FOR SALE
EOI closing 10/12/24 at 12.00pm

10 Union Street
Semaphore SA 5019

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 1170m2
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'Old Priory' – a fabled piece of history built in c1896 located just 50 metres from the Esplanade on a very rare 1,170 sqm (approx).

Depicting a first impression of grace and elegance whilst beholding a beautiful history spanning over multiple generations, this c1896 Victorian residence and its very rare 1,170sqm slice of seaside Semaphore is ready to change hands for the first time in 56 years - and it is our extreme pleasure to present it.
First constructed for Edmund Elkan – an importer and agent – the home became the Priory of the Carmelite Fathers of Port Adelaide Catholic Parish, before eventually forming the much-loved home of a growing family of nine.
More recently converted into three self-contained units, there is unlimited scope to acquire the property as an astute investment or restore it to its much-deserved former glory.
With Adelaide recently being the named the world's most beautiful city by famed Architectural Digest – and the Victorian architecture of Semaphore Beach receiving a special mention - we're certain the demand for a property this close to the beach would be infinite!
As for the nostalgic character adorned throughout the home, along with the natural light permeating through stained glass and atrium floor-to-ceiling windows, no matter where you are in the home you're reminded just how close you are to the sunny shores (100m to be exact), bringing a coastal-inspired calm to its glorious turn-of-the-century architecture.
With a rich history that cannot be recreated - and one of only two structures remaining with a railed rooftop lookout - this is your once-in-a-lifetime chance to own an iconic piece of Semaphore's past with an incredibly bright future...
Property features:
• Three self-contained units or one immense family home
• Grand panelled entrance hallway
• Ornate archways, stained glass, bay windows & high ceilings
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Property Details for 10 Union St, Semaphore

10 Union St, Semaphore is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1170m2. The place is currently for sale with Alexander Real Estate.

Building Type
House
Land Size
1170m2

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About Semaphore 5019

The size of Semaphore is approximately 1.2 square kilometres. It has 4 parks covering nearly 6.6% of total area. The population of Semaphore in 2011 was 2,825 people. By 2016 the population was 2,779 showing a population decline of 1.6% in the area during that time. The predominant age group in Semaphore is 50-59 years. Households in Semaphore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Semaphore work in a professional occupation. In 2011, 65.4% of the homes in Semaphore were owner-occupied compared with 67.3% in 2016.

Semaphore has 1,517 properties. Over the last 5 years, Houses in Semaphore have seen a 61.89% increase in median value, while Units have seen a 110.12% increase. As at 31 October 2024:

  • The median value for Houses in Semaphore is $1,005,097 while the median value for Units is $619,510.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 7 properties listed for sale, and 8 properties listed for rent in Semaphore on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Semaphore.

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Penny Riggs
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