40 Tully Street, South Townsville, Qld 4810

Presenting an incredible opportunity for astute investors, 40 Tully Street in South Townsville is a versatile and potentially high-yielding property that ticks all the boxes for solid returns and future growth. This unique property features four individual units, each designed for modern living and long-term tenant appeal. Whether you're looking to expand your portfolio or secure a stable income, this property offers exceptional value in a prime location.

Versatile layout with outdoor spaces: 

• The property features 2 x 2-bedroom units upstairs, each with an expansive back deck, and 2 x 1-bedroom fully tiled units downstairs, complete with a laundry and ample undercover areas at the back
• Downstairs units with one spacious bedroom: Offers comfortable living spaces for tenants, appealing to those seeking a cozy home.
• Upstairs units with two spacious bedrooms: Provides ample space for tenants, ensuring a comfortable and versatile living environment.
• Well-appointed bathroom per unit: Designed with contemporary fixtures, offering modern convenience and style.
• Dedicated car park for each unit: Ensures convenience and security for residents, enhancing the appeal of the property.

Prime Location:

• Central South Townsville location: Situated in the heart of the area with easy access to local amenities, shopping centers, and public transport, making daily life convenient for tenants.
• Walking distance to Queensland Country Bank Stadium, cafes, and beautiful Victoria park: Enjoy the convenience of being close to entertainment, dining options, and scenic outdoor spaces, making it an attractive choice for tenants.  

High Rental Demand:

• Highly sought-after area for renters: Excellent investment potential with strong rental yield, ensuring consistent income.
• Diverse rental options: Multi-unit setup allows for a mix of long-term leases or short-term accommodation, catering to various market demands.

Future Growth Potential:

• Steady growth in South Townsville: Ongoing infrastructure developments and increasing property values make this an ideal opportunity for capital growth.
• Immediate rental income with future appreciation: An excellent balance of current returns and future financial gain.