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32 North Terrace
Penneshaw, SA 5222
$3.1 M
Overview
32 North Terrace, Penneshaw, SA, 5222
This prime coastal development site is located at 32 North Terrace, Penneshaw, on Kangaroo Island's eastern coast. The property comprises a strategically positioned 2,900 square metre parcel of land, zoned Town Centre, offering significant development potential.
Situated in a prominent position, the site overlooks the beach, Hog Bay, and the Backstairs Passage, providing stunning coastal views. It is immediately adjacent to the Sealink ferry docking terminal, offering excellent accessibility and visibility.
All essential town services are available to the site, including mains power, water, and sewer connections, facilitating straightforward development opportunities.
A concept plan for a hotel has been prepared for the site, highlighting its potential for commercial hospitality development. Additionally, a recently concluded operator selection process may be made available to interested parties, providing further insight into development possibilities.
This location offers a unique opportunity to capitalize on Kangaroo Island's growing tourism and commercial activity, with a site that combines excellent exposure, access to services, and a desirable coastal setting.
Prospective purchasers are encouraged to conduct their own enquiries to verify all information and explore the full potential of this exceptional development opportunity.
Location
Penneshaw SA 5222
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