OFF MARKET

25 Company Street
Semaphore SA 5019

Bedrooms: 8
Bathrooms: 4
Car spaces: -
Land area: 789m2
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Last updated 11 Nov 2024
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Property Details for 25 Company St, Semaphore

25 Company St, Semaphore is a 8 bedroom, 4 bathroom House. The property has a land size of 789m2.

Building Type
House
Land Size
789m2
Local Government
Port Adelaide Enfield

Last Listing description (March 2021)

*We welcome you to inspect this property at any time by contacting Kate Smith on 0419183371 to arrange a private viewing. Our office has implemented precautionary measures and procedures for the safety of our vendors, you and our agents*

*Under tenant instructions prospective buyers must bring and wear a protective face masks upon entry, *

Dating back to circa 1870s, this historic Semaphore landmark being the former Kew Hotel is now yours to acquire. The hotel was licensed from 1879-1908. The licence was withdrawn in 1909 and the building was then used as a residence and after for a short time was the Ventnors Girls College.

The property was converted in to 4 flats, which is current to this day and is comprised over two titles on a total impressive land holding of 789sqm (approx.). The layout consists of 2 flats on each level, All of which are currently tenanted and bringing in an approximate gross rental yield for the 4 flats of just over $51,000.

Property features include;

- A total of 8 bedrooms
- 4 bathrooms + 4 W/Cs
- Open car spaces for 4 cars
- Bluestone and freestone construction
- Period features throughout
- All individual flats are fully equipped with private entries
- Generous surrounding grounds
- Impressive rental income

Secure your foothold in this growing beachside suburb or utilise the potential opportunity to restore to its former glory STCC.

*If a land size is quoted it is an approximation only. You must make your own inquiries as to this figures accuracy. Harcourts Smith (Kate Eliza Real Estate Pty Ltd) does not guarantee the accuracy of these measurements. All development inquiries and site requirements should be directed to the local govt. authority.

*Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon.

RLA 242793

Property History for 25 Company St, Semaphore, SA 5019

A timeline of how this property has performed in the market
  • 26 Oct 2020
    Listed for Sale Under Contract - Contact Agent
  • 02 Mar 2020
    Listed for Sale Contact Agent

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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, 44 properties were sold in the past 12 months in Semaphore.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.