OFF MARKET

188 Island Beach Road
Island Beach SA 5222

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 2917m2
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Property Details for 188 Island Beach Rd, Island Beach

188 Island Beach Rd, Island Beach is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1992. The property has a land size of 2917m2. While the property is not currently for sale or for rent, it was last transferred in February 2023.

Building Type
Unit
Year Built
1992
Land Size
2917m2
Local Government
Kangaroo Island
Lot/Plan
A120/D6393

Last Listing description (January 2019)

Island Beach is one of Kangaroo Island's best kept secrets where couples and families escape to getaway for the perfect retreat. Whether it's just for a weekend or to stay weeks on end, you can enjoy the unspoilt sandy beach which will provide excellent fishing, boating and swimming. Conveniently located close to picturesque Penneshaw and American River with just a short drive away from the rugged south coast and magnificent surf of Pennington Bay.
This perfect investment opportunity consists of a total of four two bedroom fully furnished dwellings. There is currently two separate owners and there are two dwellings on two individual titles and now the whole package of four are up for grabs.
Ideal for a Superannuation Fund or Syndicate to purchase and continue the investment with either just two or the package of four. It's a walk-in, walk out sale and you could continue this very niche business with the renting out of four or just occupy one full time and be on site to manage the other three.

Just like the waves on the beach, the income will just roll in from peak seasons to weekend retreats for the holiday makers.
These cottages have boundless potential and are only limited by the imagination of the creative & astute investor.
Talk to the agent today to further learn how these four gems can work for you!

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Property History for 188 Island Beach Rd, Island Beach, SA 5222

A timeline of how this property has performed in the market
Last Transferred
01 Feb 2023
  • 01 Feb 2023
    Transferred
  • 17 Jan 2019
    Listed for Sale $225,000
  • 19 Dec 2018
    Sold for $220,000
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About Island Beach 5222

The size of Island Beach is approximately 2.1 square kilometres. The population of Island Beach in 2011 was 321 people. By 2016 the population was 25 showing a population decline of 92.2% in the area during that time. The predominant age group in Island Beach is 70-79 years. Households in Island Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Island Beach work in a managers occupation. In 2011, 82.3% of the homes in Island Beach were owner-occupied compared with 66.6% in 2016..

Island Beach has 358 properties. Over the last 5 years, Houses in Island Beach have seen a 103.25% increase in median value, while Units have seen a 44.14% increase. As at 30 September 2024:

  • The median value for Houses in Island Beach is $568,590 while the median value for Units is $513,645.
There are currently 8 properties listed for sale, and no properties listed for rent in Island beach on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Island beach.

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