69-73 Cygnet Road, Kingscote SA 5223

5 Units, 3 Titles, Strong Returns and Further Development Opportunities.

Established Holiday Rentals – Kangaroo Island

- Centrally located, well maintained and upgraded units. Comprising of 2x 2 bedroom/1 bathroom and 3x 1 bedroom/1 bathroom units.
- Upgrades include new hot water services, split system air-conditioning units and electric ovens. The unit complex is on mains power and supported by a 10Kw Solar System, with mains water connected. Additional infrastructure includes a covered BBQ shelter, storage shed, rainwater tank and clothesline.
- Further development optional, viable and permissible (stpc) on the vacant 710m2 allotment.
- Low maintenance inside and out, set in established, easy care gardens.
- Consistent returns and forward bookings included with cleaning, gardening and laundry services currently outsourced.
- Bookings through Sealink and Travel Auctions. Huge potential to increase exposure and turnover, by engaging additional booking service providers.
- Income and expenditure available on request. Can be easily run and managed from off island or onsite alike.

A genuine sale after a 22 year tenure by the current vendor, who is looking forward to retirement and playing more golf.


Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. Elders Real Estate RLA62833