411/532-544 Ruthven Street, Toowoomba City, Qld 4350

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411/532-544 Ruthven Street, Toowoomba City, Qld 4350-Image

411/532-544 Ruthven Street, Toowoomba City, Qld 4350

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Last updated on Monday, July 06, 2026 ( See property details for 411/532-544 Ruthven Street, Toowoomba City, Qld 4350)

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Michael Brown - Real Estate Agent - myhouse Realty Toowoomba - TOOWOOMBA

Michael Brown Director- Sales/Rentals Professional

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully renovated dual-key apartment in Toowoomba's CBD offering versatile living and income opportunities with premium onsite amenities.

🏡 Property Highlights

Rare interconnecting dual-key apartment offering dual income potential
Fully renovated with modern kitchens, bathrooms, and new flooring
Prime CBD location with elevated views of Ruthven Street Park and City Hall
Flexible living options: live in one and rent the other or lease both for maximum income
Strong rental demand in the inner-city pocket with high-yield potential
Onsite facilities including heated swimming pool, spa, BBQ area, and gym

✨ Key Features

Swimming Pool
Garage
Air Conditioning
Open-Plan Living
Built-in Robes
Outdoor Area
Security Screens / Gates
Fly Screens
Balcony
Extra Storage (Shed/Linen)

Suburb and Property Insights of Toowoomba City, QLD 4350

Toowoomba's CBD offers vibrant urban living with easy access to cafes, shopping, dining, and nightlife. The area boasts strong rental demand, excellent amenities, and scenic city views. Its central location ensures convenience for residents and investors alike, making it a highly sought-after inner-city pocket. The community is lively, with a mix of professionals, students, and families enjoying the vibrant city lifestyle. Proximity to Ruthven Street Park and City Hall enhances the appeal of this prime location.

Frequently Asked Questions

What are the ongoing maintenance costs for the onsite facilities?

The maintenance costs for onsite facilities such as the pool, gym, and BBQ area are covered by the building's strata or body corporate fees, which are payable quarterly or annually.

Can I lease both apartments separately and what are the rental expectations?

Yes, both apartments can be leased separately. The current rental income is approximately $550 per week for Apartment 422 and $380 per week for Apartment 421, with potential for higher returns if furnished.

Are there any restrictions on short-term rentals or Airbnb in this building?

You should check with the building management or strata scheme for specific rules regarding short-term rentals, as some buildings have restrictions or require approval.

What are the parking arrangements for residents and visitors?

The property includes a secure parking space for one vehicle, with additional parking options available nearby depending on the building's facilities.

Is the property compliant with current building and safety standards?

The property has been fully renovated with modern fixtures and fittings, and should comply with current safety standards; however, a building inspection is recommended for confirmation.

What to ask about this property to agent?

Are there any upcoming strata or body corporate fee increases or special levies planned? Is there any history of flooding or bushfire risk in this area? Are there any restrictions or easements affecting the property’s use or future development? What are the long-term plans for the surrounding area that could impact property value? Are there any ongoing or upcoming construction projects nearby that could cause noise or disruption? Has the property been inspected for pests, mold, or structural issues? Are there any hidden costs associated with the onsite facilities or maintenance fees? Is the current tenant in Apartment 421 on a fixed-term lease, and what are the conditions for renewal? Are there any zoning restrictions that could affect future modifications or extensions? What is the history of the property's compliance with building codes and safety regulations?

411/532-544 Ruthven Street, Toowoomba City, Qld 4350 - More Details

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Positioned in the heart of Toowoomba's CBD, this is a standout opportunity that rarely comes to market. This cleverly designed interconnecting dual-key apartment delivers the ultimate blend of lifestyle and income, all within steps of the city's best cafés, shopping, dining, and nightlife.

Set on the fourth floor with elevated views across Ruthven Street Park and the iconic City Hall, this fully renovated property offers two self-contained residences under one title, perfectly suited for savvy investors or owner-occupiers looking to offset their mortgage.

Live in one and rent the other or maximise returns by leasing both, the flexibility here is the real gamechanger. With strong rental demand in this prime inner-city pocket, the potential for dual income is immediate and compelling.

Both apartments have been stylishly updated with modern kitchens, sleek bathrooms, and fresh flooring, meaning there's nothing to spend and everything to gain. Whether you're chasing high-yield investment performance or a smart city lifestyle with built-in income, this rare dual-key configuration ticks every box.

Central, versatile, and income-generating...opportunities like this are few and far between.

Property Highlights: -

- Rare interconnecting apartment unit offering dual income potential
- Option to live in the 1 x apartment and rent the other apartment out
- Inner City convenience, central to multiple shops, restaurants and bars
- Both apartments with renovated kitchens, bathrooms and new flooring
- A total of 100m2 of usable living space between both apartments

Apartment 422: -

- Renovated kitchen with electric appliances including dishwasher
- Open plan living and dining room with built-in bench seating to dining
- Two built-in bedrooms with new carpets and city views through windows
- Renovated bathroom with large corner shower and floor to ceiling tiles
- Ceiling Fans throughout and reverse cycle air conditioning in living room
- Laundry room, South facing balcony, secure parking space for 1 x vehicle
- Rental income of up to $550per week, higher return potential if furnished
- Option to live in and continue renting apartment 421 for additional income

Studio Apartment 421: -

- Renovated kitchenette with electric cooktop, rangehood and bar fridge space
- Open plan bedroom/living with reverse cycle air conditioning and ceiling fan
- Renovated bathroom with large walk-in shower and floor to ceiling tiles
- Laundry cupboard, renting furnished for $380per week until mid-June 2026
- Option to live in and rent out apartment 422, current tenant happy to stay on

Onsite Facilities: -

- Heated swimming pool, spa, BBQ area and gymnasium

Type: Unit
Bedrooms: 3
Bathrooms: 2
Parkings: 1

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