Unmissable CBD Building
Retail - TOOWOOMBA CITY QLD
Acquire this prominently located Freehold Commercial Building at 627 Ruthven Street in Toowoomba CBD, presented by Jacqui Walker Sells.
FEATURING 2-STREET ACCESS & HUGE SIGNAGE EXPOSURE on the southern boundary wall, additional reasons to acquire this site include:
– 405m2 allotment
– Building measures approx. 40m x 10m with pitched, newly painted roof
– 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 (invest or occupy)
This property is offered for sale as a FREEHOLD BUILDING. The owner of the building presently operates the established Army Disposals store at this prominent site. With no leases attached, options for a new owner include:â¨â¨
– Splitting the highly visible building in to 3 tenancies
â¨- Lease/develop/occupy for retail; warehouse or light manufacturing (with shopfront)â¨
– Redevelop as office space
– Continuing to run the profitable business which is available for purchase, or which can be separatedâ¨
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?
This is a rare commercial opportunity with 2 street access & unmissable signage benefits. CONTACT JACQUI WALKER FOR YOUR INSPECTION.