King Island is a beautiful idyllic island, its the jewel in the crown of the Bass Straight islands between Victoria and Tasmania. Famous for its cheese, beef, crayfish, golf, and the friendliness of the locals, a walk through the shopping area quickly confirms it; people will stop and talk to you at the drop of a hat. You can be as social or non-social as you prefer, in no time the island will feel like your home. No crowds, no traffic, and miles of pristine deserted beaches at your doorstep and the worlds cleanest air is the bonus.
For sale is this beautiful, north facing recently renovated 3b/r house set in 1.5 acres of beautiful gardens 100 meters from the beach on picturesque King Island.
Theres also 2 seaside cottages on the property: Blue Wren & Wattlebird. Theyre great for short stay tourist accommodation and bring in about $60,000 per annum. A great way to meet people with a small but handy income.
THE NITTY GRITTY
THE HOUSE: Total renovation & extension completed October 2010. Master b/r has his & hers WIRs – #2 b/r has large BIR – #3 bedroom smaller, with smaller BIR. Large linen press. Lower Deck opens out to an oasis of an orchid. Upper Deck via spiral staircase with great views of Sea Elephant Bay. 2 x Solar panel systems: 1 to grid, 1 to battery storage. (no power bills) Solar/Gas HWS. Wood Heater- does whole house. 2 years wood supply cut, split & stacked undercover included. 2 x car garage app 40m2 – will fit 2 big cars. Undercover clothes line area. Semi-attached Laundry – Workshop – Tourist Office Block. Undercover Storage area app 65m2. Garden sheds x 2 app 6m2 each. Wood-fired bbq and shelter.
THE BUSINESS: 2 gorgeous holiday cottages rated 3.5 Star. On separate title, renovated October 2011. Fully furnished and self-contained. All inclusions for running of the business from furniture, linen etc to websites. Business well established with rock solid reputation. Gross earning about $60,000 per annum. Plenty of forward bookings. Guest Laundry. Games room fully equipped. BBQ undercover with tables & seating. Tripadvisor Certificate of Excellence last 4 years straight.
THE PROPERTY: 6317m2 on 2 titles a little over 1.5 acres – 50 meters from beach on sealed road. Ocean views in front, creek & rural landscape at rear. Beautiful well maintained gardens. Vegetable patch wire enclosed (possum & wallaby proof) app 150m2. Gorgeous well established orchard set in an oasis of manicured lawn. Hothouse app 9m2. Totally fenced, gated and wallaby proof. Property electrically wired to keep dogs in. (Sureguard). Internal fencing & gates and there’s ample water storage. The property is capable of expansion as there is room for more cottages/cabins that can be added later if so desired.
King Island is going through exciting times with the recent development of 2 new international golf links, one of which is now rated #3 in Australia and #23 in the world Cape Wickham. The other is Ocean Dunes which is ranked 4th in Australia. There are plans to create a 36-hole championship golf course, add to this the already existing links in Currie and a rumoured Greg Norman designed links to be developed here and it will be an amazing golfing mecca.
The island is also experiencing massive tourism growth, particularly golf tourists. Tourist numbers are expected to grow by over 90% in 5 years, from 13,000 to 25,000. Approximately half of the visitors are tourists and the other half consist of corporate business people and visitors to family and friends.