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470-486 Ruthven Street, Toowoomba City QLD 4350

2. Property Highlights

Multi-Tenanted Investment in Australia's Strongest Performing Region
  • Westpac + 17 specialties
  • 5.74 years WALE by Income
  • Estimated nett income circa $1.5m

Colliers Toowoomba is delighted to present 'Walton Stores' 470-486 Ruthven Street, Toowoomba City to the market for sale in one line or individually via Expressions of Interest closing 31st August 2023.

Located in the heart of Toowoomba's Central Business District, Walton Stores is the landmark social and business precinct within the city; a development that harnesses the rich historic architecture with modern interpretation creating a hub for lifestyle, corporate and retail businesses.

Anchored by Westpac, Great Southern Bank and supported by a vibrant mix of lifestyle and hospitality businesses, the property boasts a consistently high occupancy across 18 tenancies and offers investors the opportunity to acquire a significant mixed use holding in Australia's strongest performing regional centre.

Walton Stores comprises a 4,820sqm* combined site area across 3 properties with two street frontages to Ruthven Street and Annand Streets and is in close proximity to QIC's Grand Central Shopping Centre, multiple parking stations and The Oaks Hotel.

Features include:
- Net income of $1,503,281.94* per annum across a broad array of tenants with a diverse range of sectors and occupier types
- 5.74 years WALE
- Huge net lettable area of 3,459sqm* with 18 separate tenancies
- Site area 4,820sqm* across all 3 lots
- ASX tenant covenant Westpac
- Offering the perfect mix of modern convenience and community connection with tenants such as; Hello Harry, Bodega, Bergen, Rashays, Synergy Consolidated & many more
- Zoned 'Principal Centre'
- Prime CBD location in the heart of the city centre
- Available for purchase in one line or individually

'Walton Stores' provides an outstanding opportunity to secure a long-term multi-tenanted investment in Australia's strongest performing regional centres.

For more information or to arrange an inspection, please contact Exclusive Marketing agent Dan Dwan of Colliers Toowoomba.

Remember to mention you found this property on CommercialReady

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3. Property Location

470-486 Ruthven Street, Toowoomba City QLD 4350

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4. Due Diligence

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470-486 Ruthven Street, Toowoomba City QLD 4350 Toowoomba
Colliers - Toowoomba
Colliers - Toowoomba
171, Hume Street, Toowoomba City, Toowoomba Regional, Queensland, Australia, 4350
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