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154B The Parade
Norwood SA 5067

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 119m2
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Prime Retail Space

LJ Hooker Commercial Adelaide is pleased to present to the market for lease 154B The Parade, Norwood.
Located on The Parade, the tenancy presents a rarely available, prime retail space located on one of South Australia's premium retail and dining high streets.
Centrally positioned in the heart of the Norwood shopping precinct, between The Parade and the recently completed COMO development. The tenancy benefits from fantastic foot traffic and high exposure position.
Located within close proximity to Norwood Mall, Coles, Norwood Place Shopping Centre, Foodland and Parade Central as well as other well-known retail, food and beverages businesses along The Parade.
Key features of this tenancy include:
- Prominent location in Norwood
- Complimentary surround businesses
- Suited for a range of uses (STCC)
- Public parking available both on The Parade and off Edward Street
- Easy access to public transport
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Property Details for 154b The Parade, Norwood

Building Type
Commercial
Floor Size
119m2

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About Norwood 5067

The size of Norwood is approximately 2.2 square kilometres. It has 10 parks covering nearly 1.8% of total area. The population of Norwood in 2011 was 5,802 people. By 2016 the population was 5,982 showing a population growth of 3.1% in the area during that time. The predominant age group in Norwood is 20-29 years. Households in Norwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Norwood work in a professional occupation. In 2011, 49.8% of the homes in Norwood were owner-occupied compared with 50% in 2016.

Norwood has 4,541 properties. Over the last 5 years, Houses in Norwood have seen a 70.76% increase in median value, while Units have seen a 57.56% increase. As at 31 October 2024:

  • The median value for Houses in Norwood is $1,546,674 while the median value for Units is $690,947.
  • Houses have a median rent of $675 while Units have a median rent of $610.
There are currently 15 properties listed for sale, and 26 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 175 properties were sold in the past 12 months in Norwood.

Suburb Insights for Norwood 5067

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Mark Tettis
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Rino Pancione
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LJ Hooker Commercial Adelaide
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.