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576 Ruthven Street
Toowoomba City QLD 4350
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Sold on 17 Jan 2022

576 Ruthven Street Toowoomba City QLD 4350

  • Shop & Retail
  • 700 m²
  • Sold, $720,000

Opportunity Awaits - Redevelop or Refurbish - 2 Street Frontage

    Located on Toowoomba's busy Ruthven Street right opposite Toowoomba City Hall this building offers an excellent opportunity for redevelopment or refurbishment across a number of different tenancies.

    Fronting Ruthven Street is a large ground floor retail tenancy (approximately 210 sqm.) with a large glass shopfront and multiple areas within the building. With a separate side entrance, upstairs there is a 2-bedroom residential unit with large built-in bedrooms, a massive lounge/living area, and a bathroom/laundry all with extra high ceilings. At the rear of the property are two individual industrial sheds with access off Annand Street, plus a small hardstand/car park area. All of this is set on an 827 sqm. site in the Regional Centre zoning of the CBD.

    Nearby are a number of other successful redevelopments including:
    - The Annex, a restored amphitheater and function space at the back of Toowoomba City Hall
    - The new Oaks Hotel including The Rock bar and restaurant
    - Walton Stores, a multifaceted casual dining/retail/professional services development
    - $1 Billion Grand Central Shopping Centre redevelopment

    For a buyer with the right vision and appetite for property, this site is ripe for the picking.

    To arrange an inspection or learn more, please contact Leon Carlile on 0418 795 484 or Alice Ridgway on 0488 085 880.

    An Information Memorandum is available for serious purchasers upon request.

    Property Highlights

    Date Sold17 Jan 2022
    Sold Price$720,000
    Floor Area700 m²
    Land Area827 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016511443
    Category
    Last updated  1 Feb 2022
    Map for 576 Ruthven Street Toowoomba City QLD 4350

    Property Highlights

    Date Sold17 Jan 2022
    Sold Price$720,000
    Floor Area700 m²
    Land Area827 m²
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2016511443
    Category
    Last updated  1 Feb 2022
    Suite 2/200 Hume St East Toowoomba QLD 4350

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