This is your opportunity to invest in a property that houses a local business in the beautiful town of Riverton in the heart of the Gilbert Valley..
The shop front has a lease in place to Nov 2022 with an option to extend for a further 3 years. The shop front has a huge built in 6 door fridge and cold room. There is a large dry cellar under the shop for extra storage.
Adjoining the shopfront is a large, well maintained stone home, comprising 3 large brs all with carpet and ornate fireplaces. Lounge room has polished timber floor and heating and cooling options. The upgraded kitchen has a modern country vibe with stainless steel oven and dishwasher, dual sink and large pantry. In addition, there is a large, well ventilated room ideal for hobbies. Neat laundry, lovely bathroom and separate toilet. High ceilings and classic features complete the home.
The enclosed rear yard is a good size and very private.
Both shop & home are currently tenanted by separate lessee's. Please feel free to call for specific details.
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:
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