9 Tully Street, South Townsville QLD 4810

Property Details: • Type: Block of Units

• Bedrooms: 5 • Bathrooms: 4

Description: 9 Tully Street is a rare opportunity to secure a high-performing investment in the heart of South Townsville. This block of four units, comprising a total of five bedrooms and four bathrooms, is fully tenanted and currently returning $1,420 per week - that's immediate, reliable income from day one. Each unit is designed for comfortable, practical living with well-sized bedrooms, functional bathrooms, and easy-care layouts. Separate access points and utility areas ensure privacy for tenants, while the compact 455sqm block is simple to maintain, making it a low-hassle investment for any portfolio. Located just minutes from the CBD, The Strand, schools, and shopping, the property benefits from consistent rental demand and a blue-chip position. For savvy investors chasing strong yields with long-term growth potential, 9 Tully Street is an opportunity not to be missed. Unit 1 - Leased until: 28/07/2026, Current Rent: $380 per week Unit 2 - Leased until: 30/09/2026, Current Rent: $350 per week Unit 3 - Leased until: 23/05/2026, Current Rent: $340 per week Unit 4 - Leased until: 25/02/2026, Current Rent: $350 per week The owner currently pays $2,006.64 per year in insurance for the building via Suncorp. The imagery we've utilised is for unit 1, 2 & 4 showing them vacant. The units have either the same or mirror image floor plans and the fitout is practically identical. Unit 1 has an additional room at the end by utilising a portion of what would have been a very long living space. **Full Video walkthrough tours are available for every unit in their current condition. Unit 3 downstairs could easily be modified to have a 2 bed configuration also.** Brightest Features: -Block of four fully tenanted units -Currently returning $1,420 per week rental income -Five bedrooms & four bathrooms in total -Comfortable layouts with separate entries for each unit -Low-maintenance 455sqm block -Secure investment with all units occupied -Strong rental demand in a growth corridor -Minutes to CBD, The Strand, schools & shops -Reliable cashflow plus long-term capital growth potential