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PROPERTY FOR SALE

12 Coral Crescent, ISLAND BEACH SA 5222

Affordable home. Island Beach Kangaroo Island. To be auctioned under LGA Section 184.

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Auction Thursday, 26th September at 11:00 am
Inspection Times
Description

Auction 26 Sept 11 am, 134 Melrose St Mt Pleasant and via on-line arrangements. Please note that local rubbish removal business, “Where’s Ya Bin” (Kingscote), have quotes $10k – $15k for removal of inside out outside rubbish (inc. cars) – contact Matt on 0438 903 654 for more details. Rates for 2024/25 are $1354.28

Notice is now given that Kangaroo Island Council will offer for sale, by auction, 12 Coral Crescent, Island Beach (and next door bare land at 14 Coral Crescent), in accordance with Section 184 of the Local Government Act 1999.
Property has a home with three bedrooms, 1 bathroom, large lounge and a separate “granny flat” with lounge and bedroom. Both homes are in need of a significant deep clean. Homes appear to be largely well built with some minor repairs and maintenance needed. Home has a fully fenced yard and solar panels fitted. The property is set on 1320 m2 (approx.). Land is flat and just 200 m from the tranquil waters of Island Beach. Arguably some of the best whiting fishing is available around Island Beach. The property is a quintessential example of a life style property in a township which remains largely un-discovered to those in Adelaide and interstate.
15 Min to Penneshaw and the ferry or 40 min to Kingscote. Perfect property to build your Island escape.
Current Capital Value = $265,000.

Property Features
  • House
  • 3 bed
  • 1 bath
  • Land is 1,320 m²
  • Toilet
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