Lot 17 Douglas Drive, Kingscote SA 5223

Vacant rural living land | 2 hectares cleared | 3km to Kingscote | Zoned for residential use | Domain estimate notably above list price. This property presents a rare, sizable parcel of vacant land within a short distance of Kangaroo Island’s primary town centre. Its Rural Living zoning provides flexibility for a buyer seeking to establish a permanent residence or a rural retreat, a commodity in limited supply. The cleared allotment with established perimeter fencing reduces initial development costs. This property best serves a buyer with the capital and intent to build, capitalizing on the island’s lifestyle appeal. The primary risk is the illiquidity inherent in vacant land and the absolute capital requirement for construction, locking in a buyer for the medium term. The significant variance between the list price and the automated valuation estimate requires immediate, independent valuation to anchor your offer. Proceed only with a confirmed land development budget and a clear multi-year holding strategy, as speculative land banking here carries high carrying costs against uncertain short-term appreciation.