RB Sellars building for sale for $3.9m.
RB Sellars building for sale for $3.9m. Ray White

CBD precinct's 'crown jewel' on market for hefty price

A RENOVATED commercial property in the heart of the Toowoomba CBD, which has been called the "crown jewel of the Walton Stores precinct", has hit the market with a eye-watering price tag.

The RB Sellars building on Annand St was listed for sale through Ray White Commercial, with a negotiable starting price of $3.9 million.

RB Sellars building for sale.
RB Sellars building for sale. Ray White

The property currently features long-term leases for two tenants, including retailer RB Sellars.

Ray White commercial agent Daniel McNamara said the site was one of the best assets in the Walton Stores precinct.

"Tenanted commercial investments of this calibre rarely come to the market, and when they do, they are in hot demand," he wrote in the online listing.

"This property is regarded as the jewel in the crown within the Walton Stores Precinct.

"The building itself has the charm of yesteryear, with the modern conveniences of today, having been substantially renovated, updated and fitted out only two years ago."

According to RP Data, the building was bought with another property facing Ruthven St on the same late in 2014 for $2.5 million.

For more information, call Daniel McNamara on 0417 642 965.



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