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Listed 9 months ago

ID#659349

Nepean Bay

Kangaroo Island
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'Mistere Retreat Kangaroo Island' Prestigious Coastal Frontage Property with Development Approvals!

'Mistere Kangaroo Island' is a prestigious and beautifully appointed 250 acre coastal frontage property, idyllically set where the gently pastured farming slopes meet the sea!

This exclusive location offers a magnificent contemporary & stylish home, architecturally designed, ensuring the main living and bedroom spaces capture the spellbinding 180 degree ocean views, blending neutral tones with the seascape beyond. North facing, the large full length windows allow for full exposure to the ever changing moods of the sea.

Open plan living incorporates the stylish kitchen, dining and lounge all well suited to be furnished with either casual or elegant beachside selections. All 3 of the bedrooms are generous in size, the master with built in robes and en-suite.

In addition to the main residence, there is a second older style 4 bedroom home, well suited as a managers residence or second holiday letting home. There are several other improvements being shearing and implement shedding, various vehicle and storage shedding and numerous dams. Farming is still conducted on the broader acres, and provides a top up income to the property, currently running 400 ewes and approximately 100 acres of wheat crop due for harvest late December 2020.

The Nepean Bay region provides a superb living environment, including the ability to access & boat launch at the sandy beach immediately in front of the property, also renown for outstanding fishing.

'Mistere Retreat' is currently operated as a boutique holiday destination, independently marketed and attracting numerous short stay bookings at a premium price, making for a lucrative business option or simply to enjoy as a permanent residence.

Kangaroo Island Council Development plan has the property spanning over 2 zones, being 'Primary Production' and 'Coastal Conservation', of which supports tourism development.
The property has a current and significant development Approval, granted by both the South Australian State Government State Commission Assessment Panel and the Kangaroo Island Council. The valuable planning approval is for a Eco Tourism Development incorporating various forms of accommodation and supporting infrastructures, being eco stay tents, Villas, Airstream Caravan & Pods, café, restaurant, and outdoor activity areas.

A full inventory of the approvals together with a conceptual tour can be emailed on request.

Kangaroo Island has long been regarded as an idyllic lifestyle location, harmoniously blending nature, conservation, management of natural resources with a casual and safe living environment. Supporting these industries, there are exciting ventures to note, a $52 million dollar injection by the State Government into reinstatement of National Parks Infrastructure, a major upgrade by SA Water of $33 million to the Islands water network, proposed private works of an International Golf Course, Forestry Wharf facility, Gin distillery expansion and various other projects. These improvements will be in addition to the already completed $18 million dollar Kingscote Airport upgrade.

Never has it been a better time to invest in KI! Equally unique is the opportunity, the property transacting only once in over 100 years!

While the world we live in has changed for most, Kangaroo Island remains a beautiful safe place to be, where clear skies, healthy air and social distancing all happen naturally! KI will nurture you, exhilarate you and best of all, protect you!

Simply a stunning property, offering a lifestyle experience to be envied!

To arrange a private viewing, contact Kangaroo Island resident selling agent Michael Barrett at Century 21 on Kangaroo Island on 0427 727 333. If you would like more photos of this property including the second residence and shedding please email Michael

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Agent

Michael Barrett

Century 21 Kangaroo Island

(RLA 219280)

ID#659349

Nepean Bay

Kangaroo Island
Contact Agent
proudly marketed by
Michael Barrett
Century 21 Kangaroo Island
Michael
0427727333
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