14A Percy Street, Semaphore SA 5019

Newer beachside townhouse | 96% site coverage | 4 car spaces | heritage overlay | near Esplanade This property presents a modern, low-maintenance beachside alternative within a heritage streetscape, a configuration rare for Semaphore. Its four car spaces and high building coverage deliver functional density, catering to downsizers or professionals seeking a lock-and-leave coastal lifestyle with ample utility. The recent build quality and ducted air conditioning offer immediate comfort, positioning it as a turnkey solution in a high-demand location. The primary risk is the heritage overlay, which may constrain future alterations and requires council approval for changes. The 96% coverage limits outdoor space and landscaping potential, a trade-off for the internal living area. Given the strong rental demand and premium for newer stock, this property can perform as a high-amenity primary residence or a competitive rental investment. Proceed with a clear understanding of overlay restrictions, as the property’s value is firmly anchored in its modern convenience and location, not its land bank. Recent comparable sales data is not available for this specific address. However, current listings in the area provide context: a larger 4-bedroom house at 11 Turton Street (411m²) and a smaller 3-bedroom house at 41 Ansell Street (366m²) are both headed for auction. This indicates active buyer competition for Semaphore properties, though direct value comparison is limited due to differing land sizes and building types. The lack of direct sales history for this townhouse necessitates a valuation focused on its specific attributes versus suburb medians.