25 Company Street, Semaphore, SA 5019

*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 The licence was withdrawn in 1909 and the building was then used as a residence and after for a short time was the Ventnors Girls College.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 ID: #SHH4727