Kingscote 1/16 Buller Street

An excellent opportunity presents with this tastefully decorated 2 bedroom brick apartment, located near to the centre of Kingscote.

Its is the perfect property for a multitude of buyers, including a terrific entry level for the first home buyer, rental investor or holiday home operator!

Offered on a walk in walk out basis (with some minor exceptions), the property provides low maintenance living with long term tenant options commonly attracting a current market weekly rental of approximately $170 per week rent, (6.8% gross return). Holiday letting also provides a lucrative option, and once we navigate through the Covid-19 period, we are expecting local state travel and interstate travel to KI to be high on people's radar!

Just metres to the foreshore and easy walk to the main street of Kingscote, this unit is fully furnished, with most furniture items updated, together with a recent bathroom renovation in the past few years.

Quality brick veneer construction & nicely positioned at the front of the small group of 8, with each unit having their own carport space and a communal laundry room. Both bedrooms have built in robes and there is a small secured back yard.

Here at Century 21 on Kangaroo Island can assist you with managing the permanent rental with 2 full time staff dedicated to rental managements.

For more information and to arrange an inspection, please contact long term resident selling agent Michael Barrett at Century 21 on Kangaroo Island, 0427 727 333 anytime.

Property Information

• Land area approx 108sqm
• Floor area approx 56sqm

Property Features

• Car Spaces 1