* A character property located in the coastal strip of Semaphore offering endless possibilities.
* Currently utilised as boarding room accommodation with eight rooms available for leasing, with currently the majority being occuped.
* Current leases are of periodic nature which offers great flexibility for the purchaser.
* All rooms are currently leased out at $110 per week marked with obvious potential to increase if being retained as a boarding room facility.
* The home is located very close to the beach and Semaphore Road which is ideal for the current boarders, as well as in the future the potential for a holiday rental or B&B concept.
* Student accommodation would also be a viable concept.
* For the live in purchaser the large internal area will give great scope and flexibility
* The villa has been well maintained with new copper piping throughout. There is a very low maintenance outside area, off street parking is available for multiple vehicles.
* A property that for the astute purchaser offers a unique chance to secure a spacious coastal villa with many viable concepts.

RLA 123460