403-405 Ruthven Street, Toowoomba City QLD 4350

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.