61 Ruthven StreetHarlaxton QLD 4350
Property Details for 61 Ruthven St, Harlaxton
Last Listing description (January 2025)
L J Hooker Commercial Toowoomba are pleased to offer to the market, for sale the freehold and business of the Garden City Backpackers via Expression of Interest closing 7th November 2024.
This business opportunity is that of the Garden City Backpackers, currently with a net income of $64,810.60*generated from the current business onsite, the property is owner occupied currently with no rental payable and no rental agreement in place.
The freehold opportunity is a 2956m parcel of land improved by a low set brick building comprising of 12 rooms with a selection of double bunk bed share rooms or singles, spacious commercial Kitchen, large lounge area, outdoor Veranda & BBQ area the property also has 2 washrooms & 2 amenities blocks for the use of the occupants during their stay.
Key Features:
- High Exposure to Ruthven Street carrying 24,000 cars per day
- Easy Access to CBD and Public transport.
- Busy agriculture region providing as of right customer base.
- Well positioned to new development and infrastructure projects
- Business Net income: $64,810.60 (Approximate)
- Ability to increase potential onsite with further council approvals.
For more information or to arrange a private inspection please contact exclusive agent Chris Stewart of LJ Hooker Toowoomba
*approx.
** Subject to Council Approval
Property History for 61 Ruthven St, Harlaxton, QLD 4350
- 25 Nov 2024Sold for $1,104,000
- 01 Oct 2024Listed for Sale EOI Closing Thursday 7th November 24 at
- 08 Sep 2016Transferred for $380,000
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About Harlaxton 4350
The size of Harlaxton is approximately 5.0 square kilometres. It has 12 parks covering nearly 10.7% of total area. The population of Harlaxton in 2016 was 2547 people. By 2021 the population was 2824 showing a population growth of 10.9% in the area during that time. The predominant age group in Harlaxton is 10-19 years. Households in Harlaxton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Harlaxton work in a community and personal service occupation.In 2021, 50.50% of the homes in Harlaxton were owner-occupied compared with 51.60% in 2016.
Harlaxton has 1,496 properties. Over the last 5 years, Houses in Harlaxton have seen a 113.80% increase in median value, while Units have seen a 153.07% increase. As at 28 February 2026:
- The median value for Houses in Harlaxton is $706,751 while the median value for Units is $614,287.
- Houses have a median rent of $515 while Units have a median rent of $360.
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