Prominent CBD Building - Invest Or Occupy
Retail - TOOWOOMBA CITY QLD
Jacqui Walker Sells presents your limited opportunity to acquire this prominently located Commercial Building and Profitable Iconic Business at 627 Ruthven Street in Toowoomba CBD.
FEATURING 2-STREET ACCESS & HUGE SIGNAGE EXPOSURE on southern boundary wall, additional reasons to acquire this site include:
– 405m2 allotment
– Building measures approx. 40m x 10m with pitched, newly painted roof
– Profitable Aussie Disposals Business – owner operated- must be sold with the building
– Site consists of one building presently used as a the profitable Aussie Disposals Business, plus office area, large rear storage area, kitchenette & bathroom
– Rear access is available from Mann Street, with high garage door
– Other uses include retail, light manufacturing at rear with shopfront to Ruthven Street, or office space
This property is offered for sale as a freehold building WIWO, including the long established & profitable Army Disposals store with stock. The owner of this building presently operates this store at this prominent site. With no leases attached, the new owners are able to do whatever they wish at this site, including:
Continuing to run the profitable business;
Clearing all stock at a closing down sale, thus enabling other uses for the building to lease/develop/occupy for Retail; warehouse or light manufacturing (with shopfront); or redeveloped office space. This extremely visual building could be split into 3 tenancies.
The ‘headline act’ to answer this question is the $1.6 billion Second Range Crossing, which addresses a recognised constraint in the National Land Transport Network. The completion of this project underpins economic modelling of an increase in economic activity in the region of $2.4 billion over 30 years. Construction of this project is now underway for opening in 2018.
Among at least 50 additional projects approved or commenced, three particularly noteworthy developments include a major new industrial complex near the new airport at Wellcamp; the $500m QIC Grand Central Shopping Centre extension and redevelopment; and one of Australia’s first regional data centres commissioned by the FKG Group. Multiple inactivated laneways in the CBD have also been developed in to popular dining precincts – one of which has been reviewed as a ‘daily food and wine festival’.
WHY THIS PART OF CBD?
Unmissable to the eye from the prominent corner of James & Ruthven Streets, this site is situated near the Gladstone Hotel redevelopment & the $10 million Burke & Wills Hotel refurbishment. The Woolworths service station next door has recently been redeveloped, and this building offers unrivalled signage exposure to busy James & Ruthven Street traffic along the building’s southern boundary wall. Where else have you seen that lately?
LIMITED COMMERCIAL OPPORTUNITY WITH 2 STREET ACCESS & PROMINENT SIGNAGE BENEFITS. CONTACT JACQUI WALKER FOR YOUR PRIVATE INSPECTION.