FOR SALE
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348-350 Ruthven Street
Toowoomba City QLD 4350

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 820m2
Land area: 455m2
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Freehold Sale - The Met Hotel A Longstanding Toowoomba Landmark

L J Hooker Commercial Toowoomba is pleased to offer to the market this unique opportunity to purchase freehold only of The Met Hotel Toowoomba, 348-350 Ruthven Street, Toowoomba City.
The site on the corner of Ruthven and Bowen Streets has been a public house in different offerings for over 150 years, the latest is The Met Hotel, refurbished, renamed, and reinvented the pub now has a strong local following and the space to back it up.
Now the opportunity presents itself to purchase the home of The Met Hotel, 348-350 Ruthven Street, Toowoomba City. A property that commands a strong high exposure position on Ruthven Street with great site coverage and plenty of growth potential for the eventual purchaser.
Our Property Highlights:
- Property comprises of a Two Storey Building with 820m2 of NLA
- 17 Room Accommodation on the first floor
- Commercial Kitchen, Dining Area, Lounge Area, and Main Bar is located on the
ground floor
- Property has been completely refurbished and restored, with major renovations to the
Main Bar and Accommodation resetting the look and feel of the pub
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Property Details for 348-350 Ruthven St, Toowoomba City

Building Type
Commercial
Floor Size
820m2
Land Size
455m2

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About Toowoomba City 4350

The size of Toowoomba City is approximately 2.7 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Toowoomba City in 2011 was 2,200 people. By 2016 the population was 2,093 showing a population decline of 4.9% in the area during that time. The predominant age group in Toowoomba City is 20-29 years. Households in Toowoomba City are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Toowoomba City work in a professional occupation. In 2011, 35.7% of the homes in Toowoomba City were owner-occupied compared with 34.4% in 2016.

Toowoomba City has 2,353 properties. Over the last 5 years, Houses in Toowoomba City have seen a 69.70% increase in median value, while Units have seen a 42.39% increase. As at 31 July 2024:

  • The median value for Houses in Toowoomba City is $572,970 while the median value for Units is $418,284.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 25 properties listed for sale, and 113 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Toowoomba city.

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Christopher Stewart
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LJ Hooker Commercial Toowoomba
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