136 Playford HighwayKingscote SA 5223
Property Details for 136 Playford Hwy, Kingscote
136 Playford Hwy, Kingscote is a 14 bedroom, 1 bathroom House. The property has a land size of 41680m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (November 2022)
Kangaroo Island Cabins offers a terrific lifestyle and business opportunity in the Islands main township in Kingscote.
Exceptionally well maintained, the property generates a solid and reliable income and is perfect for the 'owner operator' who wants to cash in on the ability to live and work on site.
The property comprises;
10 Individually lettable cabins, a mix of 1 and 2 bedrooms all with en-suite bathrooms
Solid rental returns and trading figures are available on request
Comprises 3 freehold titles, spanning approximately 15 acres of 'park like' setting
The property is well configured over the 3 titles, enabling better lending ability with financial institutions. This may also enable better business partnership facility for those looking to purchase as a group or extended family.
Kingscote is the main township of Kangaroo Island and is central to the main tourist attractions. Kangaroo Island as a location is becoming a more sought after destination across the world, well known for the pristine environment, native wildlife & safe lifestyle.
KI Visitor numbers are now back on the rise, with many more South Australians holidaying in their own state, now is a great time to enter the lucrative holiday rental market and seize this business and lifestyle opportunity!
Property History for 136 Playford Hwy, Kingscote, SA 5223
- 31 Oct 2022Sold for $1,450,000
- 05 Sep 2022Listed for Sale RECENT SALES
- 25 Feb 2021Transferred
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About Kingscote 5223
The size of Kingscote is approximately 18.2 square kilometres. It has 21 parks covering nearly 3.8% of total area. The population of Kingscote in 2011 was 2,032 people. By 2016 the population was 1,820 showing a population decline of 10.4% in the area during that time. The predominant age group in Kingscote is 50-59 years. Households in Kingscote are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kingscote work in a labourer occupation. In 2011, 66.6% of the homes in Kingscote were owner-occupied compared with 64.3% in 2016.
Kingscote has 1,726 properties. Over the last 5 years, Houses in Kingscote have seen a 80.50% increase in median value, while Units have seen a 60.00% increase. As at 31 July 2024:
- The median value for Houses in Kingscote is $461,181 while the median value for Units is $348,870.
- Houses have a median rent of $380 while Units have a median rent of $185.
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