OFF MARKET

725 Ruthven Street S
South Toowoomba QLD 4350

Bedrooms: 13
Bathrooms: 7
Car spaces: 10
Floor area: 374m2
Land area: 1199m2
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Property Details for 725 Ruthven St S, South Toowoomba

725 Ruthven St S, South Toowoomba is a 13 bedroom, 7 bathroom Unit with 10 parking spaces and was built in 1970. The property has a land size of 1199m2 and floor size of 374m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1970
Floor Size
374m2
Land Size
1199m2
Local Government
Toowoomba Regional
Lot/Plan
1/RP204272

Last Listing description (November 2022)

Trading as short stay accommodation and positioned to cash in on one of Australia's most pulsating economies, this complex is ideally located to take advantage of current boom in short stay accommodation with its close proximity to the vibrant CBD and the Base Hospital. Ideally positioned to and easy access the Wellcamp Airport, the second range cross and the future inland rail project.

Room features include smart TVs, air conditioning, fans, wireless internet, and comfortable beds all helping to make the rooms a vision of contemporary design with unpretentious luxury that will surpass expectations.


Ideally suited to short stay operator, motelier, support services or a passive investor wanting residential letting.

Do not miss out on this outstanding opportunity!

Luxurious 4 star apartments
Currently short-term letting providing good returns (available to approved buyers)
6 refurbished units 4x 2 bed/1 bath, 1x 2 bed/2 bath and 1x 3 bed /1 bath single level apartments
Fully renovated and maintained to a high standard
Fully furnished with quality furniture and fixtures
Set up as short stay accommodation
Could be strata titled
Residential letting possibility with the Toowoomba vacancy rates so low
1199m2 block with excellent exposure on Ruthven Street
10 car spaces onsite

Rates: Approximately $3811.14 per half year
Water Access: Approximately $491.31 per half year

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Property History for 725 Ruthven St S, South Toowoomba, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$1,650,000
21 Oct 2022
Listed for Rent
$135/w
09 Nov 2010
  • 21 Oct 2022
    Sold for $1,650,000
  • 14 Oct 2022
    Listed for Sale $1,500,000
  • 24 Sep 2021
    Listed for Sale Offers Over $1400000
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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 3,194 properties. Over the last 5 years, Houses in South Toowoomba have seen a 79.41% increase in median value, while Units have seen a 92.39% increase. As at 31 October 2024:

  • The median value for Houses in South Toowoomba is $603,995 while the median value for Units is $493,289.
  • Houses have a median rent of $470 while Units have a median rent of $420.
There are currently 32 properties listed for sale, and 11 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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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.