OFF MARKET

31 Torrens Road
Riverton SA 5412

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 292m2
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Property Details for 31 Torrens Rd, Riverton

Building Type
Commercial
Land Size
292m2
Local Government
Clare & Gilbert Valleys
Lot/Plan
A135/F168264

Last Listing description (March 2019)

***GST MAY APPLY***
Great Investment Opportunity
Substantial stone building in a prominent Main Street location, plus two large iron sheds.


Building has a 3 year lease in place with 3x3 renewal option

Sheds have a 3 year lease with neighbouring business
Well maintained and professional premises
Current rental income $14,700 per annum
GST if applicable will be added to Purchase Price.
The Riverton township has a full range of services including kindergarten, primary & high school, doctor, hospital, post office, bank, two hotels, chemist, newsagent, IGA supermarket, caf , art gallery, take away foods and excellent sporting facilities only 30 minutes drive north of Gawler and less than 100 kms from Adelaide. The climate is ideal and the lifestyle enviable.

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Property History for 31 Torrens Rd, Riverton, SA 5412

A timeline of how this property has performed in the market
Last Sold
$143,000
29 Jan 2019
  • 29 Jan 2019
    Sold for $143,000
  • 11 Apr 2017
    Listed for Sale $140,000
  • 19 Dec 2016
    Transferred

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About Riverton 5412

The size of Riverton is approximately 154 square kilometres. It has 8 parks covering nearly 0.3% of total area. The population of Riverton in 2011 was 1,213 people. By 2016 the population was 1,036 showing a population decline of 14.6% in the area during that time. The predominant age group in Riverton is 60-69 years. Households in Riverton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverton work in a managers occupation. In 2011, 74.6% of the homes in Riverton were owner-occupied compared with 69.8% in 2016.

Riverton has 781 properties. Over the last 5 years, Houses in Riverton have seen a 92.48% increase in median value. As at 30 November 2024:

  • The median value for Houses in Riverton is $384,777 while the median value for Units is $232,561.
  • Houses have a median rent of $258.
There are currently 5 properties listed for sale, and no properties listed for rent in Riverton on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Riverton.

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