411/532 Ruthven St, Toowoomba City, QLD, 4350 - Apartment Sold on 19 04 2022

SoldApr 19, 2022

411/532 Ruthven St, Toowoomba City, QLD, 4350

$399,000

Apartment

•

30+ days on the market

Sold: Apr 19, 2022

What's around 411/532 Ruthven St

Inner City Apartment With City Views - 7.25% Gross Return

Offering an incredible investment opportunity in the heart of Toowoomba's CBD with a guaranteed rental return of $2,417.11per/month (7.25% gross return), this interconnecting/dual key 2 x bedroom, 1 x bathroom apartment unit and 1 x bedroom, 1 x bathroom studio unit which has a lease in place until 30th of March 2022, would make the ideal addition to your rental portfolio with the option to extend the lease, or the owner occupier that would like to move and live in the entire apartment upon the lease completion, or move into 1 of the apartments and continue to rent the other apartment out. Apartment 421: - Modern kitchenette with sink, fridge and electric cooking - Open bedroom/living room with built-in desk and air-con - Bathroom with shower, vanity and toilet, storage cupboards Apartment 422: - Modern kitchen with electric appliances including dishwasher - Open plan and air-conditioned lounge and dining, balcony - Two good sized built-in bedrooms, built-in laundry in room - Bathroom with shower over full-sized bathtub, vanity and toilet Additional Features: - Ceiling fans throughout, secure parking to the apartments for 1 x car - Complex offers a heated swimming pool, spa, gymnasium, and BBQ area - Guaranteed rental income of $2,417.11per month until 30th March 2022 - Once lease expires, option to live in one apartment and rent the other out - Set in the heart of Toowoomba's CBD, walk to shops, restaurants and bars - Body Corp $1,197.05 net per/quarter plus annual $315.28 for insurance - Furniture rental fee of $259.80 per month which is deducted from rent

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Seller's review

almost 4 years ago

Verified Review

Impressed! A truly positive experience.

Michael Brown my real estate agent in the sale of my apartment at Toowoomba Central Plaza recently. Michael sold my apartment for a good price and quickly. He is a very diligent real estate agent and a strong communicator keeping me informed of the progress through weekly reports and frequent updates. He managed the sale and the whole transaction process by working well with a solicitor and building and pest inspectors. We feel very fortunate to have had Michael representing us, as he simply took care of everything for us.

Anna Dou

Seller