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Suite 11/532-534 Ruthven Street Toowoomba City QLD 4350

  • Offices
  • 358 m²
  • For Sale, $1,552,000 (excl. GST)

Incredible 7.2% Net Yield Tenanted Investment-4 years income - State Govt Tenant

  • 7.2% Net Yield - Tenanted Investment
  • Lease Commenced September 2019
  • 4 years income - Government Tenant

Situated in the heart of the Toowoomba CBD, Suite 11 is located on the second floor of the A Class Toowoomba Central Plaza Apartments Hotel.

With an A Class fitout, the 358m2 premises is tenanted by The State Government of Queensland and has been since 2015. The tenant has just executed their 2 year option in September 2019, with the owner providing a further 2 year rental guarantee securing the income of the property until 2023.

The property features:
Ducted air-conditioning with great natural light
7 secure basement car parks exclusive to tenancy
3 Lifts to access the level one lift directly outside the suite
Shared amenities - disabled compliant
Opportunity to split Suite into two separate units at a later date
Access to boardroom, conference and meeting facilities

Suite 11 is well placed within the CBD and is close to TRC offices, cafes, restaurants, banks and shops. This property offers a fantastic opportunity to purchase a tenanted investment with a secure income and tenant!

Property Highlights

Property ID2015888691
Floor Area358 m²
Land AreaAsk Agent
Parking7 x Onsite parkings
Building TypeWhole building
Annual Return720%
AvailabilityAsk Agent
Category
Last updated  18 Nov 2019
Map for Suite 11/532-534 Ruthven Street Toowoomba City QLD 4350
Drew Camm
3 Lucinda Dr Highfields QLD 4352

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