OFF MARKET

254 The Parade
Norwood SA 5067

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 80m2
Land area: 1747m2
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Property Details for 254 The Parade, Norwood

254 The Parade, Norwood is a 2 bedroom, 2 bathroom Unit and was built in 2018. The property has a land size of 1747m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2010.

Building Type
Unit
Year Built
2018
Floor Size
80m2
Land Size
1747m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A210/F29041

Last Listing description (June 2022)

Move-in tomorrow! Amazing modern apartment building looking for retailers to move in.

- Successful and proven strip with enormous foot traffic

- Brand new stunning building

- 1 Tenancy left Available For Lease - 194m2

- Opportunity For Retail Or Service/Office Use

- Available now

Fantastic architecturally developed retail opportunity in the heart of Norwood.

251 256 The Parade, Nuova, presents opportunities for four ground-floor retail tenancies available for lease. Ranging from 84sqm to 194sqm, these tenancies are located either side of the entrance to the apartments, making it ideal for retail and food & beverage occupancies.

This fantastic retail/hospitality opportunity is located at the eastern end of The Parade, situated in close to thriving local businesses including The Bath Hotel and Norwood Swim School, along with many other national and local retailers.

Nuova, is a development of 36 apartments, within two buildings connected by open, elevated and protected walkways.

Do not miss this opportunity to become a part of Norwood's next big thing. The location benefits from incredible numbers of both local and tourist traffic, ensuring fantastic exposure for your business.

Property Code: 1295

Property History for 254 The Parade, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$4,000,000
05 Mar 2010
Listed for Rent
$1.05k/w
07 Jun 2022
  • 04 Jun 2019
    Listed for Rent - Price not available
  • 23 Jan 2019
    Listed for Rent - Price not available
  • 26 Jul 2018
    Listed for Rent - Price not available
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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 13 properties listed for sale, and 27 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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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.