5 John Street American River SA 5221
$509k - $529k

DESCRIPTION

Inspections can be arranged by appointment

Discover a hidden gem with stunning ocean views and endless income potential. This beautifully renovated 1975 home, nestled in the desirable American River area of Kangaroo Island, blends modern updates with its charming 70s character. With three spacious bedrooms, expansive windows for fresh air, and upgraded gardens perfect for relaxation, 'Happy House' is an ideal retreat. Whether for a holiday home, family residence, or AirBnB investment, this property balances nostalgia and comfort, featuring a rainwater filtration system and a newly renovated guest house with income potential.

The home is turn-key ready and can be sold on a walk-in, walk-out basis, including rare retro furniture and new appliances. Just a short distance from the upcoming 'The Cliffs' golf course and exclusive Island Beach, this property offers exceptional lifestyle opportunities. Enjoy world-class fishing, boating, and nature walks, all close to attractions like the Oyster Farm eatery and local art galleries. With subdivision potential (STCC) and a large workshop ready for conversion to a guest house, this property is a prime investment or dream home for those seeking the Kangaroo Island lifestyle

What We Love About The Property;
Home ;
● Nicknamed 'Happy House', this fully restored 1975 home features three generously sized bedrooms
● It has been painstakingly restored over 18 months by a design developer specialising in bespoke homes and holiday houses
● Designed as a premier '1975 Australiana experience', the home retains its original charm, including the long concrete driveway typical of 70s Australian homes
● The property is ideal for short stay occupancy, designed to maximise income potential for its future owners
● Expansive windows throughout allow for excellent airflow and plenty of natural light
● Security features include large roller shutters on all main windows and fixed security cameras at both entrances for added peace of mind
● The keyless entry system with fingerprint access eliminates the need for physical keys, with remote passcode generation available for guests
● The home is equipped with modern upgrades, including brand new appliances, a large capacity hot water system, and a state of the art split system with air cleaning technology
● An advanced UV water filtration system ensures clean and safe water throughout the property

Guest house / workshop ;
● The large workshop on the property offers great potential to be converted into a guest house, providing an additional short stay rental income opportunity
● The guest house can generate short stay rental income starting at $100 a night, adding significant value to the property
● With the main house and the guest house, the overall rental income could range between $350 to $550 a night
● The newly renovated workshop, with a concrete slab foundation, features two rooms at the front, as well as a new toilet and washroom with updated plumbing
● Currently, the workshop is set up as a spacious entertainment, rumpus, and art studio space, perfect for families seeking extra room during vacations
● The space is versatile and ready for personalisation, whether for storing boats, fishing gear, and other beach equipment, or to be used as a craftsman's workshop, artist's studio, or functional business space

Outdoors;
● The large block of land also offers potential for subdivision (STCC), adding another layer of investment opportunity
● The rooftop views create a private setting for outdoor dining, with vistas that are protected and secluded from key roadways
● The lush, updated gardens provide ample space for outdoor relaxation, offering a peaceful retreat within the property
● The property is fully fenced, making it ideal for families with pets and further enhancing its attractiveness for short stay rental guests
● Golf enthusiasts will appreciate the room available to add practice putting holes, making the outdoor space even more versatile

Services;
● Mains power connected
● Connected to mains sewer, rare in most areas of Kangaroo Island
● Mains water available
● Three large rainwater tanks, reducing water costs significantly
● Large capacity hot water service with new piping and plumbing
● Advanced UV water filtration system ensures clean and safe water
● NBN connected
● Split system heating / cooling

Location highlights :
● Located in the highly sought after American River area, close to attractions like world class fishing, boating, and nature walks
● Only 25 minutes to Penneshaw, Kingscote, and the ferry, providing easy access while maintaining the tranquillity of Kangaroo Island
● The township has been designated as a new services centre in the South Australian government's 30 year plan, promising future investment and growth
● Nearby sports facilities include basketball and tennis courts, a playground, and a local footy field
● Surrounded by nature, offering a serene and picturesque environment

Location;
● 2 minutes to American River General Store
● 2 minutes to The Oyster Farm Shop (famous local seafood eatery)
● 3 minutes to American River Nature Walks and Bird Watching Trails
● 5 minutes to the American River boat ramp and marina
● 25 minutes to Penneshaw Ferry Terminal
● 25 minutes to Kingscote Shopping Centre
● 25 minutes to Kingscote Medical Clinic
● 30 minutes to Kangaroo Island Community Education School
● 30 minutes to Kingscote Airport

This property has so much to offer and is expected to go quickly. We encourage all interested parties not to delay in placing offers. Don't miss your chance to own this incredible piece of Kangaroo Island paradise!

OUWENS CASSERLY – MAKE IT HAPPEN™
RLA 275403