Coastal Strip Development Opportunity on 1018sqm Set in a highly desirable location and only a short stroll to the rolling waves of the ocean, this large land holding offers the astute buyer many options. With a 1950's solid 3 bedroom home, this is a fantastic opportunity to renovate and extend, build your brand new dream home by the sea or take advantage of the generous land size with a 17m frontage and re-develop the site (STCC). The property is currently tenanted and would provide an additional income stream whilst gaining planning approvals. Zoned LeFevre Peninsula West Policy Area 58 within the Port Adelaide Enfield Council, multiple options exist here! Ideally positioned close to the beach, cosmopolitan Semaphore road, schools, public transport, parks/playgrounds and the West Lakes shopping precinct, what more could you ask for? Don't miss this rare opportunity to purchase in one of Adelaide's premier beachside suburbs. Contact Monica for further information on 0428 880 314.
The size of Semaphore South is approximately 0.7 square kilometres. It has 5 parks covering nearly 24% of total area. The population of Semaphore South in 2011 was 984 people. By 2016 the population was 1,025 showing a population growth of 4.2% in the area during that time. The predominant age group in Semaphore South is 40-49 years. Households in Semaphore South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Semaphore South work in a professional occupation. In 2011, 66.3% of the homes in Semaphore South were owner-occupied compared with 64.4% in 2016.
Semaphore South has 532 properties. Over the last 5 years, Houses in Semaphore South have seen a 70.59% increase in median value, while Units have seen a 87.92% increase. As at 30 November 2024:
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