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1

2,3,4./16 Blackman Street, Tully, QLD 4854, Australia
$899,000
20 bed 4 bath

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Area Price Guide
$845,060$952,940

Indicative price guide range

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32
Comparable
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$500,000
Area median
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+80%
vs median
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1 month ago
Listed

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About this property

This property is offered as a residential asset and is currently utilised as a high capacity shared living residence with established tenants already in place, providing immediate income from settlement. Across two levels, the building comprises four separate 5 bedroom accommodation clusters, each with its own living room, kitchen, and internal communal areas. Bathroom and toilet facilities are positioned externally to each cluster, supporting efficient cleaning and high turnover use. While sold under a residential title, the scale and internal layout present clear future potential for conversion into four separate residential units, subject to council approval, building classification requirements, and compliance with relevant planning and fire safety standards. Buyers seeking a residentially titled property with strong income performance, operational versatility, and long term redevelopment potential will recognise the rarity of this opportunity in the Tully market. Key Features: - Four separate, five-bedroom accommodation clusters. - 20 Bedrooms. For a detailed buyer's prospectus or to arrange an inspection contact Agent today.

Property Features

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    Repayment calculator

    $4,358/month
    $2,179 /fortnight
    Loan $719,200 at 6.10% over 30 years

    Upfront costs

    Deposit$179,800
    Stamp duty$33,480
    Conveyancing (est.)$2,000
    Total upfront$215,280
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    20
    Bathrooms
    4
    Listed
    1 month ago

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