381 Ruthven Street Toowoomba City QLD 4350

Colliers Toowoomba has the pleasure to present to the market for the first time in over 30 years, 381 Ruthven Street, Toowoomba City - more commonly known as the Pigott's Building.

Located within the burgeoning Toowoomba CBD, the Piggott's Building is strategically located offering two street frontage and an enviable 4,775 m2* site. Positioned directly opposite Heritage Bank's head office and near QIC's Grand Central, this site has a 10 storey height potential offering views towards the designated Railway Parklands precinct.

This unique building and strategic land holding offers a picturesque development opportunity with the benefits of a prime CBD location.

Features Include:
- Huge 4,775 m2* site across three titles zoned 'Principal Centre'
- The building consists of 6,236 m2* GFA across three levels plus mezzanines
- Strategically located in the heart of the Toowoomba CBD with 2 street frontages
- 45 bitumen sealed carparks at the rear off Victoria Street
- Passive holding income under periodic lease agreement with Wilsons Parking
- Significant potential for hotel or short-term accommodation, retail, commercial or even inner-city residential (STCA)

Now is the time for the astute developer to capitalise on this rare opportunity by securing what is arguably one of the best and last untouched Toowoomba CBD addresses and create a precinct that blends a mix of retail, food, entertainment and residential living.

For more information or to arrange an inspection, please contact Dan Dwan of Colliers Toowoomba.

Accelerating Success.

*Approx.