48 Magill RoadNorwood SA 5067
Property Details for 48 Magill Rd, Norwood
Last Listing description (May 2018)
Colliers International is pleased to present for sale 48 Magill Road, Norwood, an absolute prime retail/showroom, superbly located in the heart of the increasingly popular Magill Road precinct.
Key Investment Features include:
- A premium opportunity to secure a truly rare freestanding Magill Road asset
- Substantial land holding of 1,025 sqm* offering excellent long term development potential
- Unrepeatable location, 1 km from The Parade, Norwood and 3 km from the Adelaide CBD
- Favourable Mixed-Use zoning within the City of Norwood, Payneham & St Peters with potential for future redevelopment in residential (STCA)
- Prized on-site car parking for up to 10 vehicles
- Prominently positioned, with superb exposure to some 25,000* cars passing daily
*approx.
For sale by Public Auction to be held on-site Wednesday 21 March at 11.00am (ACDT).
To arrange an inspection or for more information, please contact Colliers International as the exclusive selling agents:
Oliver Totani +61 412 808 743
Jack Dyson +61 448 685 593
Tom Isaksson +61 422 154 570
Property History for 48 Magill Rd, Norwood, SA 5067
- 17 Apr 2018Sold for $2,332,000
- 20 Feb 2018Listed for Sale Not Disclosed
- 27 Jan 2010Sold for $1,100,000
Recent sales nearby
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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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