207-213a Ruthven Street
North Toowoomba Qld 4350
Price: Offers Over $1,600,000
11
Bedrooms
6
Bathrooms
3238
Approx Sqm
Property Description

EXCELLENT RESIDENTIAL/COMMERICAL DEVELOPMENT OPPORTUNITY IN TOOWOOMBA
– Retirement is calling ! The current owners want it sold, so all genuine offers will be considered !!
– 8 adjoining lots with a combined area of 3,238m2
– Main road frontage (Ruthven Street), also with rear street access (Gordon Street)
– Currently the property consists of 4 character timber homes and 2 Business Premises
– Rental return on sale would be approx. $90,000 per annum whilst you redevelop the site.
– This site is conveniently located to Bunnings: 450 meters, Toowoomba CBD: 1.4km, Northpoint Shopping Centre: 950 meters
– Toowoomba is a very vibrant City, with major infrastructure projects completed or being completed i.e: Grand Central Shopping, Toowoomba Wellcamp Airport; passenger & commercial flights to Sydney, Melbourne, Cairns, Western Queensland, and cargo flights Asia, and the New Toowoomba Bypass is now completed. The new Qantas Pilot Academy is now built, plus the Toowoomba Medicinal Cannabis Plantation has been given the green light for construction too.
– The inland rail is the next major project to benefit Toowoomba in the forth coming years which means Jobs and more people moving to Toowoomba
– The new Toowoomba Base Hospital is being planned for the Northern side of Toowoomba also.
– Toowoomba Regional Council would consider applications for this site for Medical or Health uses, Veterinary, Educational or Child Care, Religious, Community care, and there’s a possibility for up to a 3 Story high development
– Properties are being sold vacant possession
– Please call me on 0407 610 818 for more information or an inspection of the site.

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