BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Strategic Payneham Road Holding\nLJ Hooker Commercial Adelaide is pleased to present 297 Payneham Road\, Royston Park to the market for s ale by Public Auction.\n\nOccupying a substantial landholding along one of Adelaide's key inner-eastern arterial corridors\, the property presents a n opportunity to acquire a fully leased commercial investment combining di versified income\, significant street exposure\, longer-term value-add pot ential and significant underlying land value.\n\nThe investment is fully l eased across four tenancies\, generating a combined net passing income of approximately $122\,079.39 per annum\, with all leases structured on a net basis. The tenancy profile provides diversification across the asset\, wi th lease expiries extending through to September 2032 and further options applying to each tenancy. \n\nPayneham Road is undergoing continued redeve lopment and repositioning\, with multiple sites along the corridor being u pgraded or redeveloped for higher-density residential\, mixed-use and comm ercial outcomes. This ongoing investment is progressively strengthening th e corridor\, supporting increased residential density\, improved amenity a nd continued demand for retail\, hospitality\, professional and service-ba sed accommodation.\n\nKey Property Highlights:\n Substantial 1\,900 sqm la ndholding* \n 43.16m* frontage to Payneham Road\n Total building area of a pproximately 455 sqm* \n Fully leased investment \n Net passing income of approximately $122\,079.39 p.a.* as at 1 October 2026\n Diversified tenanc y mix with lease expiries extending to 2032 \n Shared on-site car parking \n High-profile exposure to approximately 33\,300 vehicles daily \n Zoned Suburban Main Street SMS \n Potential longer-term value-add/repositioning opportunities (STCC) \n No stamp duty on commercial transactions in South Australia\n\nOpen inspection times:\n\n29/09/2026 between 11:30 a.m. and 12:00 p.m.\n6/10/2026 between 11:30 a.m. and 12:00 p.m.\n15/10/2026 betwee n 11:30 a.m. and 12:00 p.m. (prior to the auction)\n\nFor Sale via Public Auction on-site\, Friday 15/10/2026 at 12:00 p.m.\n\nFor further informati on or to arrange an inspection\, please contact the exclusive selling agen ts.\n\nMario Bonomi 0412 080 993\nMark Tettis - 0433 139 892\nClaude Bucc ella 0419 394 110\n\n\n*Approximate.\n\n** All information provided has b een obtained from sources we believe to be accurate\, however\, we cannot guarantee the information is accurate and we accept no liability for any e rrors or omissions (including but not limited to a property's land size\, floor plans and size\, building age and condition). Interested parties sho uld make their own enquiries and obtain their own legal advice.\n\nShould this property be scheduled for auction\, the Vendor's Statement (Form 1) w ill be available at the LJ Hooker St Peters office for 3 consecutive busin ess days immediately preceding the auction and at the auction for 30 minut es before it starts.\n\nRLA 231 015 DTEND:20261016T130000 DTSTAMP:20260921T091859Z DTSTART:20261016T120000 LOCATION:297 Payneham Road\, Royston Park SA 5070 SEQUENCE:0 SUMMARY:Auction: 297 Payneham Road\, Royston Park SA UID:CRE-2021173763-Auction X-ALT-DESC;FMTTYPE=text/html:

Strategic Payneham Road Holding
LJ Hooker Commercial Adelaide is pleased to present 297 Payneham Road\, R oyston Park to the market for sale by Public Auction.

Occupyi ng a substantial landholding along one of Adelaide's key inner-eastern art erial corridors\, the property presents an opportunity to acquire a fully leased commercial investment combining diversified income\, significant st reet exposure\, longer-term value-add potential and significant underlying land value.

The investment is fully leased across four tenan cies\, generating a combined net passing income of approximately $122\,079 .39 per annum\, with all leases structured on a net basis. The tenancy pro file provides diversification across the asset\, with lease expiries exten ding through to September 2032 and further options applying to each tenanc y.

Payneham Road is undergoing continued redevelopment and r epositioning\, with multiple sites along the corridor being upgraded or re developed for higher-density residential\, mixed-use and commercial outcom es. This ongoing investment is progressively strengthening the corridor\, supporting increased residential density\, improved amenity and continued demand for retail\, hospitality\, professional and service-based accommoda tion.

Key Property Highlights:
Substantial 1\,900 sqm landholding*
43.16m* frontage to Payneham Road
Total buildi ng area of approximately 455 sqm*
Fully leased investment
Net passing income of approximately $122\,079.39 p.a.* as at 1 October 202 6
Diversified tenancy mix with lease expiries extending to 2032 Shared on-site car parking
High-profile exposure to approxima tely 33\,300 vehicles daily
Zoned Suburban Main Street SMS
Potential longer-term value-add/repositioning opportunities (STCC)
No stamp duty on commercial transactions in South Australia

Open inspection times:

29/09/2026 between 11:30 a.m. and 12 :00 p.m.
6/10/2026 between 11:30 a.m. and 12:00 p.m.
15/10/202 6 between 11:30 a.m. and 12:00 p.m. (prior to the auction)

Fo r Sale via Public Auction on-site\, Friday 15/10/2026 at 12:00 p.m.

For further information or to arrange an inspection\, please contac t the exclusive selling agents.

Mario Bonomi 0412 080 993 Mark Tettis - 0433 139 892
Claude Buccella 0419 394 110

*Approximate.

** All information provided has be en obtained from sources we believe to be accurate\, however\, we cannot g uarantee the information is accurate and we accept no liability for any er rors or omissions (including but not limited to a property's land size\, f loor plans and size\, building age and condition). Interested parties shou ld make their own enquiries and obtain their own legal advice.

Should this property be scheduled for auction\, the Vendor's Statement ( Form 1) will be available at the LJ Hooker St Peters office for 3 consecut ive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

RLA 231 015

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