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

Directions

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

Offices • Medical & Consulting • Other

Price information

Sale

$1,552,000

Key property information

Floor area

Car spaces

Parking info

Zoning

Tenure type

Return

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$111,693
Number of Tenants
1 Tenant
Tenants / Type
The State Government of Queensland

Map of Suite 11, 532-534 Ruthven Street

Directions

Fantastic 7.2% Net Yield Tenanted Investment - 4 yr lease - State Govt Tenant

  • 7.2% Net Yield - Tenanted Investment
  • Premium A Class building
  • 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 premium 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 owners confidence in the tenent remaining is shown by providing a further 2 year rental guarantee securing the income of the property until 2023! this is a fantastic guarantee!

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 ID: 503387514Last Updated: 4 Feb 2020

0432 *** ***
Suite 11, 532-534 Ruthven Street
Toowoomba City, QLD 4350

Agency contacts

DC Commercial
DC Commercial
Toowoomba
TOOWOOMBA CITY, QLD 4350
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Drew Camm
DC Commercial
Suite 11, 532-534 Ruthven Street Toowoomba City, QLD 4350

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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