A terrific lifestyle opportunity presents with this 28.73 hectare (approx 71 acre) property in the very desirable Emu Bay region. The location is superb with Emu Bay beach only a 2.5km drive, walk, run or ride from the property which has full sealed road frontage and is only 13 kms from Kingscote. Kangaroo Island has increased its tourism exposure and this property has plenty of potential to add to the 'tourism ring route' of the Cygnet River region, KI Brewery, Emu Bay Lavender Farm and other areas earmarked for expansion nearby (ie Abalone Farm at Smiths Bay and KI Wool processing facility at Cygnet River). Flexibility to the 'Rural' zoning allows for various uses, and subject to council consents, the location could compliment the existing business nearby with perhaps horse trail rides, shearing demonstrations, or other similar cottage style industries an option. The property currently offers a 3 bedroom, one bathroom home, circa 2010, with 3 sided verandah and large carport annexed to the house that could easily be a ready made extension (subject to consents). Internally, the home provides a semi open floor plan with the lounge/dine/kitchen area enjoying the benefit of a raked ceiling. Heating and cooling provide comfort all year round with both a slow combustion heater and reverse cycle air conditioner. Ample water catchment is on site with a large 'Rhino squatters tank' of 168,000 litres and additional 27000 litre poly tank, there is the added bonus of an indirect mains water connection. Externally, a fully enclosed rear yard is perfect as a safe play area for kids or detaining pets, and already offers a series of established fruit trees, gardens and lawn. Significant effort has seen the establishment of numerous sheds, there are 5 sheds in total, including a horse stable, all with concrete floors. The larger of the sheds has additional height for tall farm implements/machinery and access to increased power amperage allowing additional scope for engineering/manufacturing. For the horse enthusiast, the horse stable is divided into 4 stables and tack room, and nearby are the remains of a working arena (dolomite base) which could easily be made good again by a light scrape off of the paddock grass. Currently the land surrounding the house is fenced with good fencing into 3 paddocks with 2 dams. The land is predominantly pastured and currently used for grazing of stock and cropping, and for those who have no skills in this area, there is an option for leasing the land to near by farmers. Strategically, the positioning of the property, being corner sited by Emu Bay and East Georges Roads, will give more land division flexibility in the event future development plans allow for smaller parcels to be created. Rural lifestyle properties such as this one, rarely present to the market within such close proximity of Emu Bay. Inspection is welcome, contact Michael Barrett at Century 21 on Kangaroo Island 0427 727 333 to arrange a viewing.