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

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.

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