403 Ruthven StreetToowoomba City QLD 4350
Property Details for 403 Ruthven St, Toowoomba City
403 Ruthven St, Toowoomba City is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 238m2 and floor size of 476m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (September 2022)
THE LATEST NEWS:
----- SOLD Under The Hammer at Auction!
----- Made $1 MILLION
----- Are you looking for a SUCCESS story? Call JACQUI WALKER.
THIS FREEHOLD BUILDING with Shop and Immaculate 3 Bedroom Apartment captures incredible exposure to the main street of thriving Toowoomba!
QUICK GLANCE:
- 238 sq mtr ground-floor Shop
- Immaculate upstairs Apartment accessed via separate entry
- Selling together
- 2 Council-licensed Carparks
- Rear access from Mark Lane
CALLING:
- Commercial Investors & Business Owners
GROUND FLOOR - 403 Ruthven:
- The commercial space has been tenanted for 8 years by a furniture shop
- Periodic lease earning $2,000/month
::::: Capacity to DOUBLE THAT INCOME
- Large 238 sq mtr space
- High ceilings
- East aspect captures plenty of natural light
- Rear store room and kitchenette with back exit doors; and toilet with sink
FIRST FLOOR APARTMENT - 405 Ruthven St:
- Immaculately presented and recently re-painted
- Currently vacant
- Gorgeous Apartment offers a large living/dining space, kitchen, 3 bedrooms & bathroom
- Anticipate around $500/wk rental income or GET EVEN MORE around $750/wk as offices
5 ADDED REASONS TO BUY:
- Excellent foot & vehicle traffic ... 75 metres to the unmissable 'centre-of-town' intersection
- Great signage opportunities
- Opposite Heritage Bank headquarters/tower
- Toowoomba region population approx. 170,000
- Toowoomba has a gross regional product of $11.56 billion
NOW SOLD!!! Made $1 MILLION at Auction on-site, 1pm - Sat 9th Oct 2021.
ARE YOU looking for a SUCCESS story- Call JACQUI WALKER.
***USEFUL SUMS / SPECS courtesy of Jacqui Walker:
- 2 x Licensed Carpark Spaces: The most recent rent cost for On-Road Carpark Licence 230867 was $1020.00 / yr
- Recent General Rates: $3,749.12 net 1/2 yr
- Recent Water Rates: $373.02 net 1/2 yr + use
- Building Insurance Cost Guide: the Current Owner's most recent policy cost $620.00 / yr
- Local Government Area: Toowoomba Regional Council
- Internet: Can connect to the NBN via Fibre-to-the-Premises technology (FTTP)
- Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements and indications.
Property History for 403 Ruthven St, Toowoomba City, QLD 4350
- 09 Oct 2021Sold for $1,000,000
- 08 Sep 2021Listed for Sale SOLD At Auction - Made $1 MILLION
- 09 Oct 2018Listed for Sale Offers to Purchase / $79,800.00pa Nett + Outs +GST
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0About 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 2,352 properties. Over the last 5 years, Houses in Toowoomba City have seen a 78.84% increase in median value, while Units have seen a 49.33% increase. As at 31 August 2024:
- The median value for Houses in Toowoomba City is $588,318 while the median value for Units is $423,491.
- Houses have a median rent of $490 while Units have a median rent of $350.
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