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677-683 Ruthven Street
South Toowoomba QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 103m2
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Quality Commercial Investment!

Commercial Accommodation Investment
ONLY 4 Quality investments opportunities left!
Rarely is a quality commercial investment available at the price point of a residential Investment
Each unit offers the following;
- 10 year lease to established motel operator.
- 2 x 10 year options.
- Reviews to CPI or 3% which ever is the greater.
- 5% triple net income.
- All outgoings paid by tenant including Management and BC sinking fund.
- No maintenance costs including capital works.
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Property Details for 677-683 Ruthven St, South Toowoomba

Building Type
Commercial
Floor Size
103m2

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About South Toowoomba 4350

The size of South Toowoomba is approximately 3.7 square kilometres. It has 11 parks covering nearly 20.6% of total area. The population of South Toowoomba in 2011 was 5,224 people. By 2016 the population was 5,237 showing a population growth of 0.2% in the area during that time. The predominant age group in South Toowoomba is 20-29 years. Households in South Toowoomba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Toowoomba work in a professional occupation. In 2011, 54.9% of the homes in South Toowoomba were owner-occupied compared with 51% in 2016.

South Toowoomba has 3,204 properties. Over the last 5 years, Houses in South Toowoomba have seen a 86.14% increase in median value, while Units have seen a 79.25% increase. As at 30 November 2024:

  • The median value for Houses in South Toowoomba is $622,308 while the median value for Units is $477,042.
  • Houses have a median rent of $470 while Units have a median rent of $420.
There are currently 25 properties listed for sale, and 16 properties listed for rent in South toowoomba on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in South toowoomba.

Suburb Insights for South Toowoomba 4350

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Lj Hooker Commercial Toowoomba
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LJ Hooker Commercial Toowoomba
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.