 Asset Class: | Office |
 Price: | $ 970000 |
 Net Yield: | 5.90 % |
Net Yield - including solar strategy: | % |
 Property Market Status: | Off Market |
Located on one on Toowoomba's prominent and historical streets, 415 Ruthven Street is the perfect bite sized investment for the astute buyer.<br><br>Tenanted by H & R Block since 2017, it is currently leased until 15th January 2027 with landlord friendly annual 3.5% increases.<br><br>The first level has 65m2 of useable space, with magnificent historical vaulted window space and window views to the rear lane. The hidden gem is located on the second level. Overlooking the Toowoomba CBD and with the original pressed metal ceilings and floorboards in place, this 100m2 space could be transformed into inner city living.<br><br>Single-tenant investments positioned in high growth areas with strong lease covenants via an established company are rarely available on the market. Therefore, we encourage your strong consideration of this outstanding investment opportunity with so much value-add down the track.
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Is this property strata titled?
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How long has the current tenant been on site?
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Is this property in a flood zone?
Is this lease a leaseback arrangement?
<span style="color:rgb(51, 51, 51);"><b>ASX: </b></span><span style="color:rgb(51, 51, 51);">HRB</span><br><span style="color:rgb(51, 51, 51);"><b>Website: </b></span><a style="color:rgb(44, 123, 208);display:inline;font-weight:normal;" target="_blank" href="https://www.hrblock.com.au/"><u>Tax Return & Tax Accountants in Australia | H&R Block Australia</u></a><span style="color:rgb(51, 51, 51);font-weight:normal;"></span>
Initial Term:
Security:
Security Info:
<b><u>H&R Block Limited</u></b><br><br><b>ASX: </b><span style="font-weight:normal;">HRB</span><br><b>Website: </b><a style="color:rgb(44, 123, 208);display:inline;font-weight:normal;" target="_blank" href="https://www.hrblock.com.au/"><u>Tax Return & Tax Accountants in Australia | H&R Block Australia</u></a><span style="font-weight:normal;"></span><br>
Additional Financial Information FileInitial Term:
Security:
Security Info:
Subject Property: $314 Per Sqm 403 Ruthven Street, Toowoomba City, QLD 4350: $400 Per Sqm for 150 m2 7a/138 Margaret Street, Toowoomba City, QLD 4350: $410 Per Sqm (Gross) for 168 m2 2, 206 Margaret Street, Toowoomba City, QLD 4350:$368 Per Sqm for 111 m2 216 Margaret Street, Toowoomba City, QLD 4350: $400 Per Sqm for 74 m2
Offer To Purchase:
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Initial Deposit:
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Due Diligence:
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">183 m2 of open-plan, air-conditioned space, including a reception</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">500 m2 of land area area, partitioned offices, and additional office space at the rear</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Kitchenette, staff room, and male and female amenities</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Rear access via Mark Lane</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Well-presented, fully fitted-out space</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Prime exposure with a front façade and lightbox signage</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);font-weight:bold;"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Value-add opportunity via renting out the 1st and the 2nd floor</b></span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-style:normal;"><b>Value-add opportunity via getting the ground floor tenancy to market rate $314</b></span></p></li></ul>
