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415 Ruthven Street
Toowoomba City QLD 4350
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Sold on 14 Oct 2021

415 Ruthven Street Toowoomba City QLD 4350

  • Offices
  • 500 m²
  • Sold

Rare Tenanted Investment with a 5 year lease in place and 3.5% yearly increases!

Located on one on Toowoomba's prominent and historical streets, 415 Ruthven Street is the perfect bite sized investment for the astute buyer.

Tenanted by H & R Block since 2017, the tenant has just authorised their 5 year option which commences in January 2022 for 5 years with 100% of outgoings payable by Tenant and annual 3.5% increases.

Split over 3 levels the ground level includes:
- 183m2 open plan, air-condition space with reception area, partitioned offices and additional space office space towards the rear.
- Kitchenette and staff roof & male and female amenities
- Rear access via Mark Lane
- Well presented and fitted out
- Incredible exposure with front façade and lightbox signage.

The first level has 65m2 of useable space, with magnificent historical vaulted window space and window views to the rear lane.

The hidden gem is located on the second level. Overlooking the Toowoomba CBD and with the original pressed metal ceilings and floorboards in place, this 100m2 space could be transformed into inner city living.

With a secure and stable income for the next 5 years, 3.5% yearly increases and fantastic location, this time frame then provides time for the purchaser to investigate and reinvigorate the other 2 levels of this well placed property potentially increasing the return and increase in value.

For more information or to book an inspection contact Drew Camm DC Commercial on 0432 055 250 | drew@dccommercial.com.au.

DC Commercial
DC Commercial
3 Lucinda Avenue
Highfields, QLD 4352

Property Highlights

Date Sold14 Oct 2021
Floor Area500 m²
Land Area187 m²
ParkingAsk Agent
Property ID2017258875
Category
Last updated  
Map for 415 Ruthven Street Toowoomba City QLD 4350

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DC Commercial
DC Commercial
3 Lucinda Avenue
Highfields, QLD 4352

Property Highlights

Date Sold14 Oct 2021
Floor Area500 m²
Land Area187 m²
ParkingAsk Agent
Property ID2017258875
Category
Last updated  

Listed by

Drew Camm
Drew Camm
DC Commercial
Call
0432 055 250

More about 415 Ruthven Street Toowoomba City QLD 4350

415 Ruthven Street Toowoomba City QLD 4350 is categorized as Office. It has a floor area of 500 m². The listing ID for this property is 2017258875.

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