51 Kauri Parade, Seacliff, SA 5049
Sold: $685,000 (04-05-2013)- hotel 19
- hot_tub 4
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A well maintained and fully equipped registered 18 bedroom Student Lodge returning $140 per room in an enviable and highly sought after beach location.
The building is set up in such a way that you can privately reside onsite whilst managing this excellent investment opportunity with an original turn of the century character home boasting huge main rooms, stunning polished floor boards & high ceilings for your own use or alternatively you can arrange to have an off site manager.
The block is approximately 900sqm with a wide frontage enabling the site to also be subdivided into two allotments (subject to council consents) and the site is currently zoned Residential.
The current family who own and manage this property acquired it in 2008 and renovated it to its current condition. Due to a change in lifestyle and work commitments they are required to sell up and tell me that any reasonable offer will be of serious consideration.
Both Flinders University and the city University Students have chosen to reside at this premises over the years for the ease of commuting to and from Uni on the adjacent train and/or bus located within short walking distance along with the really clean furnished rooms and amenities.
For further information please call or email Sarah Williams on 0412 991 493 or sarah.williams@harcourts.com.au.