Kangaroo Island's Del Mole Estate for sale

Del Mole Estate in Kangaroo Island, long used in South Australian tourism campaigns to promote the whole island, has been listed for sale for the first time in nearly five decades.

It was 1968 when the 2,400 hectare property was bought by the late renowned South Australian pastoralist Lloyd Wilkinson from the state's prominent Bonython family.

Set in the north west corner of Kangaroo Island, the estate spans 61 titles with 3.7 kilometres of untouched private coastline with sandy beaches and cliffs overlooking the ocean.

It is being marketed as a prime development opportunity for international corporate investors or high net worth individuals seeking to capitalise on the global tourism appeal of Kangaroo Island.

Earlier this year, Kangaroo Island was ranked in the world's top three travel destinations by Lonely Planet.

Wilkinson family spokesperson Hamish Brown said the estate is a truly unique offering.

“We believe De Mole Estate is now the largest privately-owned coastal landholding on the market anywhere in Australia,” said Brown.

“And while the entire property spans almost 6,000 acres, it is still perfectly tucked away in a beautiful corner of Kangaroo Island, which really does make it a hideaway within a hideaway that our family has been privileged to enjoy for the past five decades.”

CBRE agent Phil Schell said the estate is a rare opportunity that will attract widespread interest from across Australia and internationally, particularly in light of the $18 million upgrade of Kingscote Airport and with Qantas to start direct flights to Kangaroo Island from Adelaide and Melbourne from December.

“For such a vast landholding, De Mole Estate remains nestled away in a stunning pocket of Kangaroo Island, which is now widely recognised as one of the most idyllic tourism destinations on the planet,” he said.

Del Mole Estate is expected to attract offers in excess of $10 million.