CBRE is pleased to offer for sale De Mole Estate, a world-class and iconic holding located on the pristine Kangaroo Island.
Comprising a spectacular 2,398* hectare estate with over three kilometres of stunning coastline, De Mole Estate has long been used in South Australian tourism campaigns to promote the natural beauty of Kangaroo Island to the rest of the world.
Offered for the first time in almost 50 years, De Mole Estate is in the secluded north-west corner of Kangaroo Island and features 61 Certificates of Title, along with approximately 3.7 kilometres of private coastline, including sandy beaches and rugged cliffs overlooking the Indian Ocean.
Key features of De Mole Estate include:
A flagship 2,398* hectare contiguous landholding, comprising 61 Certificates of Title, in one of Australia s most scenic locations.
Over three kilometres of stunning coastline and private access to Kangaroo Beach, ideal for snorkelling, fishing, swimming and whale watching.
Breathtaking landscape and natural environment that includes Fides Bluff, Whale Gully, Coveny s Gully and De Mole Beach.
Passive income of $50,000* per annum from a lease in place with a livestock grazing enterprise.
A unique development opportunity (Subject to Council Approval) in an internationally acclaimed tourism destination.
Structural improvements include a homestead, shearing shed, hay shed, several machinery / storage sheds and cattle and sheep yards.
*approximately
The size of De Mole River is approximately 31.7 square kilometres. It has 2 parks. The population of De Mole River in 2011 was 406 people. By 2016 the population was 5 showing a population decline of 98.8% in the area during that time. The predominant age group in De Mole River is 60-69 years. Households in De Mole River are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in De Mole River work in a managers occupation. In 2006, 58.7% of the homes in De Mole River were owner-occupied compared with 69.1% in 2011..
De Mole River has 35 properties. Over the last 5 years, Houses in De Mole River have seen a 122.54% increase in median value. As at 31 August 2024:
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