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150 The Parade Norwood, SA 5067

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150 The Parade,
Norwood, SA 5067

Shops & Retail

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** SOLD **

A perfectly positioned investment property with valuable dual frontages.
Fully leased to 2 established Tenants.
Quality improvements with low maintenance requirement disposed to accommodate 2 prime retail tenancies, all with excellent amenities.
Securely leased to 2 established Tenants with estimated net passing income of approx $110,000.00 PA (GST Excl).
The property's location and standard of improvements combine to make this a desirable investment holding, located right in the heart of Norwood Parade, arguable Adelaide's most sought after and tightly held eastern suburbs retail precinct.

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
08 8410 644...
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150 The Parade
Norwood, SA 5067

Detailed listing

Negotiators Real Estate - Adelaide
Level 2, 195 Victoria Square
ADELAIDE, SA 5000

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