11/532-534 Ruthven Street

Toowoomba Q 4350

$ 1,470,000

Basic Facts

Type: Floor Area: 358 m² Land Area: 358 m²
Car Parks: 7 Secure Basement Car Parks Zoning: Principal Centre Net Rent: $ 111,693
Yield: 7% Net Yield
Fantastic QLD State Government secured 7% Net Yield Tenanted Investment

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 a premium fitout, the 358m2 premises is tenanted by The State Government of Queensland and has been since 2015. The tenant, Department of Housing, has secured the property until 2021, with the owner confident the current tenant will remain, providing an 18 month guarantee. Securing an income on the property until 2023, Suite 11 is a great opportunity to purchase a reliable invesment.

The property features:

  • Ducted air-conditioning with great natural light
  • 7 golden 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!

  • Properties Qty: 96
  • Company: DC Commercial

With over 25 years experience in his own business, Drew Camm has a wealth of knowledge and experience both in business and negotiating. With a vibrant personality, Drew has established DC Commercial, building the business to focus on being innovative, dynamic and providing excellent customer service.