97 Scenic Drive, American River, SA 5221 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$1,300,000 - $1,400,000

97 Scenic Drive
American River SA 5221

Bedrooms: 12
Bathrooms: 6
Car spaces: 10
Land area: 3148m2
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ULONGA HOLIDAY VILLAGE

A Rare Waterfront Investment Opportunity in the Heart of American River, Kangaroo Island
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Offered exclusively to the market, this exceptional holiday village presents a unique chance to secure a walk-in walk-out coastal business in one of Kangaroo Island's most picturesque waterfront settings.
Set on a generous 3,129m² (approx.) allotment, this well-established accommodation and hospitality holding features five fully equipped 2-bedroom cabins, each positioned to capture the tranquillity of American River's serene bay and to offer guests the ultimate Island escape. With consistent visitor to the island, the cabins are ready to continue generating income from day one.
Enhancing the appeal of this opportunity is the onsite restaurant, a much-loved local dining destination. The restaurant is operational and secured with a long-term lease, providing immediate, stable income and the advantage of a reputable tenant already in place-perfect for investors seeking a low-maintenance commercial component.
For those looking to live on-site or provide accommodation for management, the property also includes a comfortable and functional owner/manager's residence, offering practicality and convenience within the village setting.
Towards the rear of the grounds sits a charming, character-filled rustic shed-a flexible structure brimming with potential. Whether transformed into an atmospheric dining space, a private event venue, or a creative studio, this unique feature gives buyers scope to expand the business and elevate the guest experience.
The waterfront location is nothing short of outstanding. Guests are drawn year-round to the calm waters, wildlife encounters, fishing, boating, walking trails, and the relaxed pace that American River is celebrated for. Its central position between Kingscote and Penneshaw further strengthens its long-term appeal as a tourism hotspot.
With its combination of multiple income streams, prime foreshore frontage, established infrastructure, and the ability to add your own vision, this property is a rare find. Whether you're an experienced operator or an investor searching for a lifestyle change with strong financial upside, this walk-in walk-out opportunity represents a turnkey business with limitless potential.
Opportunities of this calibre in American River are tightly held-secure your slice of Kangaroo Island's tourism future today.
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Property Details for 97 Scenic Dr, American River

97 Scenic Dr, American River is a 12 bedroom, 6 bathroom BlockOfUnits with 10 parking spaces. The property has a land size of 3148m2. The place is currently for sale with URBAN & RURAL PARTNERS.

Building Type
BlockOfUnits
Land Size
3148m2
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About American River 5221

The size of American River is approximately 3.7 square kilometres. It has 10 parks covering nearly 13.0% of total area. The population of American River in 2016 was 238 people. By 2021 the population was 280 showing a population growth of 17.6% in the area during that time. The predominant age group in American River is 70-79 years. Households in American River are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in American River work in a labourer occupation.In 2021, 74.30% of the homes in American River were owner-occupied compared with 76.60% in 2016.

American River has 621 properties. Over the last 5 years, Houses in American River have seen a 117.11% increase in median value, while Units have seen a 5.04% increase. As at 31 October 2025:

  • The median value for Houses in American River is $479,841 while the median value for Units is $465,150.
  • Houses have a median rent of $235.
There are currently 13 properties listed for sale, and no properties listed for rent in American river on OnTheHouse. According to Cotality's data, 31 properties were sold in the past 12 months in American river.

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Helen Spouse
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Nigel Christie
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URBAN & RURAL PARTNERS
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