23 Vivonne Ave, Kingscote is a 3 bedroom, 2 bathroom House and was built in 2023. The property has a land size of 719m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
A terrific development opportunity has presented with these 2 vacant allotments, side by side in Vivonne Avenue in Kingscote.
Both Lot 4 & Lot 5 share a common boundary and are both priced at a very reasonable $39,500 each! This provides a total development area of approx 1450m2.
The land is well suited to building multiple homes over the 2 allotments, keeping the price more attractive for the end building sale price. Or for the builder, the site is perfect for land banking or building project homes.
Each allotment has sealed road frontage with kerb & gutter and overhead power passed the street front.
Also for sale individually.
At present there is a shortage of rental accommodation in Kingscote and this is a great time to build for investment. Affordable land is a key feature in providing a higher return on investment. Contact Michael Barrett on 0427 727 333 to discuss your options.
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 1,724 properties. Over the last 5 years, Houses in Kingscote have seen a 84.62% increase in median value, while Units have seen a 27.01% increase. As at 31 October 2024:
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