OFF MARKET

232 The Parade
Norwood SA 5067

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
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Property Details for 232 The Parade, Norwood

232 The Parade, Norwood is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 87m2.

Building Type
Unit
Year Built
2019
Floor Size
87m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A81/F139161

Last Listing description (August 2016)

Perfectly positioned in cosmopolitan Norwood, the project will be built in stages with the 1st stage comprising 23 apartments of both 1 and 2 bedroom designs with retail ground floor tenancy, 1 allocated car park, 2nd car park available at cost of $50,000.

Ranging from smaller single bedroom 74sqm to 125sqm 2 bedroom apartments, the price starting at $485,000 and ranges to $720,000. Please note off plan purchasers qualify for a minimum $15,500 to a maximum of $21,330 in stamp duty concession providing a contract is entered into prior to commencement of construction (during construction the stamp duty concession will be reduced depending on development stage as at date of contract).


Please note a full rental and depreciation schedule are available with rents commencing for:

* 1 bedroom apartment with car park $420 - $450 per week
* Typical 2 bedroom 1 bathroom with car park $525 - $575 per week
* Typical 2 bedroom 2 bathroom with car park $595 $650 per week

With completion anticipated December 2018, the two apartment blocks have been designed by Studio 9 with the remaining 23 apartments having a mixture of 1, 2 and 3 bedroom designs above the existing heritage listed Bath Hotel.

Car parking will be secure and available on Levels 1 and 2 with an additional car park able to be purchased at the purchasers discretion.

Design and finishes will be of the highest quality with a choice of vibrant outlooks from the city skyline, Mt. Lofty Ranges, eastern suburb night lights and sun filled northerly aspect.

Full details available.

Property History for 232 The Parade, Norwood, SA 5067

A timeline of how this property has performed in the market
Listed for Rent
$580/w
30 May 2019
  • 27 Jul 2016
    Listed for Sale Not Disclosed

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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 4,555 properties.

    There are currently 8 properties listed for sale, and 20 properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Norwood.

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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.