Home / Buy / Norwood / 507/254-256 The Parade, Norwood SA 5067
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507/254-256 The Parade, Norwood SA 5067$699,000 - $729,000
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Property 507/254-256 The Parade, Norwood SA 5067 secondary IMAGE
Property 507/254-256 The Parade, Norwood SA 5067 IMAGE

507/254-256 The Parade
Norwood SA 5067

$699,000 - $729,000

221Apartment


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Lifestyle, luxury, and low maintenance living all on the top floor of the Parade Norwood

Phone to arrange your private inspection. Introducing this 2 bedroom apartment in Norwood's tightly held and ever popular Nuova Complex. With contemporary design philosophy at heart, Pruszinski Architects have created the ideal lifestyle in this perfect lock and leave property. A smart floorplan consists of 2 bedrooms, (each with walk-in robe and ensuite), and open plan kitchen/living, all flowing onto the alfresco balcony overlooking east of The Parade and sensational hills outlook. Further features of the property include: - Designer kitchen with stone bench tops - Quality Miele appliances including gas cooktop, electric oven and dishwasher - Reverse cycle air-conditioning and heating - Secure car parking undercover - Floating timber floors and carpeted bedrooms - Stone tops to bathroom vanities - Instantaneous gas hot water system - Breeze walkway common areas allowing natural light and air between apartments - Currently tenanted until August 2022, however possibility of early termination for vacant possession Location Location.. This property has not only been designed with lifestyle and convenience in mind, however is also nestled in an area where convenience is of the utmost importance. Cafe culture, fine wine, and some of Adelaide's best restaurants are all at your doorstep, along with fashion boutiques, shopping centres, Hoyts Cinema, doctors surgeries, and the list goes on. Public transport awaits just outside the complex taking you on a short trip into the city. Zoned to Norwood Morialta High School and Marryatville Primary. Simply move in and start living!! Council Rates | $409 pq SA Water | $252.31 pq Strata (Community Corp) | $1194 pq Are you thinking of purchasing this property as an investment? Speak with our Property Management team on how we can assist you. All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice.

Local market info for Norwood

Data for Apartment/Unit based on the past 12 month period
Median growth 6.31%
Median Sold Price $455,000
Median Weekly Rent $255
Saint Ignatius' College - Junior School CampusSaint Ignatius' College - Senior School CampusSt Joseph's Memorial SchoolNorwood Primary SchoolThe Learning Sanctuary NorwoodIgnatius Early YearsMargaret Ives Community Children's Centre - NorwoodNorwood Out of School Hours CareSt Joseph's Memorial School OSHC - NorwoodRosemont House MontessoriLilliput Village Montessori

Homes investor insights on
rental returns

Homes estimates a median rental return of $255 per week for a 2 bedroom Apartment/Unit in Norwood.

Yield 0%
Growth Norwood* 0%

* 10 year average annual growth

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