5 Esplanade, Tumby Bay SA 5605

This impressive building was once the Tumby Bay Hospital and is steeped in history. It is a building of substance and its size, position, character and class is second to none.
Set on a massive seafront allotment of 1534sqm with over 37 metres of frontage and rear lane access, the options for the future use of this incredible property are endless.

It is currently configured as 3 separate dwellings, all of which are in immaculate condition with their own individual style. The current owners have put much thought into ensuring all 3 homes offer comfortable living with their own designated outdoor areas and parking spaces.
There is 1 home with 3 bedrooms and the other 2 feature 2 bedrooms. They all have great sized kitchens, generous sized living spaces and split system air conditioning for those few days when you don't get the cool sea breeze.
There is a large shed which is ideal for all vehicle types and it also has a designated landlord area with toilet and basin. Currently it has some internal partitions to allow secure private use by 2 of the units.

Now let's think about how you might use or enjoy this property.
1. Retain as 3 x seafront long term rental properties = potential rental return per week of at least $1,200 per week
2. Let out separately as holiday rentals / Airbnb
3. Live in 1 and gain an income from the other 2
4. Utilise 1 as your own holiday home and rent the other 2
5. Purchase as a syndicate or family and each have your own holiday space
6. Subdivide into 3 seafront allotments (STCC), sell 2 blocks and build your dream home
7. Retain the whole massive block for yourself and build a modern & luxurious forever home that would be unequalled in Tumby Bay

You are only limited by your imagination.

To appreciate the character and size of this property, an inspection is a must.

We hope to see you soon.

RLA 274962