OFF MARKET

509/256 The Parade
Norwood SA 5067

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 133m2
Land area: 39m2
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Property Details for 509/256 The Parade, Norwood

509/256 The Parade, Norwood is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2018. The property has a land size of 39m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
2018
Floor Size
133m2
Land Size
39m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
F509/C41725

Last Listing description (August 2023)

Style, sophistication and quality are hallmarks of this stunning light-filled penthouse apartment on the fifth level of the prestigious Nuova apartment complex situated in Adelaide's premium eastern suburb Norwood. A benchmark in apartment living, it cleverly combines high-end designer elements and luxurious interiors of warm tones in a strikingly contemporary yet refined palette.

Spacious north-facing open plan living is a feature of this three bedroom, two- bathroom residence, with valuable three-car garaging and generous secure storage cage located in the carpark. Floor-to-ceiling doors open out from the kitchen, dining, living space to the generous wrap around balcony. Views, abundant northern light and big skies . . . this penthouse apartment offers cosmopolitan living at its finest.

The entry opens to the sizable kitchen/dining/living area finished with timber flooring, high ceilings and quality floor-to-ceiling drapes. The kitchen is equipped with quality appliances and plentiful cupboard space. And if outdoor cooking is on the menu, the balcony is plumbed for gas.

The three plushly carpeted bedrooms with over-size windows provide stunning views of the surrounding area, with the main bedroom incorporating a walk-in robe and en suite. Bedrooms two and three have built-in robes. Both the en suite and main bathroom boast spacious showers, as well as plentiful cupboard space and tasteful vanities. A powder room is to the right of the entry foyer, and the laundry with room for washing machine and dryer, plus ironing board, is perfectly tucked away.

Built in 2019, Nuova is recognised for its distinctive contemporary design. It comprises two towers, and includes 36 high-quality apartments, two levels of car parking and retail shop fronts at street level.

Entry is via the carpark or the secure pedestrian entry fronting Norwood Parade. The complex's high-quality workmanship and finishes feature, and the airy walkways create a sense of light and space.

Spectacular views to the north, east and west take in the magnificent church, with its tall spire, and further to the eastern suburbs and foothills. The views to the north and west are all about the buzz of the Parade, and to broader Adelaide beyond.

Public transport is on the doorstop, and the Parade is home to a plethora of cafes, bars and fine dining venues, as well as retail, cinemas, gyms and Norwood Oval. The area is zoned for Norwood Morialta High and Marryatville Primary School.

Special features:

A flawlessly finished north-facing penthouse apartment
Three car spaces
Voice and video intercom
Boutique complex comprising only 36 apartments
Generous storage cage in carpark
Ducted reverse cycle air conditioning
Outstanding location on Norwood Parade

AGENTS: Charles Booth 0408 898 287 and Jack Booth 0418 818 925
RLA: 294724 & 316780

Property History for 509/256 The Parade, Norwood, SA 5067

A timeline of how this property has performed in the market
Last Sold
$1,150,000
08 May 2019
  • 15 Aug 2023
    Listed for Sale $1.85M
  • 08 May 2019
    Sold for $1,150,000

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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.

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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.