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Commercial Property - Great Investment Opportunity

Riverton, 31 Torrens Road

Sold for $130,000

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Listing Number: LRT3356
About this listing

SOLD - This listing was sold in January 2019.

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 the 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, café, 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.
Property Information
  • Floor Area: 113.3 sqm
  • Approx year built: 1960
  • Property Type: Studio

Contact Details

19 Torrens Road

Property Location

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