Mr Bills noted; “The property represents a perfect development opportunity for high net worth individuals seeking to capitalise on the growing tourism appeal of Kangaroo Island.”
Mr Schell added that potential buyers would also be interested in the landholding’s agricultural opportunities.
“While the property offers significant development opportunity, the inclusion of grazing land with quality sub-clover promises potential for rental income through leasing,” Mr Schell said.
The property is for sale through an Expression of Interest campaign and is expected to attract offers in excess of $4.5 million.
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