9 Tully Street, South Townsville QLD 4810
Fully Tenanted Block of 4 Units – $1,390/Week Rental Return - 7.2% Gross Yield
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 $1,390 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: 16/01/2026, Current Rent: $350 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 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 $1,390 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
Property Features
Property Features
- Block Of Units
- 5 bed
- 4 bath
- Land: 455 m²
- Deck
