Sold
Retail

381 Ruthven Street Toowoomba City, QLD 4350

Sold on 18 Oct 20233D Tour
  • Building: 6,246m²
  • Land: 4,775m²
Agents

Sold By

  • Loading...
  • Loading...
  • Loading...
  • Loading...

Retail in Toowoomba City

Receivers' Auction - Historic Toowoomba CBD Asset with Significant Development Upside

  • Building: 6,246m²
  • Land: 4,775m²

Ray White is proud to present to the market 381 Ruthven Street, Toowoomba for sale via Auction.

381 Ruthven Street commonly known as the Pigott's Building is a historic Toowoomba CBD asset with significant development upside. Pigott's Building is one of Toowoomba's most iconic and major heritage buildings and presents an opportunity to enhance a significant heritage site through adaptive re-use and development of the surplus land.

Key features of the property include:

  • 4,775m²* site area within Principal Centre Zone
  • 6,246m²* GFA
  • Principal Centre Zone in the heart of Toowoomba CBD
  • 10 storey maximum building height (STCA)
  • Holding Income from Wilson Parking
  • Dual street frontage
  • Forecast population growth of 52%* by 2046 underpinning future development
  • Adaptive re-use potential

For sale via Auction
Oaks Conference Centre Toowoomba
Wednesday 4 October 2023 at 11:00am

For further information or to arrange a private inspection please contact one of the exclusively appointed marketing agents.

*Approx.

Under instructions from Michael McCann & Matthew Byrnes as Joint and Several Receivers and Managers of Oxford Capital Pty Ltd (Receivers and Managers Appointed) which owns the Property at 381 Ruthven Street, Toowoomba.

Building:

6,246m²

Land:

4,775m² / 1.18 acres

Zone:

Principal Centre

Tenancy:

Vacant

381 Ruthven Street, Toowoomba City, QLD 4350