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16/532-534 Ruthven Street
Toowoomba City QLD 4350
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Sold on 29 Sep 2022

16/532-534 Ruthven Street Toowoomba City QLD 4350

  • Offices
  • 262 m²
  • Sold

Unparalleled Government backed investment opportunity on a 7 year lease with 5 x 2 year options!!

    This is an exceptional and almost unprecedented opportunity to secure a solid investment with ongoing income opportunities until 2038, yes 2038!!

    The net income of this A Class premises becomes $49,344.80 and as it is for sale via this expressions of interest opportunity, this presents an incredible buying opportunity!

    The Toowoomba Regional Council is the secure tenant with the lease containing annual 3% increases, in what is a solid and long hold buying opportunity, with market reviews at each option.

    The premises itself features:

    - 262m2 air-conditioned premises with multiple offices and large open plan area
    - Large Kitchenette
    - Shared onsite male, female and disabled compliant amenities
    - 3 onsite lifts that access level 2
    - Disabled Compliant
    - 2 secure basement car parks
    - Market reviews at each option

    The lease commenced on the 1 April 2022 providing a great investment opportunity for the astute buyer.

    Click on the link to view the virtual tour of the property please note that works are currently in progress for the tenant's fit out.

    Contact Drew Camm DC Commercial on 0432 055 250 to obtain an information memorandum or to arrange an inspection of the property.

    Property Highlights

    Date Sold29 Sep 2022
    Floor Area262 m²
    Land Area262 m²
    ParkingAsk Agent
    Virtual TourView Tour
    Property ID2017998200
    Category
    Last updated  12 Dec 2022
    Map for 16/532-534 Ruthven Street Toowoomba City QLD 4350

    Property Highlights

    Date Sold29 Sep 2022
    Floor Area262 m²
    Land Area262 m²
    ParkingAsk Agent
    Virtual TourView Tour
    Property ID2017998200
    Category
    Last updated  12 Dec 2022

    Listed by

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