OFF MARKET

32 Franklin Street
Kingscote SA 5223

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 836m2
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Property Details for 32 Franklin St, Kingscote

32 Franklin St, Kingscote is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 836m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1920
Land Size
836m2
Local Government
Kangaroo Island
Lot/Plan
A80/D1300

Last Listing description (April 2022)

Rare and unique, this historic settler cottage, circa 1903, has been fully renovated offering amazing charm and character.

The cottage has been diligently cared and presents in immaculate condition.

The historic value in the title's ownership notations makes for interesting reading and reflects past owners of the cottage highlighting historic and long standing Kangaroo Island families have stemmed from the then 'original and compact 2 bedroom stone walls'. A thread of internal family ownership has seen the cottage denied from presenting to the open market since 1956, an opportunity now afforded to the next astute purchaser.

Crafted from a combination of local limestone and timbers, these natural features have created a warm and inviting ambiance with the neutral colour selections crisp and clean to enhance the features of this charming residence. More recently and extension which is accessed via a covered breezeway has seen 2 more bedrooms and bathroom added to expand the overall floor space.

Benefits of the property also include slow combustion wood fire and reverse cycle split system air conditioning and undercover carport for the car.

Externally, the yard is beautifully presented with landscaped gardens, providing a peaceful and private place to unwind and let go of the worries of the world. There are two outdoor leisure areas to enjoy a BBQ with family and friends. Lockup shedding by way of two sheds, one 6m x 6m, the other 9m x 9m, are accessible through the carport. Boats, trailers and second vehicles can easily be locked away in the rear yard.

Ideal as a permanent home to live in or rental investment, be it permanent rental or holiday rental.

Kangaroo Island Council has the property zoned as 'Township Mainstreet' allowing for a mix of uses including business and retail activities, and is ideal for those looking to work from home in this Covid affected world.

A truly unique property blending the wonders of yesteryear with the sought after character of today! A very limited opportunity.

Contact local resident selling agent Michael Barrett at Century 21 on Kangaroo Island on 0427 727 333 to arrange a viewing.

Property History for 32 Franklin St, Kingscote, SA 5223

A timeline of how this property has performed in the market
Last Sold
$470,000
26 Apr 2022
  • 26 Apr 2022
    Sold for $470,000
  • 16 Mar 2022
    Listed for Sale UNDER CONTRACT/OFFER
  • 11 Mar 2021
    Sold for $405,000

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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 1,724 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:

  • The median value for Houses in Kingscote is $469,916 while the median value for Units is $290,184.
  • Houses have a median rent of $400 while Units have a median rent of $185.
There are currently 19 properties listed for sale, and 1 property listed for rent in Kingscote on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in Kingscote.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.