OFF MARKET

608/532-544 Ruthven Street
Toowoomba City QLD 4350

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
Land area: 86m2
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Property Details for 608/532-544 Ruthven St, Toowoomba City

608/532-544 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 86m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2007
Floor Size
80m2
Land Size
86m2
Local Government
Toowoomba Regional
Lot/Plan
608/SP115378

Last Listing description (October 2017)

This luxury income earning apartment is situated in Toowoomba Central Plaza right across the street from the Toowoomba Town Hall. If you are seeking to find a positive income property with a rock solid long term 5 year lease in place - this is for you!!!
This residence delivers ZERO VACANCY and ZERO MANAGEMENT FEES. It is cash positive from day one and offers $485 per week rent in year one. If you wish to see a fact sheet you can see how you will make $200 per week from day one. Call for a fact sheet.
This large two bedroom apartment offers stylish fittings and inclusions including stone bench tops and quality carpets. Both bedrooms are spacious and each have a large bathroom. The kitchen is also spacious and well appointed.

This large two bedroom residence (86msq) can also be used as a studio apartment and separate one bedroom apartment. This can magnify your income stream. This apartment is fully furnished which increases the tax benefits for an investor owner. This makes an ideal investment property as it delivers:
- Rental guarantee / long term tenant ( Central Apartment Group)
- Strong returns
- Strong anticipated capital growth in the diverse Darling Downs local
economy
-Maximum tax benefits
-The ability to stay at any Central Apartment Group resort for heavily discounted owner stay rates
-Zero vacancy factor and zero management fee
Toowoomba Central Plaza is a beautiful landmark building in the region.
It offers guests:
- Pool, gym and spa
- Restaurant and bar
- Day spa
- Corporate lounge
- Conference facilities
Please contact Alison on 0414 739 891 with any queries or to arrange an inspection.

Property History for 608/532-544 Ruthven St, Toowoomba City, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$280,000
08 Feb 2021
  • 08 Feb 2021
    Sold for $280,000
  • 16 May 2016
    Listed for Sale Not Disclosed
  • 06 Oct 2005
    Sold for $310,000

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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 28 properties listed for sale, and 112 properties listed for rent in Toowoomba city on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Toowoomba city.

Suburb Insights for Toowoomba City 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.