For Sale

3 Margaret St, Kingscote, SA, 5223

$350,000 to $370,000

3
1
2
0 m²
705 m²

House

•

What's around 3 Margaret St

Affordable Kingscote Living with Income Potential

Century 21 on Kangaroo Island is pleased to offer 3 Margaret Street, Kingscote to the market. Set on a generous 705m² allotment, this 3 bedroom, 1 bathroom home offers a great combination of comfort, convenience and income potential, making it an appealing option for those looking for a home, holiday property or investment on Kangaroo Island. Originally built in 1960, the property has been thoughtfully renovated and updated over the years while retaining the charm of an established home, including the original Jarrah floorboards. The practical layout provides three bedrooms, a central bathroom and comfortable living spaces, with the property ready to be enjoyed from day one. Outside, the property offers a large, fully fenced backyard with double gates providing easy access. The established, easy care gardens to both the front and rear are complemented by a new garden shed and rainwater tank, adding to the practicality of the property. A standout feature is the new 6.6kW solar system paired with an impressive 18kWh battery, providing the benefits of renewable energy and energy storage. Currently operating as a holiday home and managed locally, the property offers the opportunity for a new owner to continue with the existing holiday letting arrangement. The current management team is happy to continue managing the property on behalf of the new owner, if desired, allowing for an easy transition. The property is being offered for sale fully furnished, walk-in/walk-out, allowing the successful purchaser to step straight into the existing holiday letting operation. An inventory list is available upon request. Conveniently located close to the local school and childcare, with Kingscote's main street, shops, cafes, dining and foreshore all within easy reach, the position is well suited to both holidaymakers and permanent residents. Whether you're looking for an established holiday investment, a ready to enjoy island getaway or a comfortable home in a convenient Kingscote location, 3 Margaret Street offers a versatile opportunity with plenty to appreciate. Specifications: CT - 5601/892 Council - Kangaroo Island Zoning - Neighbourhood Built - Circa 1960 Land Size - 705m2 (approx.) Council Rates - $1,951 (approx pa.) Rental Assessment - $430 - $450 per week - Written rental assessment can be provided upon request Arrange your viewing today, get in touch with resident selling agents at Century 21 on Kangaroo Island Marnee Clifford 0486 312 375 or Michael Barrett 0427 727 333. Disclaimer: All information provided has been obtained from sources we believe to be reliable; however, we cannot guarantee its accuracy and accept no responsibility for any errors or omissions. Interested parties should make their own enquiries, inspections, and seek independent legal, financial, and building advice. All measurements, areas, distances, and boundaries are approximate only and subject to final survey.

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