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59-61 Bayview Road
American River SA 5221

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 170m2
Land area: 2279m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Medium Confidence
Last updated 6 Jan 2025
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$900k
$1.00M
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Property Details for 59-61 Bayview Rd, American River

59-61 Bayview Rd, American River is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1981. The property has a land size of 2279m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1981
Floor Size
170m2
Land Size
2279m2
Local Government
Kangaroo Island
Lot/Plan
A16/D6695

Last Listing description (July 2023)

Another property sold. Please contact Nick or John for all your property advice.

Cooinda Holiday Village - home plus 4 units on 2 titles

Cooinda is an aboriginal word meaning 'Happy Place'; here's your chance to escape to Kangaroo Island to make a smart investment for your happiness. A splendid sea change property, set in a pristine and beautiful coastal environment, enjoy island life, and go fishing while your guests pay your bills.

The main home offers 4 bedrooms & 2 bathrooms. There are four 2 bedroom holiday units and a huge 14x7m workshop, all set on 2 titles with total land size of approximately 2300sqm, enjoying fabulous bay and harbor views of American River.

This income producing property offers the option of passive income with full time rentals, or short-term accommodation, on a walk in walk out basis

What we love about the property:
Superb location on the harbor of American river
Turn key, walk in / walk out with most home and unit furniture and items included
Lots of recent maintenance and improvements, the property is immaculate

Home;
Soaring raked timber ceilings
Large 7x4.5m living room with slow combustion wood heater and air conditioner
Light and bright spacious kitchen and dining area
Kitchen has 900mm wide freestanding gas cooker, loads of bench and cupboard space, and large breakfast bar
Primary bedroom has neat ensuite, walk in wardrobe and ceiling fan
Bedrooms 2, 3 and 4 all have built in wardrobes
Family bathroom has shower, bath, vanity and separate toilet
Laundry and lots of extra storage cupboards
8.3 x 6.5 carport
Raised deck

4 Units;
2 bedrooms with built in 'robes
Kitchen with 4 burner electric cooktop and breakfast bar
Living area
Bathroom with shower, toilet, vanity
Reverse cycle air conditioning and ceiling fan
Decked area to relax and take in the views
3 of the units come with own carport

Further income potential;
Once mains water is connected, there may be potential for another 4 units to be built on the current rainwater tank site, (subject to council consent)
Main home can also be leased short or long term, as it comes fully furnished

Outdoors:
Shed; 14x7m workshop with sliding door and personal door access, and adjacent pergola area
Well established garden & grounds

Services:
Mains power
9KW solar power
Mains sewer
Telephone line, wireless NBN internet
3 huge concrete rainwater tanks total 280,000L with mains water available later this year
Ducted reverse cycle heating and cooling to home
Wall unit air conditioners to units

Location;
American River is perfectly positioned, halfway between the main township of Kingscote and the Penneshaw ferry terminal. This peaceful gem is wrapped around the edge of Pelican lagoon, surrounded by beautiful bushland and wildlife. It is renowned for its fishing and birdwatching. A wonderful lifestyle location, offering peace, charm and village feel.

The wharf is at the centre of this small community. The Deck caf is found here, next to the "RIG" Boathouse, and the oyster farm shop and other eateries are nearby, general store and post office for convenience

Your time now;
If it's time to slow down and enjoy a change of pace, this property is well worth investigating. Relaxed and comfortable accommodation, and the cabins bring in a significant income source (further information upon request). Spectacular views, peace, and tranquillity, yet only 30 minutes from the main towns of Penneshaw or Kingscote. Kangaroo island is a tourism mecca, with so many natural wonders to explore. Excellent fishing, the local boat ramp is only 5 minutes away.

Come and check out this amazing place, you're gonna love it

OUWENS CASSERLY - MAKE IT HAPPEN
RLA 275403

Property History for 59-61 Bayview Rd, American River, SA 5221

A timeline of how this property has performed in the market
Last Sold
$920,000
29 Jun 2023
  • 29 Jun 2023
    Sold for $920,000
  • 24 Jun 2022
    Sold for $710,000
  • 10 Jul 2019
    Listed for Sale Not Disclosed
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About American River 5221

The size of American River is approximately 3.7 square kilometres. It has 10 parks covering nearly 13% of total area. The population of American River in 2011 was 215 people. By 2016 the population was 247 showing a population growth of 14.9% in the area during that time. The predominant age group in American River is 60-69 years. Households in American River are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in American River work in a managers occupation. In 2011, 68.5% of the homes in American River were owner-occupied compared with 76.6% in 2016.

American River has 645 properties.

    There are currently 10 properties listed for sale, and no properties listed for rent in American river on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in American river.

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