5-7 Duck Ponds Road, Stockwell, SA, 5355

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5-7 Duck Ponds Road, Stockwell SA 5355

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$550k - $600k Medium Confidence Calculated based on our search observations.

House 1 Bed 1 Bath 1 Car 2659 m²

Listed: 22 days ago

Overview

Set on an expansive 2,659 square metre site in the historic heart of Stockwell, this unique property offers a blend of heritage charm and promising potential. The circa 1850 stone cottage stands as a testament to traditional craftsmanship, boasting original stonework, timeless timber windows, and a classic wrap-around verandah that exudes old-world appeal.

While the home requires restoration to revive its former glory, its existing layout offers versatility. Two separate living areas, equipped with carpet flooring and slow-combustion heating, provide cozy spaces to relax or entertain. The central raised kitchen and dining zone, designed in a U-shape with electric cooking, offers a practical foundation amenable to future modernisation.

Essential utilities like the laundry and a bathroom, featuring a corner shower, vanity, and toilet, serve the residence efficiently. Adding to the property's functionality is a selection of sheds, including a large double-swing-door shed with concrete flooring and a partially lined workshop/storage shed, accessible via side drive-through access. Additional outbuildings offer practical firewood or tool storage.

The substantial grounds open up a multitude of possibilities. Ideal for those with a vision, the land could support garden development, outdoor entertaining areas, or potentially, subject to council approval, future enhancements or development. This synthesis of original structure and generous landholding presents a versatile canvas for creative transformation.

Currently leased on a periodic tenancy, the property generates a steady weekly rental income, making it attractive for investors interested in an immediate return while planning future improvements. This rare offering invites buyers to embrace a piece of Stockwell’s history and shape its next chapter with care and imagination.

Local Market Insights

In Stockwell, Quiet Listings observed 14 new houses entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $804,214. The property type mix of listed properties is predominantly Houses at 80%, followed by land (15%), and units (5%). The most active agency for houses in the Stockwell area is currently Homburg Real Estate, representing 43% of new listings, followed by Marx Real Estate with 21%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.