403-405 Ruthven Street
Toowoomba City Qld 4350
SOLD - $1,000,000
Property Description

THE LATEST NEWS:

—– SOLD Under The Hammer at Auction!

—– Made $1 MILLION

—– Are you looking for a SUCCESS story? Call JACQUI WALKER.

THIS FREEHOLD BUILDING with Shop and Immaculate 3 Bedroom Apartment captures incredible exposure to the main street of thriving Toowoomba!

QUICK GLANCE:

– 238 sq mtr ground-floor Shop
– Immaculate upstairs Apartment accessed via separate entry
– Selling together
– 2 Council-licensed Carparks
– Rear access from Mark Lane

CALLING:

– Commercial Investors & Business Owners

GROUND FLOOR – 403 Ruthven:

– The commercial space has been tenanted for 8 years by a furniture shop
– Periodic lease earning $2,000/month
::::: Capacity to DOUBLE THAT INCOME
– Large 238 sq mtr space
– High ceilings
– East aspect captures plenty of natural light
– Rear store room and kitchenette with back exit doors; and toilet with sink

FIRST FLOOR APARTMENT – 405 Ruthven St:

– Immaculately presented and recently re-painted
– Currently vacant
– Gorgeous Apartment offers a large living/dining space, kitchen, 3 bedrooms & bathroom
– Anticipate around $500/wk rental income or GET EVEN MORE around $750/wk as offices

5 ADDED REASONS TO BUY:

– Excellent foot & vehicle traffic … 75 metres to the unmissable ‘centre-of-town’ intersection
– Great signage opportunities
– Opposite Heritage Bank headquarters/tower
– Toowoomba region population approx. 170,000
– Toowoomba has a gross regional product of $11.56 billion

NOW SOLD!!! Made $1 MILLION at Auction on-site, 1pm – Sat 9th Oct 2021.

ARE YOU looking for a SUCCESS story- Call JACQUI WALKER.

***USEFUL SUMS / SPECS courtesy of Jacqui Walker:

– 2 x Licensed Carpark Spaces: The most recent rent cost for On-Road Carpark Licence 230867 was $1020.00 / yr
– Recent General Rates: $3,749.12 net 1/2 yr
– Recent Water Rates: $373.02 net 1/2 yr + use
– Building Insurance Cost Guide: the Current Owner’s most recent policy cost $620.00 / yr
– Local Government Area: Toowoomba Regional Council
– Internet: Can connect to the NBN via Fibre-to-the-Premises technology (FTTP)
– Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements and indications.

Share This Property

  • Email Agent about 403-405 Ruthven Street, TOOWOOMBA CITY QLD 4350
  • Privacy Policy

Need to sell before you buy?

Find out the value of your property and see comparable sales, suburb performance and more. It takes seconds.