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381 Ruthven Street
Toowoomba City QLD 4350
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Sold on 12 Oct 2023

381 Ruthven Street Toowoomba City QLD 4350

  • Shop & Retail
  • 6,246 m²
  • Sold

Receivers' Auction - Historic Toowoomba CBD Asset with Significant Development Upside

    Ray White is proud to present to the market 381 Ruthven Street, Toowoomba for sale via Auction.

    381 Ruthven Street commonly known as the Pigott's Building is a historic Toowoomba CBD asset with significant development upside. Pigott's Building is one of Toowoomba's most iconic and major heritage buildings and presents an opportunity to enhance a significant heritage site through adaptive re-use and development of the surplus land.

    Key features of the property include:

    - 4,775m²* site area within Principal Centre Zone
    - 6,246m²* GFA
    - Principal Centre Zone in the heart of Toowoomba CBD
    - 10 storey maximum building height (STCA)
    - Holding Income from Wilson Parking
    - Dual street frontage
    - Forecast population growth of 52%* by 2046 underpinning future development
    - Adaptive re-use potential

    For sale via Auction
    Oaks Conference Centre Toowoomba
    Wednesday 4 October 2023 at 11:00am

    For further information or to arrange a private inspection please contact one of the exclusively appointed marketing agents.

    *Approx.

    Under instructions from Michael McCann & Matthew Byrnes as Joint and Several Receivers and Managers of Oxford Capital Pty Ltd (Receivers and Managers Appointed) which owns the Property at 381 Ruthven Street, Toowoomba.

    RWC Queensland
    RWC Queensland
    Level 26 111 Eagle St
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold12 Oct 2023
    Floor Area6,246 m²
    Land Area4,775 m²
    ParkingAsk Agent
    Property ID2018756660
    Category
    Last updated  18 Oct 2023
    Map for 381 Ruthven Street Toowoomba City QLD 4350
    RWC Queensland
    RWC Queensland
    Level 26 111 Eagle St
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold12 Oct 2023
    Floor Area6,246 m²
    Land Area4,775 m²
    ParkingAsk Agent
    Property ID2018756660
    Category
    Last updated  18 Oct 2023

    Co-Agents

    Paul Schmidt-Lee
    Ray White Commercial Toowoomba
    Call
    0499 781 455
    Peter Marks
    Ray White Commercial Toowoomba
    Call
    0400 111 952

    More about 381 Ruthven Street Toowoomba City QLD 4350

    381 Ruthven Street Toowoomba City QLD 4350 is categorized as Shop & Retail Property. It has a floor area of 6,246 m² and a land area of 4,775 m². The listing ID for this property is 2018756660.

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