OFF MARKET

33 Torrens Road
Riverton SA 5412

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 722m2
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Property Details for 33 Torrens Rd, Riverton

Building Type
Commercial
Land Size
722m2
Local Government
Clare & Gilbert Valleys
Lot/Plan
A136/F168265

Last Listing description (July 2022)

Business and Freehold Property - available as a combined package:
Business for sale: $120,000 + stock
Freehold property for sale: $210,000

TOTAL: $330,000 (+ SAV)

Located in the Mid-North township of Riverton, less than 100 kms from Adelaide, is this extremely well presented 'Thrifty Link' branded hardware store.

The business demonstrates a solid financial performance with average weekly sales of approximately $10,000 and a solid bottom line return to an owner/operator of over $90,000 pa. It would ideally suit a couple or family operating the business themselves, looking to take on a proven successful operation servicing the local population.

Well supported by the Thrifty Link group, the existing owners have enjoyed their time in the business, but now with a young family it is time for a change, opening the door for new operators to experience and enjoy the benefits associated with owning your own business.

The store offers an excellent selection of stock, clean and bright presentation, plus the friendly and helpful service you would expect from a rural community business. There are many opportunities to expand the business and there is little doubt a new energetic owner will look to explore some of these. This is a wonderful environment in which to live and work, close to the pleasures of the Clare Valley and also within an easy drive of Adelaide.

As the freehold property is also available, there is an exciting opportunity to be your own landlord. Otherwise, an operator may purchase the business and simply lease the premises.

Strong sales, 'lifestyle' trading hours, and proven profitability are just some of the attractions of this package.

For further information, or to arrange an inspection, please contact Commercial Property and Business Sales specialists, VENTURE COMMERCIAL RLA 251076:

Nigel Grivell 0414 257 999

Property History for 33 Torrens Rd, Riverton, SA 5412

A timeline of how this property has performed in the market
Last Sold
$200,000
31 Jul 2015
  • 19 Feb 2021
    Listed for Sale $330,000 (Includes Property & Business) + SAV
  • 31 Jul 2015
    Sold for $200,000

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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.

Suburb Insights for Riverton 5412

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.