OFF MARKET

39 Torrens Road
Riverton SA 5412

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 779m2
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Property Details for 39 Torrens Rd, Riverton

Building Type
Commercial
Year Built
1920
Land Size
779m2
Local Government
Clare & Gilbert Valleys
Lot/Plan
A70/D23839

Last Listing description (August 2021)

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.

Property History for 39 Torrens Rd, Riverton, SA 5412

A timeline of how this property has performed in the market
Last Sold
$267,000
09 Aug 2021
Listed for Rent
$270/w
02 Nov 2020
  • 09 Aug 2021
    Sold for $267,000
  • 24 Sep 2020
    Listed for Rent - Price not available
  • 19 May 2020
    Listed for Sale $300,000
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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.