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Sold on 5 Sep 2018

96 The Parade Norwood SA 5067

  • Development / Land
  • 620 m²
  • Sold

Exceptional Opportunity to Invest on The Parade, Norwood

Knight Frank is proud to be offering for sale an exceptional opportunity to secure a landholding in one of Adelaide’s most tightly held retail and commercial strips. 96 The Parade, Norwood is being offered for sale as an investment opportunity with future development upside (STNC) in one of the most prominent and highly demanded investment locations in Adelaide. With a significant frontage and profile to The Parade and successful tenant underpinning the Lease, this opportunity is sure to attract interest from land bankers, investors and future developers.

Further highlights of the property include:

- Site area of 620 sqm*
- Frontage to The Parade of over 20 m*
- Lease to April 2019 plus Option to April 2024
- Auto Masters: Successful automotive servicing brand with over 60 branches nationally
- The Parade, Norwood: Adelaide’s premier retail, commercial and lifestyle precinct
- District Centre (Norwood) Zone providing future development upside (STNC)
- Tenant responsible for all usual outgoings (excluding Land Tax)
- Annual rent reviews
- Current Net Rent: $91,800 p.a.*

For further information or to register your interest, please feel free to contact the below marketing agents.

*approximately

Property Highlights

Property ID2014362146
Date Sold5 Sep 2018
Floor Area320 m²
Land Area620 m²
ParkingAsk Agent
Category
Last updated  10 Jan 2019
Map for 96 The Parade Norwood SA 5067
Map for 96 The Parade Norwood SA 506796 The Parade Norwood SA 5067
Knight Frank Adelaide
Level 25 91 King William Street Adelaide SA 5000

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