154A&B The Parade, Norwood, SA 5067 | Commercial for sale | OnTheHouse
 
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154a&B The Parade
Norwood SA 5067

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 353m2
Land area: 289m2
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Auction Time
Thu 18 Dec 12:00 pm
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Trophy Norwood Parade Investment

Auction Location: 154A&B The Parade, Norwood SA 5067
LJ Hooker Commercial Adelaide are proud to present to the market 154A&154B The Parade, Norwood via Public Auction on-site 18/12/2025 at 12:00 p.m.
Proudly positioned in one of Adelaide's most prestigious and tightly held retail and lifestyle precincts, 154A & 154B The Parade offers an exceptional opportunity to secure a blue-chip, multi-tenanted investment in the absolute heart of Norwood.
This irreplaceable property is offered to the market for the first time in years, presenting an outstanding chance to acquire a highly sought-after asset along one of South Australia's most iconic high streets.
Comprising two premium commercial holdings with three established tenants, the property delivers strong, reliable income underpinned by long-standing businesses and outstanding local demographics. The site benefits from impressive frontage to The Parade, high pedestrian activity, and exceptional surrounding amenity, ensuring continued demand in this tightly held location.
The asset represents a rare chance to secure a true trophy investment with durable income and excellent future repositioning or value-add potential (STCC).
Key Highlights
Net income: $260,971.60 per annum*
Three quality tenants providing diversified and stable income to National Pharmacies and two fashion boutiques
Prime high-profile position in the heart of Norwood's premier retail and commercial strip
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Property Details for 154a&B The Parade, Norwood

Building Type
Commercial
Floor Size
353m2
Land Size
289m2
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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 2016 was 5953 people. By 2021 the population was 6354 showing a population growth of 6.7% in the area during that time. The predominant age group in Norwood is 30-39 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 2021, 51.20% of the homes in Norwood were owner-occupied compared with 50.00% in 2016.

Norwood has 4,656 properties. Over the last 5 years, Houses in Norwood have seen a 59.22% increase in median value, while Units have seen a 76.55% increase. As at 31 October 2025:

  • The median value for Houses in Norwood is $1,547,931 while the median value for Units is $849,898.
  • Houses have a median rent of $670 while Units have a median rent of $610.
There are currently 7 properties listed for sale, and 19 properties listed for rent in Norwood on OnTheHouse. According to Cotality's data, 293 properties were sold in the past 12 months in Norwood.

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Rino Pancione
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Mark Tettis
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LJ Hooker Commercial Adelaide
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