Step up & savour the seaside from an historic foreshore icon

Follow the iconic Timeball Tower to an opportunity of a lifetime. Here against the vibrant foreshore, face the golden sunsets – and an exciting future – with a rare slice of Semaphore's past.<br/><br/>Originally the local police station and holding cells, today the c1890 bungalow is trading as La Adelita Mexican Cantina, and there's little that comes close to these views for dinner…<br/><br/>While the restaurant property has a long lease in place to its current tenants, one day your options might be to flip its "Cantina" style for more sophisticated dining or reinvent its commercial potential (subject to council zoning and consents.) <br/><br/>From its return verandahs, indoor and outdoor dining, a commercial kitchen and cool room space, patron and staff amenities, and magical sea views, its position alone with year-round foot traffic and rear on-street parking gives rise to multiple potentially profitable uses.<br/><br/>Armed with a rich history, a sea breeze, and arguably Adelaide's biggest seaside attractions around you, step up and savour it…<br/><br/>What an opportunity:<br/>C1890s return verandah restaurant/bungalow<br/>Magical sea views<br/>Adaptable premises for a multitude of uses<br/>High exposure site with local & tourist foot traffic <br/>Indoor & outdoor dining options<br/>Commercial kitchen space with an adjoining cool room<br/>Bar area & dining rooms with open fireplaces<br/>Staff & patron bathrooms<br/>986m2* allotment<br/>Land use: 2312 – Restaurant – Licensed<br/>Car parking and rear access from Newman Street<br/>Contact agent for full inclusions list & rental yield information<br/><br/>*Restaurant is operating as normal<br/><br/>*If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. Harcourts Smith (Kate Eliza Real Estate Pty Ltd) does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.<br/><br/>*Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon.<br/><br/>*The vendor's statement may be inspected at 77 Semaphore Road, Semaphore for 3 consecutive business days immediately preceding the auction; and at the auction; for 30 minutes before it starts.<br/> <br/>RLA 242793