411 Ruthven Street, Toowoomba City represents an opportunity for astute investors or developers to stake their claim on prime CBD Property with upside.
Two street frontage to Ruthven Street and Mark Lane, allows for a potential development upside of basement car parking and inner city residential living up to 3 storeys (STCA), residential due to the property zoning as principal centre.
Rarely does an opportunity of this nature, at this price point become available to the open market.
Asking Price : $1,150,000.00
Key Features:
- Returning $92,102.33 Net per annum
- 5 Year Lease with Premier Cane Expiry 31/08/2024
- 5 Year Lease with Battle Station’s Expiry 16/07/2022
- Great investment opportunity
- Located within 100m of Toowoomba’s busiest intersection
- Zoned Principal centre allowing for redevelopment (STCA)
- High exposure location with great walking traffic
- Laneway access to rear of the property
This investment opportunity is one not to be missed, so enquire now to secure an in demand asset!
For further information contact Chris Stewart on 0451 948 001 or via email cstewart@ljht.com.au