5069

Retail
|Other
In excess of $1,800,000
In excess of $1,800,000
Published on: 07 May 2025
Last updated on: 10 Jul 2025
172 Payneham Road, Evandale, SA 5069
172 Payneham Road, Evandale, SA 5069
172 Payneham Road, Evandale, SA 5069
+28
172 Payneham Road, Evandale, SA 5069
  • 28
  • 1
Property ID: 504854276
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Key property information

Land Size
702.00 m2
Parking Comments
Gravel Carpark
Floor Area
405.00 m2
Tenure Type
tenanted

UNIQUE HISTORIC LANDMARK INVESTMENT - LONG-TERM INCOME STREAMS

172 Payneham Road, Evandale, SA 5069
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 239 633
Simon Winter 0419 828 689

RLA 283100

Property Details

Basic Info

Property Type
RetailOther
Listing Status
Under Contract
Land Size
702.00 m2
Address
172 Payneham Road, Evandale, SA 5069

Floorplans and tours

Floorplan
Michael Kourbelis
Michael Kourbelis
Simon Winter
Simon Winter
Raine and Horne Commercial and Business
8 Greenhill Road, Wayville, SA 5034
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Michael Kourbelis
Michael Kourbelis
Simon Winter
Simon Winter
8 Greenhill Road, Wayville, SA 5034
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      Property ID: 504854276

      Original Property ID: 504854276
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