58 Quorn Road

Stirling North SA 5710

50 m²

2326 m²

House

Currently for sale - view listing

Overview

Versatile investment opportunity with long term tenancy

Positioned on a 2,330 sqm (Approx.) allotment in the highly desirable Stirling North, this property presents an excellent opportunity for investors looking to build their portfolio. Currently leased to a long term tenant, it is an exceptionally versatile offering with the potential for further development (STCC). Inside, the property features a semi open-plan living layout that maximises the available space, giving it an open and airy feel. The kitchen is ideal for everyday meal preparation with built-in cabinetry storage and plenty of space for a dining table, creating a practical and inviting area for enjoying meals. Adjacent, the lounge room is a great size and features a wall unit air conditioner and ceiling fan to ensure a comfortable environment throughout each season. At the rear, the bedroom offers comfortable accommodation, with a built-in robes that provides additional storage space. The combined bathroom and laundry is conveniently positioned nearby, and features a shower, bath and toilet, alongside laundry facilities. Outside, the patio sits alongside the residence, creating the perfect area for relaxing outdoors, while the remainder of the fenced yard allows room for pets to roam. Additionally, the back portion of the allotment is fenced off, allowing potential for further development at the rear of the property (STCC). FOR THE INVESTOR Periodic lease Current rent: $180 per week (21/09/2026 Rent adjustment - $220 per week) Current rent return: 4.4% Rent appraisal: $240 - $270 Per week (11/08/2026) Land: 2,330m2 (Approx.) Year Built: 1930 Equivalent main area: 50m2 (Approx) Zoning: N - Neighbourhood Easements: NO Water available: YES Sewer available:NO (Septic Tank) Council Rates: $2,158.55 Per annum (2026/27) Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy, and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale. If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.