617-619 Ruthven Street

Toowoomba City QLD 4350

$ 5,100,000

Basic Facts

Property ID: 8957 Floor Area: 1724 m² Land Area: 1327 m²
Car Parks: 25 Type:
Exceptional 1,724m2 Commercial Office Premises for Sale with 25 onsite car parks! Don’t Miss Out!

Looking for an incredible buying opportunity at below replacement cost*. Look no further! 617-619 Ruthven Street is now on the market at a solid price of $5.1 Million. This is your chance to own a remarkable property with immense potential.

💡 Why Invest? Here are the reasons you can’t afford to miss out:

✅ EXISTING LEASE WITH TIDY INCOME: The premises comes with an existing lease in place until 30/06/2024, generating a substantial income of $492,144 + Outgoings (incl land tax) + GST annually.[Drew] (tenant is moving elsewhere)

✅ PRIME LOCATION: Situated in a sought-after city fringe area, this property enjoys excellent frontage to Ruthven Street, offering tremendous visibility and accessibility.

✅ ABUNDANCE OF SPACE: With a generous 1,724m²* of professional air-conditioned offices spread across five levels, there is ample room for this property to thrive. A functioning lift provides access from the ground floor to the first and second levels.

✅ PARKING MADE EASY: Say goodbye to parking woes! Benefit from over 25 rare city fringe car parks located onsite for your convenience and that of your clients.

✅ VERSATILE POSSIBILITIES: The mixed-use zoning allows for endless opportunities. Transform the space into a city fringe hotel, a trendy gym, a fully functioning medical centre with lift access, split it into three separate tenancies, or even a chic café/restaurant/juice bar that the surrounding area would welcome!

✅ EXCELLENT INVESTMENT: Concrete floors between each level provide an opportunity (subject to local council requirements) to strata title and sell, making this a versatile property and a sound investment choice.

✅ RARE GEM: Opportunities like this don’t come often. This is an extremely rare offering, not just in Toowoomba, but throughout Australia.

Seize the opportunity now! With an existing tenant in place and various potential uses, this property is a true gem waiting to be discovered. Whether you’re an investor or a business owner, the time is ripe to make this outstanding premises yours.

Contact Drew Camm from DC Commercial today to place your offer and unlock the full potential of this amazing property!
📧 Email: drew@dccommercial.com.au
📞 Phone: 0432 055 250

Don’t miss out on this golden opportunity! Act fast and secure your future today!

  • Properties Qty: 202
  • 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.