Home Industry News Semaphore’s iconic water tower to be auctioned next month

Semaphore’s iconic water tower to be auctioned next month

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Buyers looking for something a little different might consider Semaphore’s iconic water tower which is scheduled to be auctioned next month.

Owner Ben Ali told realestate.com.au that his grandparents bought the tower in 1973, initially as a weekend spot but later deciding to call it home.

According to the listing, the house is currently laid out as a large three-bedroom home with two self-contained units and has a majestic “castle feel.”

The house boasts three bathrooms, parking for eight (six outdoor, two in the garage) and stunning 360-degree views of the surrounding area.

The tower was originally built in 1880, delivering water to the LeFevre Peninsula for 20 years. In the 1900s, it was used for storage and to boost water pressure to assist local firefighters.

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Ali said that he has fond memories of family celebrations held in the water tower when he was growing up.

His grandfather was from Czechoslovakia (now the Czech Republic) and arrived with a suitcase full of cigarettes he won by playing cards on the journey to Australia.

The sale of the tower is being handled by Nick Psarros of Ray White Port Adelaide.

“The Semaphore Water Tower is a landmark property perfectly positioned in the heart of cosmopolitan Semaphore — you can’t miss it for its historical significance,” Psarros told realestate.com.au. “We decided to take it to auction because it’s hard to put a price on this property. It’s so unique and there’s nothing that has sold quite like this.”

The water tower is scheduled to go under the hammer on-site on Saturday, November 11 at 1pm.

Although Psarros said he expects strong interest in the unique property, there is no indication of the price it might fetch.

Semaphore is a seaside suburb located 14 kilometres from the Adelaide CBD in the City of Port Adelaide Enfield. The current median house price in Semaphore is $643,500, which is slightly higher than Adelaide’s $591,875.