Expressions of interest are being sought after in relation to the purchase of this prime piece of Real Estate in the heart of the world renowned Glenelg Beach precinct.

A landmark property of Colley Terrace this Grand Victorian Mansion known as “Maritimo”, built in 1890, is currently disposed of as 14 fully self contained long term rental apartments of varying sizes with 10 car park spaces.

The Glenelg suburb is a world renowned beachside suburb and offers one of, if not the best, entertaining and restaurant hubs in South Australia. The beach is considered, without much doubt, the premier beach of South Australia and Glenelg is branded a major Tourist destination.

The sites are literally metres away from the main strip of Jetty Road and overlook the magnificent Colley Reserve and Glenelg Beach. Shopping facilities, public transport and the beach, are all less than a minutes walk away. Truly a world class location and world class opportunity.

The opportunities and possibilities for this site are endless and major points of consideration include:

Blue Chip location with sea views
14 self contained apartments on 2 separate titles
1137sqm Total site area (2 titles combined)
Potential Re-development opportunity (STCC)
Potential Community Title opportunity (STCC)
2 street frontages- Colley Terrace and Durham Street
Set In the heart of the Glenelg shopping and entertainment hub.
An extremely rare and exciting prospect

Expressions of interest close at 4pm on Friday March 28th. Please contact Kevin Daminato on 0414 568 715 for further information in relation to this staggering opportunity.