7 Chapman TerraceKingscote SA 5223
Property Details for 7 Chapman Tce, Kingscote
7 Chapman Tce, Kingscote is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 2022. The property has a land size of 760m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (August 2023)
Century 21 on Kangaroo Island offers this rare opportunity to purchase a brand new home on the seafront of Kingscote!
Positioned in one of Kingscote's finest locations, this modern split level elevated property makes for the perfect holiday home. The upper storey offers uninterrupted views over Nepean Bay, the yacht club beach and the distant 'Redbanks Cliffs.' Whether you're looking to move in and enjoy, offer to the rental market or keep this easy-care property as your personal holiday hideaway, there is certainly a multitude of options.
The floorplan has been designed to capture sea views in almost every room. The neutral and stylish kitchen is a central feature of the main upstairs open living space, enjoyed by those who love to prep meals in the company of others. Emphasizing the spacious feel is the 9ft ceilings throughout the home, a luxurious feature added to the build.
Peel back the glass double sliding doors which connect the living space to the front balcony, an ideal place to soak up the serenity. Be it a morning coffee or an afternoon BBQ, it's right at your fingertips.
Property Features:
- 4 bedrooms, 3 bathrooms
- Master bedroom located upstairs with W.I.R
- 3 bedrooms downstairs
- 2 separate living areas, (one upper, one lower) great for large families
- Neutral colour palette throughout
- Well thought floor plan with open plan living, dining and kitchen space
- The living area opens out to the front deck through glass sliding door, great to entertain
- Well appointed kitchen, electric stove top/oven and space for a dishwasher
- Ducted Reverse Cycle Split System Air Conditioning - ideal for holiday rental
- Gas hot water system
- Mains water and electricity
The home has the added benefit of increased tax depreciation given how new the structure is. Homes not previously occupied can also meet the criteria under the FIRB rules (Foreign Investment Review Board).
Yes, the external canvas is blank and in need of landscaping, this is where you can apply your personal touch! A simple level and lawn, something more elaborate with a selection of coastal plants, perhaps a rear pergola? Being resident agents here on KI, we have the contacts to assist you with this process and would be only too happy to discuss this further.
It's the perfect 'beach house' just a short walk to the 'Yacht Club Beach,' where you can fish, swim, kayak, sail and more. Immediately adjacent, the Kangaroo Island Council has more recently constructed a walking trail along the seafront reserve which leads either into Kingscote or to Brownlow, encouraging people to get active and enjoy the seaside surrounds!
An excellent opportunity to enter the lucrative holiday rental market and secure your piece of prime real estate. Inspection is welcome. Contact local resident selling agents Lili Barrett on 0459 393 514 or Michael Barrett on 0427 727 333.
Property History for 7 Chapman Tce, Kingscote, SA 5223
- 28 Aug 2023Sold for $690,000
- 19 Jun 2023Listed for Sale UNDER CONTRACT/OFFER
- 25 Jul 2019Sold for $263,800
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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.
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