This is a rare "strike while the iron is hot" moment for Kangaroo Island. Traditionally, a coastal landholding of this caliber, boasting a full kilometer (approx.) of Southern Ocean frontage, would typically be out of reach for many. However, a change in vendor circumstances has created a massive valuation gap that savvy investors can exploit immediately.
The Opportunity: $400,000 Instant Equity Potential.
This property was previously positioned on the market for over $1M. The vendor is now motivated to exit, and we are seeking offers above $600k. This isn't just a price drop; it is a fundamental realignment of value that allows you to secure 40.7 hectares of pristine coastline at a fraction of its replacement cost.
Property next door sold in 2019 for $742,500 and stands as a great example of what a property could look like and the views to be enjoyed (current sale value estimate of $1,300,000); https://www.realestate.com.au/sold/property-house-sa-porky+flat-127290186
Strategic Highlights of Lot 3 Cape Hart Road
1km of private coastline: Approximately one km of direct frontage to the Southern Ocean. Land with this level of maritime exposure is finite and rapidly disappearing from the open market.
Development Ready: Existing planning approvals are already in place. Whether you envision a high-end tourism venture or a legacy private island retreat, the bureaucratic heavy lifting has been started for you.
Incoming Infrastructure Boost: Located just 45 minutes from the ferry terminal, with new, larger ferries commencing service shortly, and only 30 minutes from the prestigious new 5-star golf course.
Capital Appreciation: Kangaroo Island is currently experiencing a global surge in awareness. Securing a "trophy" landholding at this entry point provides a significant buffer for future capital growth.
Watch the property in motion here: Lot 3 Cape Hart Road - Kangaroo Island - https://www.youtube.com/watch?v=Srkp7glwA4A
What we love and appreciate about this property;
1. Genuine private wilderness retreat with the opportunity to sympathetically develop to maximise the views, sense of, privacy, space and connection to nature
2. Access to nature is yours to appreciate admire through the seasons – amazing blow hole, a private seal colony that lives there, rock pools to swim in, great spot for un-touched fishing and the rocks are just full of Green Lip Abalone, even the potential of cray fish
3. Numerous spots to position and develop your private Island coastal retreat or high-end tourism activity
4. Short distance from Penneshaw
5. Wineries and restaurants close by (Dudley Wines, False Cape, Sunset Sea and Wine and many more restaurants)
6. Kangaroo Island is gaining increasing awareness and the investment potential is significant
7. Builders are available with further advice and guidance available from the agent
Rates are $1740 p.a.
