Set on a naturally elevated corner site of approx 894sqm with a frontage of 19.45m, this unique investment/development opportunity boasts a northerly aspect, full 180 degree coastal views and rear access for garaging. Continue to rent out the current maisonettes, build the ultimate beachfront residence, or create an esplanade development subject to City of Holdfast Bay approvals.
Currently disposed with a pair of 1920s maisonettes, they retain many period features, are in good condition & both are currently tenanted. Each offers a double garage to the rear, 4 main rooms with a large central lounge (with fireplace) and a large double bedroom at the front with built-in wardrobes. The enclosed verandahs are pleasant places for dining, studying, or simply relaxing & enjoying the splendid vistas of the coastline & Gulf St Vincent.
Seacliff is unquestionably one of the finest beachside suburbs of metropolitan Adelaide, featuring wide and unspoilt beaches, revegetated sand dunes, cafes, restaurants and prime recreation facilities.
Enjoy spectacular views of Kingston Park & the Marino Rocks headland with its lighthouse to the south, & north to Brighton jetty, illuminated at night. The large, landscaped Neill Reserve is also in close proximity to the property.
Equally importantly, the property enjoys very convenient access to excellent shopping & public transport, being a five minute walk from a key commuter train service to the CBD, five minutes drive from a supermarket & speciality shops, & just over 15 minutes drive from Adelaide International Airport.
The property has been in the hands of the present owners for over 40 years, shown remarkable capital growth and now offers a rare opportunity to put your stamp on this unique piece of prime Esplanade real estate.