Situated on the exclusive West Beach esplanade, 12 Seaview Road offers a rare and exciting opportunity rarely seen in the market place. Featuring three separate 2 bedroom apartments downstairs, and a luxury 4 bedroom penthouse upstairs, all on separate titles offering a multitude of possibilities. Whether for fixed term leases, Air BNB style holiday let accommodation or to move in and reside, you won't find another one like it. Currently running with all 4 units as holiday lets, returning approximately $170,000 in income last financial year.
Ideally positioned at the top of end of Seaview Road with only local traffic offering a peaceful and laid back setting. Featuring one of the best panoramic ocean views along Seaview Road, with Henley Jetty visible to the North and the Glenelg Pier to the South. With the much anticipated West Beach surf club redevelopment due to commence later this year, which will offer an exciting bar and restaurant destination only a few hundred meters away.
Features of the properties includes:
- Good overall condition, recently painted exterior.
- 1 lock up garage, with open car spaces for up to 4 vehicles on the site.
- Common undercover patio area (could be utilized as more undercover parking).
- Keyless entry to all apartments.
- Security cameras and lighting in all common area including the garage.
- Common laundry and linen storage area.
- Common lock up storage room.
- Stair access to the beach directly across from apartments.
Upstairs Penthouse:
- Over 200sqm of undercover living space.
- Private access via staircase.
- Wrap around oversized undercover balcony with BBQ facilities and uninterrupted sea views.
- 4 spacious bedrooms - master with walk in robe, bedroom 2 includes an ensuite bathroom.
- Expansive and spacious main open plan lounge/dining room.
- Large kitchen equipped laundry facilities, dishwasher, puratap, cooktop and plenty of bench space and cupboard storage.
- Second bathroom includes a separate bath and shower.
- Added storage cupboards.
- Ducted evaporative cooling system.
Downstairs Apartments 2 and 3:
- Dual entry access.
- Both units feature large undercover ocean terraces with an inbuilt BBQ.
- 2 good size bedrooms (ceiling fan in main bedroom).
- Open plan lounge/dining area.
- Recently renovated bathroom with floor to ceiling tiles includes a shower, vanity and toilet.
- Neat updated kitchen includes, puratap, dishwasher. gas cooktop and laundry facilities.
- Split system reverse cycle heating/cooling unit.
- Modern neutral color scheme.
Downstairs Apartment 4:
- Offers the most private of the 3 downstairs apartments.
- Side paved outdoor terrace with ocean views.
- 2 bedrooms (ceiling fan in main bedroom).
- Open plan lounge/dining area.
- Recently renovated bathroom with floor to ceiling tiles includes a shower, vanity and toilet.
- Neat updated kitchen includes a puratap, dishwasher and gas cooktop.
- European style laundry.
All this and more in the tightly held and exclusive seaside suburb of West Beach. Positioned with close proximity to Westwood Ho golf course, Henley Square, Harbor Town, the airport, public transport, boat ramp and Jetty Road Glenelg.
With interest rates at record levels there has never been a better time to invest in the property market. Whether buying to move in upstairs and collect the rent below, for investment, using a self-managed super fund or as a joint venture this is an opportunity not to be missed.
Expressions of Interest Close Tuesday 13th of April 2021 (unless sold prior).
RLA183205
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