Bulky Goods / Retail VPT
910 Ruthven Street, Toowoomba QLD, Australia
Description
The two centres, located on Ruthven Street in Kearneys Spring, comprise 13,499 sqm in total and cover 4.383 hectares. The property includes 336 parking spaces. It lies around four kilometres south of the Toowoomba CBD on the major north-south arterial road.
Location
Toowoomba City provides a population catchment area of approximately 134,000 people and is the hub of the wider Darling Downs region with a population in excess of 210,000 and growth above the national average.
Key Information
- OwnershipVPT
- Acquisition19/12/2005
- Purchase Price ($,000)22,750
- Book Value ($,000)24,000 (at 31/12/07)
- Independant Valuation Date30/3/2007
- Independant Valuation ($,000)24,000
- Independant ValuerColliers
- Valuation Cap Rate7.5%
-
Net Lettable AreaRetail: 13,499 sqm
- Car Spaces336
- Occupancy as at 31/3/200850% * Bunnings has vacated – DA submitted for re-development
- No. Of Tenants8
- WALE as at 31/12/20072.1
- Rent Review StructureVarious
- Age of Building2001
Contact Details
- Guy Halsted
- 02 8257 6653
- guy.halsted@valad.com.au