8/423 Payneham Road, Felixstow, SA 5070

$490,000-$530,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Tuesday, September 08, 2026 ( See property details for 8/423 Payneham Road, Felixstow, SA 5070)

$490,000-$530,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A light-filled, low-maintenance two-bedroom unit in a prime Felixstow location, offering outdoor balconies and excellent potential for updates.

🏡 Property Highlights

  • Elevated ground position with leafy communal surrounds
  • Two spacious bedrooms with built-in robes and wide windows
  • Two balconies offering outdoor space and fresh air
  • Potential for future updates with original kitchen and ample bench space
  • Excellent location near River Torrens trails and Linear Park
  • Well-maintained group of just eight residences with personal carport

✨ Key Features

  • Built in robes
  • Balcony
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area / Balcony
  • Internal Laundry
  • Fly Screens
  • Low-Maintenance Yard

Felixstow is a vibrant suburb offering scenic river trails, extensive parklands, and convenient shopping options. Its proximity to the CBD makes it ideal for professionals and families seeking a balanced lifestyle. The area boasts excellent public transport links, including the nearby Klemzig Interchange, and a variety of local cafes and recreational facilities. With a strong community feel and easy access to outdoor activities, Felixstow is a highly desirable address for a relaxed yet connected lifestyle.

What are the potential renovation options for this unit?
The original kitchen and layout provide a blank canvas for updates such as modern cabinetry, appliances, and interior styling to enhance comfort and value.
Is the property suitable for investment purposes?
Yes, with a current rental income of $460 per week and potential to increase rent, this property offers a solid investment opportunity in a sought-after location.
What amenities are nearby?
The property is close to Marden Shopping Centre, Firle Plaza, local cafes, Felixstow P.S, East Marden P.S, and recreational facilities like Linear Park and the Payneham Swimming Centre.
How accessible is the property to public transport?
The property is well-connected via the Klemzig Interchange and nearby bus routes, providing quick access to the CBD and surrounding suburbs.
What are the future development or zoning considerations?
The property is zoned HDN, with potential for future updates or redevelopment subject to council approval. Buyers should verify with local authorities for specific planning regulations.
Are there any upcoming council or strata fees not disclosed in the current rates? Has the property been inspected for structural issues or water damage? Are there any easements, zoning restrictions, or planned developments in the area that could affect the property? What are the terms of the current lease, and are there any restrictions on owner-occupiers? Is there any history of flooding or bushfire risk in this location? Are there any planned infrastructure projects or construction nearby that could impact the property’s value or living conditions?

8/423 Payneham Road, Felixstow, SA 5070 - More Details

$490,000-$530,000

Best Offers By 10am Tuesday 22nd September(unless sold prior)

Light, bright and wonderfully manageable, 8/423 Payneham Road presents a relaxed two-bedroom base made for first-home buyers, young professionals or downsizers chasing lock-and-leave simplicity along this city-fringe corridor. Elevated above the street and wrapped by leafy communal surrounds, the home opens into an airy lounge and casual meals zone where warm flooring, wide windows and a front balcony give everyday downtime a welcome sense of openness.

The original kitchen keeps things practical with generous bench space and cabinetry while offering a clear canvas for a future refresh, with a second balcony extending from the rear for another dose of fresh air. Two generous bedrooms sit privately to one side, both enjoying built-in robes and wide windows, while the central bathroom incorporates the laundry. Comfortable as is yet packed with potential to update at your own pace, it's an appealing foothold for buyers keen to secure the address first and add their own stamp later.

Felixstow makes that first move even more compelling, with River Torrens trails close by for morning walks, weekend rides and time outdoors, while Marden Shopping Centre and Firle Plaza keep groceries, cafés and daily essentials within easy reach. ARC Campbelltown and the redeveloped Payneham Swimming Centre expand the recreation offering, with Klemzig Interchange connecting you quickly to town by O-Bahn. Whether you're driving, cycling Linear Park or jumping on the bus, Adelaide's vibrant east and CBD stay comfortably in striking from this brilliantly connected address.

Features you'll love:
- Lofty contemporary unit offering low-upkeep appeal
- Airy lounge, casual meals zone, warm flooring + wide front windows
- Original kitchen featuring good bench space, ample cabinetry + all-electric appliances
- Two generous bedrooms, both enjoying BIRs + wide windows
- Tidy central bathroom + laundry combination
- Front balcony adjoining the lounge + second rear balcony off the kitchen
- Personal carport in a well-maintained group of just eight residences
- Excellent canvas to refurb, update + personalise over time

Location highlights:
- Great access to the scenic River Torrens + Linear Park for weekend walks or rides to the CBD
- Around the corner from both Marden Shopping Centre + busy Firle Plaza for all your household essentials
- Plenty of local cafés to enjoy or zip to vibrant Parade Norwood for unrivalled retail, dining + weekend entertaining
- Only 10-minutes (5km) to the CBD's East End by way of car, bus or bike

This property is currently rented at $460 per week until 11 January 2027.

Specifications:
CT / 5172/799
Council / Norwood Payneham & St Peters
Zoning / HDN
Built / 1964
Council Rates / $1,408.33pa
Strata Rates - Admin / $319.54pq
Strata Rates - Sinking / $98.32pq
Strata Manager / Body Corporate Management
Emergency Services Levy / $97.95pa
SA Water / $191.85pq
Estimated rental assessment $500 - $550per week/ Written rental assessment can be provided upon request
Nearby Schools / Felixstow P.S, East Marden P.S, East Torrens P.S, Trinity Gardens School, Klemzig P.S, Charles Campbell College, Morialta Secondary College, Marryatville H.S, Norwood International H.S

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

Inspections times

  • Inspection Tue 15 Sep 1:30 pm

    Tuesday 15 September
    1:30 pm - 1:50 pm
Thank you for submitting your reminder request.

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