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121a The Parade Norwood, SA 5067

Directions

121a The Parade,
Norwood, SA 5067

Hotel, Motel & Leisure

Key property information

Floor area

Car spaces

Private inspections

to arrange a private inspection.

Map of 121a The Parade

Directions
  • Train stations within 5 km of 121a The Parade, Norwood, SA 5067Distance
    Adelaide Railway Station2.7 km
    Victoria Square Station3.2 km
    Royal Adelaide Hospital4.1 km
    Mile End Station4.9 km
    North Adelaide Station5 km
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  • Tram stops within 5 km of 121a The Parade, Norwood, SA 5067Distance
    Stop 11 Stirling StNorth Side2 km
    Rundle Mall3.1 km
    Tram Pirie St3.1 km
    Adelaide Metro Free City Connector Bus and Tram3.3 km
    Tram Victoria Square3.3 km
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  • Bus stops within 5 km of 121a The Parade, Norwood, SA 5067Distance
    Stop 8 the ParadeNorth Side53 m
    Stop 8 the ParadeSouth Side79 m
    Stop 7 the ParadeSouth Side296 m
    6 the Parade - South Side474 m
    5 Magill Rd - South Side636 m
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Perfectly Sized (130m2) Ground Floor Restaurant

Located in the heart of the hospitality sector on The Parade this property is offered for long term lease on a 'walk-in/walk-out' basis.

This space is currently set up as a restaurant (Indian Cuisine) and the fit-out was undertaken in 2021. Transferable liquor license.

Current fit-out included dining area with chairs and table for up to 70 customers, male/female and disabled toilet facilities and 2 open cars paces in the rear carpark.

A liquor license is in place and able to be transferred to a suitable applicant.

Long term lease with options is in place and is able to be assigned or rewritten as a new lease to suit.

Competitively priced at under $100,000 p.a. gross + GST.

Norwood, 5067 demographic data

The median household income for Norwood is $1,752, 13% higher than Greater Adelaide's household income of $1,548. Norwood has an older age profile compared to the rest of Greater Adelaide (median age 40 vs 39). Property ownership data shows 38% of property owners in Norwood have a mortgage.

6,354
Population
$1,752 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
04122310...
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121a The Parade
Norwood, SA 5067
Jackman & Treloar Pty Ltd RLA478
Hub Australia, Level 1, Suite 1, 74 O'Connell Street
NORTH ADELAIDE, SA 5006