Level 2/203/677-68 Ruthven Street, South Toowoomba, Toowoomba

Offering a long-term investment opportunity perfect for a set and forget investor, ideal for an SMSF or private entity.

Located on the fringe of the CBD, close to leading schools, caf�'s, shops, medical, the Base Hospital and moment to the City Golf Club.

The rental return is secured under a Commercial Lease agreement with a fantastic yield on offer and no outgoings payable by the property owner.

- Boasting 2 built in bedrooms

- Main offers walking robe and beautiful ensuite

- Spacious main bathroom & internal laundry

- Open plan living, makes for easy living and joyful entertaining

- Stone benchtops and stainless-steel appliances

- Handleless cabinetry & loads of storage space throughout

- Triple sliding doors open out to the balcony

- Double car parking plus a storage area is included

While you can't live in the apartment, the current lease ensures you have a secure investment moving well into the future.

Current Lease Terms -

- Initial 10-year term commenced mid 2021 (approx. 6+ years remaining)

- There are two additional 10-year options available to the tenant

- The tenant pays ALL the standard outgoings (Body Corp, Insurance, Rates, Management Fees, plus)

- Bond- 3 Months rent plus Outgoings

- There is a make good clause as part of the lease agreement

Enquire today for more information on what this fantastic opportunity looks like, an Information Memorandum is available for your perusal.