FOR SALE
Under Contract

12/94 Fullarton Road
Norwood SA 5067

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 215m2
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High Quality City Fringe Investment

Auction Location: 12/94 Fullarton Road, Norwood
LJ Hooker Commercial Adelaide is proud to present to the market, 12/94 Fullarton Road, Norwood for sale via Public Auction on-site, Friday 06/09/2024 at 11:00 a.m.
The property presents an opportunity for owner occupiers or investors to purchase a ground floor commercial unit in this award winning mixed use development. Situated on Fullarton Road, a major thoroughfare with high visibility and easy access. Flexible layout options that can be tailored to meet the needs of different businesses, including offices, retail spaces, or service-oriented business (STCC). The property comes with 6 on-site car parks.
Located on the corner of Fullarton Road and William Street the property commands fantastic exposure along one of Adelaide's most prominent office and showroom precincts. The property is located just minutes to the Adelaide CBD and a short stroll to the popular cafe and dining precinct of The Parade.
Key Selling Points:
Lettable area 215 sqm*
Great street exposure
Signage and branding opportunity
On-site parking for up to 6 cars (with three in the basement)*
19,900* cars passing daily
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Property Details for 12/94 Fullarton Rd, Norwood

Building Type
Commercial
Floor Size
215m2

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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, 174 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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Mario Bonomi
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LJ Hooker Commercial Adelaide
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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.