11 Murray Street

Kingscote SA 5223

534 m²

Land

Last sold for $310,000

Michael Barrett, last sold this property on 02 March 2026 after 82 days on market.

Overview

Investment Opportunity - Leased to Australia Post

Century 21 Kangaroo Island offers this investment opportunity, 11 Murray Street Kingscote. Currently leased as a parcel postage facility to Australian Postal Corporation. Lease commenced 16 January 2023, initial lease term 5 years plus option for further 3 years. Lease inclusive of; Annual rent review fixed at 2.5% Mains power and water Toilet/wash room facilities Current rent $15,990 per annum Operating Costs/Outgoings - Lessee to pay costs in accordance with the lease. Zoned - Township Mainstreet Approximate dimensions of shed 23m x 11m, inclusive of concrete floor and concreted apron area surrounding the shed. Inspection strictly by appointment and all contact direct to the agent. Interested parties are requested not to visit the site without permission due to privacy reasons. For more information contact selling agents at Century 21 Kangaroo Island, Michael Barrett 0427 727 333 or Marnee Clifford 0486 312 375

Features

534 m² lot size

Land

Estimated Value

Based on this property and similar land plots sold in Kingscote over the last 12 months, the estimated median property value of 11 Murray Street is $245k.

Median value

$245k

Estimated value range

$61k - $350k

Median days on market

Estimated value trend

133%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Kingscote. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11 Murray Street

2026

Sold

$310,000

02 Mar 2026 by Michael Barrett, of Century 21 on Kangaroo Island

Happy sellers in Kingscote

We have insufficient information to provide an overview of customer satisfaction for Kingscote. Viewing the agent profiles, reviews and sales for Kingscote can provide insights for this location.