With Forty Winks and Southside Fitness occupying the 2,671m2 property, 657 Ruthven Street is a fantastic opportunity to secure a quality solid yielding tenanted investment in Toowoomba.
A modern Tilt Slab construction built in 1998, the property is perched upon a 2,671m2 block with a NLA of 1,681m2. The property has 34 onsite car parks and is in very close proximity to a host of high profile and high advertising retailers such as Joyce Mayne, Barbeques Galore and Toyword just to name a few.
Zoned Mixed Use, the premises can be used for a variety of businesses, eg Gyms, Retailers, Office etc which only future enhances the value of the property.
Net Income - $ 298,492.69
Net Yield 7.85%
Tenants: Forty Winks & Southside Fitness
This is impressive buying and is an asset that will pay for itself!