Once in a Lifetime DA Approved Hotel Site on Kangaroo Island
Savills Hotels as the exclusive sales agents are pleased to offer to market the DA approved land at 61 Dauncey Street, Kingscote, Kangaroo Island via Private Sale.
This proposed hotel development sits on the famous Dauncey Street and is the only five (5) level hotel DA on the island. Situated on the main street of Kingscote, which is the main commercial and tourism pocket of the town the DA is approved for 120* high quality hotel rooms spanning five (5) levels, including check-in, all day dining, lobby facilities, rooftop function and bar area, gymnasium and other typical front and back of house facilities spanning over a significant 1,582sq m* site.
The site is perfectly located to provide modern accommodation to the increasing tourist market, sporting and local business community. Its nature-based attractions and breathtaking sceneries have great international and domestic appeal. The Island is also growing as a quality wine region with unique cellar doors and houses South Australia’s first boutique distillery.
Kangaroo Island has seen large amounts of spending go into the region, with a new world class destination golf course opening in 2024, new Undersea cable for increased communications, upgrades to the Western Parks Wilderness Trail, Bickford's Distillery, Kangaroo Island Spirits, Kangaroo Island Boat Trail, winery, all along with being just voted with Best beach in Australia in 2023.
Investment opportunity
Outright purchase of site with development approval for a hotel
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Investor information
Financial information
Investment sought: Not applicable
Documents
No documents provided.
Project status update
Development Approved
Project dependencies
-Technology utilised
-Key organisations
- Savills Australia & New Zealand
Project timelines
Expected start date
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Expected end date
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Funding round finish date
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