Existing Development Approval Plus Building Contract Assignment Opportunity! Open Times Please contact Michael Barrett to arrange an appointment. Discover the extraordinary opportunity presented by Century 21 on Kangaroo Island—an exceptionally rare vacant land parcel with an existing Development Approval and a transferable building contract awaiting your assignment! Due to unforeseen circumstances, the current vendor is unable to proceed with the construction, opening the door for a new owner to seize this chance. Note the elevation sketch is for example purposes only, the approved drawing does have a large front deck. Situated in the latest land release area in American River, this 1253m2 building allotment boasts a level site and is serviced with underground power. The serene location offers a tranquil lifestyle with distant ocean views, enhanced by the expansive Council Reserve on one side, preserving open space and safeguarding ocean views. This well-designed and modern estate, surrounded by new houses, provides an excellent opportunity to bring your dream seaside home to life. Exciting developments are in progress, including the extension of the mains water line from Penneshaw, set to be accessible soon. Anticipated connections to sewer and power are already in place, with SA Water coordinating with landowners, aiming for completion by mid-2024. In addition, there are plans for a new golf course on the South Coast near Pennington Bay, approximately a 15-minute drive from American River, promising to boost activity in the region. The property can be sold either with or without the dwelling approval. Don't miss out on turning your Kangaroo Island dream into a reality! Inquire today by contacting our local resident selling agents at Century 21 on Kangaroo Island. Reach out to Michael Barrett at 0427 727 333 or Lili Barrett at 0459 393 514 anytime!