381 Ruthven Street, Toowoomba City, QLD 4350 | Commercial for rent | OnTheHouse
 
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381 Ruthven Street
Toowoomba City QLD 4350

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Floor area: 6236m2
Land area: 4775m2
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Historic Grandeur Meets Modern Opportunity - Lease Custom Spaces in the Reimagined Pigott's Building, Toowoomba's Iconic CBD Landmark

Step into a new era of business at 381 Ruthven Street - the iconic Pigott's Building - where rich heritage meets dynamic commercial potential. Positioned in the epicentre of Toowoomba's CBD revitalisation, this landmark property offers flexible leasing opportunities tailored to suit a variety of businesses, from boutique retailers to professional services. With over 6,200m² of gross floor area and the ability to customise fit-outs to your needs, Pigott's presents an unrivalled platform for growth and visibility.
Set on a 4,775sqm* Principal Centre-zoned site with dual street frontages and 45 dedicated car parks, this property offers premium access, exceptional exposure and scalability. Benefit from the building's adaptive re-use potential, heritage appeal and the backing of a forward-thinking landlord ready to collaborate on modern fit-out solutions. With Toowoomba's CBD forecasted for over 50% population growth by 2046, this is more than a lease - it's a long-term investment in your business's future success.
• Prime CBD location with two-street frontage offering unbeatable exposure and foot traffic
• Historic Pigott's Building - one of Toowoomba's most recognisable heritage landmarks
• Over 6,200sqm* of GFA across three expansive levels plus mezzanines
• Custom-designed spaces available with landlord assistance on fit-outs (subject to terms)
• Zoned Principal Centre - ideal for a wide range of commercial uses
• 45 rear car parks accessed via Victoria Street for staff and customer convenience
• Adaptive re-use and development potential including 10-storey height limit^
• Anchored in the heart of Toowoomba's thriving CBD revitalisation precinct
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Property Details for 381 Ruthven St, Toowoomba City

Building Type
Commercial
Floor Size
6236m2
Land Size
4775m2
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About Toowoomba City 4350

The size of Toowoomba City is approximately 2.7 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Toowoomba City in 2016 was 2088 people. By 2021 the population was 2321 showing a population growth of 11.2% in the area during that time. The predominant age group in Toowoomba City is 20-29 years. Households in Toowoomba City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toowoomba City work in a professional occupation.In 2021, 36.20% of the homes in Toowoomba City were owner-occupied compared with 34.40% in 2016.

Toowoomba City has 2,410 properties. Over the last 5 years, Houses in Toowoomba City have seen a 108.30% increase in median value, while Units have seen a 78.24% increase. As at 31 October 2025:

  • The median value for Houses in Toowoomba City is $729,756 while the median value for Units is $506,392.
  • Houses have a median rent of $490 while Units have a median rent of $395.
There are currently 20 properties listed for sale, and 128 properties listed for rent in Toowoomba city on OnTheHouse. According to Cotality's data, 101 properties were sold in the past 12 months in Toowoomba city.

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Ray White Commercial Toowoomba
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