326 The Parade Kensington SA 5068
Property Details for 326 The Parade, Kensington
Last Listing description (November 2022)
Presenting an exceptional eastern suburbs commercial office, 326-328 The Parade is underpinned by a significant 918 square metre* land holding. Architecturally designed, the open plan office of 344 square metres* (GBA) offers a versatile space ideal for owner occupiers looking to establish their business in the affluent eastern suburb of Kensington.
The property is offered with a short term 3 month lease to CSSP, with potential to extend on a monthly basis, providing valuable holding income for buyers. The tenant pays approximately $8,200 per month gross (plus GST).
Superbly located within walking distance of Norwood retail precinct, and Pembroke School, the property benefits from ease of access and connectivity to the surrounding road network. Positioned just 4 kilometres* from Adelaide CBD the property further offers dual access from The Parade and rear laneway and enjoys onsite car parking for approximately 10 vehicles.
Key features include:
Onsite car parking for 10 vehicles*
918sqm* of land area
Zoned Business Neighbourhood ideal for a range of uses
Valuable holding income of $8,200 per month
344sqm* (GBA) of flexible building area
Dual street access
Future development potential (stnc)
4km* from Adelaide CBD
1km* from The Parade Norwood retail precinct
326-328 The Parade, Kensington is offered for sale by Expressions of Interest closing Thursday 24th November 2022 at 3:00pm (ACDT).
For further information, or to arrange an inspection, please contact the Colliers team.
Property History for 326 The Parade, Kensington, SA 5068
- 22 Dec 2022Sold for $2,306,000
- 24 Oct 2022Listed for Sale Please contact agent
- 29 Jun 2007Sold for $215,000
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0About Kensington 5068
The size of Kensington is approximately 0.5 square kilometres. There are 3 parks, covering nearly 1.8% of the total area. The population of Kensington in 2016 was 1769 people. By 2021 the population was 1808 showing a population growth of 2.2% in the area during that time. The predominant age group in Kensington is 30-39 years. Households in Kensington are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kensington work in a professional occupation.In 2021, 45.20% of the homes in Kensington were owner-occupied compared with 41.90% in 2016.
Kensington has 904 properties. Over the last 5 years, Houses in Kensington have seen a 46.25% increase in median value, while Units have seen a 60.32% increase. As at 31 July 2026:
- The median value for Houses in Kensington is $1,551,413 while the median value for Units is $804,395.
- Houses have a median rent of $720 while Units have a median rent of $580.
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