FOR SALE
Offers Over $550,000

503/532-544 Ruthven Street
Toowoomba City QLD 4350

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 89m2
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LOCATION, LOCATION, LOCATION!

Attention savvy investors-an exceptional opportunity awaits with this north-facing unit on the 5th floor of Central Plaza, Toowoomba's premier complex.
Experience the ultimate dual-key investment opportunity with this two-dwelling layout, offering flexible living and income potential. On one side, you'll find a generous studio-style apartment complete with full kitchen, a spacious separate bedroom, a balcony.
The other side boasts a classic hotel-style room. Featuring a kitchenette and separate bathroom, perfect for short stays.
Ideally positioned in the heart of Toowoomba City, this stylish unit combines the convenience of modern urban living with lucrative investment potential. The unit features a full kitchen and bathroom, as well as an additional kitchenette and bathroom in the adjoining second room, making it ideal for dual occupancy or executive-style rentals. The open-plan layout, filled with natural light, and the panoramic city views create a desirable living environment for tenants.
Property Features:
� Dual Key / Two Dwelling Property
� Interconnecting doors between the two apartments
� Potential for Dual Income
� Onsite Manager
� Both units are currently managed as short-stay accommodation by on-site management, providing a consistent monthly income regardless of bookings or occupancy levels.
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Property Details for 503/532-544 Ruthven St, Toowoomba City

503/532-544 Ruthven St, Toowoomba City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 89m2. The place is currently for sale with LJ Hooker Toowoomba.

Building Type
Unit
Land Size
89m2

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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 2,354 properties. Over the last 5 years, Houses in Toowoomba City have seen a 77.11% increase in median value, while Units have seen a 72.57% increase. As at 31 October 2024:

  • The median value for Houses in Toowoomba City is $602,314 while the median value for Units is $461,135.
  • Houses have a median rent of $493 while Units have a median rent of $350.
There are currently 27 properties listed for sale, and 112 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 117 properties were sold in the past 12 months in Toowoomba city.

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Naomi Whitaker
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LJ Hooker Toowoomba
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