37 Torrens Road, Riverton, South Australia, 5412

  • 4
  • 1
  • 2

For sale

$295,000

Options Are Plenty In The Heart Of Riverton

REAL ESTATE FOR SALE ONLY NOT BUSINESS

This substantial premises in the heart of the main street of Riverton there are several options available to suit purchasers.

• Live in the home & have your mortage payments supplemented with the rental from the shop.

• Lease the shop & the house

• Establish a tea room in the character stone shed (STCC)

• Demolish the shed & build units (STCC)

The property comprises:

1 The shop with floor area of approx. 242 square metres – Currently leased out on a 3×3 year lease – Current rental $280 per week

2 The home comprises

• 4 spacious bedrooms

• Huge lounge

• Country style eat in kitchen with island bench

• Bathroom with bath, shower, vanity & toilet

• Lobby & laundry

• The residence was previously tenanted for $245 per week

The main building (both the shop & the residence) has just recently been re-roofed. Other improvements include a character stone shed measuring 15.5 metres x 4.5 metres with access off the side street.

Set on a 776 square metre allotment the property has the benefit of 2 street frontages.

This is a property with huge potential. The vendors are keen to move the property on and will consider genuine offers.

Inspections:

  • Sat December 14 at 1:15PM to 2:00PM

Property Info:

  • Property ID: L1086549
  • Property Type: House
  • Garages: 2
  • Land Area: 776.0 sqm

We Know Your Area

R&H Suburb Profile: Riverton

R&H Suburb Summary Houses
Number of sales 17
Average Price $262,971
Median Price $246,000
Median Rental Price $240 p.w.
Change in Rental Rate (5yr) 2 %
R&H Suburb Summary Units
Number of sales 1
Average Price $143,000
Riverton, SA - Median Trend
  • 37 Torrens Road, Riverton,
    South Australia, 5412