39 Charles StreetNorwood SA 5067
Property Details for 39 Charles St, Norwood
Last Listing description (April 2017)
Situated in arguably one of the best and most desirable inner metropolitan suburbs of Adelaide, 39 Charles Street, Norwood provides an outstanding office investment comprising a two level recently refurbished office building including valuable onsite parking for at least 14 vehicles
A well established and high quality 2 level office building of some 938sqm (approximately)
A fully leased net income of $226,952 per annum (approximately)
Extensive exposure to Charles Street with frontage of 25 metres (approximately) offering onsite car parking
for 7 vehicles
Valuable off street car parking for 14 vehicles (accessed via Charles Street and Docker Lane)
Walking distance to both the Adelaide CBD and the Parade metropolitan Adelaide s best performing High
Street
Significant site area of 1,002sqm (approximately)
Fundamentally sound premium inner metropolitan office investment.
*Approximate
Property History for 39 Charles St, Norwood, SA 5067
- 08 Apr 2016Sold for $3,250,000
- 02 Feb 2016Listed for Sale EXPRESSIONS OF INTEREST
- 28 Feb 2013Listed for Rent $345,000 / year
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About Norwood 5067
The size of Norwood is approximately 2.2 square kilometres. There are 10 parks, covering nearly 1.8% of the 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 4,743 properties. Over the last 5 years, Houses in Norwood have seen a 51.36% increase in median value, while Units have seen a 66.50% increase. As at 30 June 2026:
- The median value for Houses in Norwood is $1,722,380 while the median value for Units is $865,664.
- Houses have a median rent of $743 while Units have a median rent of $600.
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