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Land
·
for sale
Request Details
40.7 Ha of Kangaroo Island coast & 1 km approx. of absolute sea frontage. Flexible development approvals in place
Porky Flat
· Land
Porky Flat · Land
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); www.realestate.com.au/sold/property-house-sa-porky+flat-127290186 Strategic Highlights
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); www.realestate.com.au/sold/property-house-sa-porky+flat-127290186 Strategic Highlights
Request Details