402/532-544 Ruthven St, Toowoomba City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 84m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
This dual key north facing apartment rented through the on-site mangers is showing a massive gross return of 8%, or $26,112 per year ($2,176 per month) ideal for investors looking to cash in on the short stay corporate sector servicing the major infrastructure projects currently under way in the region.
Consisting of a one bedroom unit with spacious kitchen, bathroom, combined lounge/dining, laundry nook and north facing balcony PLUS another spacious studio apartment with kitchenette and bathroom.
Being part of the hotel complex your guests can take advantage of the heated pool, gymnasium and other features of the hotel complex including restaurants and health spas. Located in the vibrant CBD an easy stroll to all the centre of town has to offer.
Rates: Approximately $988.15 net per half year
Water Access: Approximately $292.59 net per half year
Body Corporate Rates: Approximately $1521.00 net per quarter
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We are here to help you with your property search and with the lowest interest rates ever available there has never been a better time to buy.
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:
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