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Developers showing strong interest in a former theological college site in Rostrevor and real estate experts predict that it will transform into upmarket housing.
The 1.19ha site of the former St Francis Seminary, now Hosanna Heights student accommodation was put on the market February 2013, with Professionals Glynde agent Charlie Riebolge handling the sale. Charlie envisages the site on the corner of Morialta and Stradbroke roads being redeveloped into upmarket houses. “It’s a big, flat block, which would be perfectly suited for residential development…there’s a lot of demand from people looking to build a nice house in that location” he told the East Torrens Messenger, March 13 2013.
The seminary which was built in 1942 was transformed into student housing in 1998. David Lee, vendor of the site, said that he hopes to see some houses there as it is a lovely area he wants to share.