LJ Hooker Commercial Adelaide is pleased to present to the market for lease 154B The Parade, Norwood.
Located on The Parade, the tenancy presents a rarely available, prime retail space located on one of South Australia's premium retail and dining high streets.
Centrally positioned in the heart of the Norwood shopping precinct, between The Parade and the recently completed COMO development. The tenancy benefits from fantastic foot traffic and high exposure position.
Located within close proximity to Norwood Mall, Coles, Norwood Place Shopping Centre, Foodland and Parade Central as well as other well-known retail, food and beverages businesses along The Parade.
Key features of this tenancy include:
- Prominent location in Norwood
- Complimentary surround businesses
- Suited for a range of uses (STCC)
- Public parking available both on The Parade and off Edward Street
- Easy access to public transport
- Lettable area of 119 sqm*
- Internal male and female toilets
- Available from November 2024
For more information or to inspect, please contact Rino Pancione or Mark Tettis.
*Approximately
RLA 231 015
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 4,697 properties. Over the last 5 years, Houses in Norwood have seen a 59.88% increase in median value, while Units have seen a 78.70% increase. As at 31 March 2026:
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