2b Reeves St, Kingscote is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 793m2. While the property is not currently for sale or for rent, it was last sold in February 2005.
'Bay view Villas' located in Kingscote on Kangaroo Island offers 4 individually titled homes. A terrific purchasing opportunity as a 'going concern' business or real estate only.
Ideal as a individual, multiple owner (group) purchase or self managed Superannuation Fund.
Currently owned and operated by the one owner for holiday accommodation, listed with various operators including ferry service 'Sealink Kangaroo Island'.
The properties consist of;
Each home has 3 bedrooms, 2 bathrooms
Each Title is approximately 465m2 in size
Captivating and expansive ocean views over Nepean Bay
Sold 'Walk In Walk Out'
Trading figures relative to the holiday rental bookings are available on request.
Kangaroo Island is growing in visitor numbers and there are some exiting new opportunities for the Kangaroo Island Community on the drawing board. Right now is the time to get ahead of the field and secure your piece of income earning KI real estate!
Contact local resident agent Michael Barrett for more information and to arrange inspection. 0427 727 333
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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