55 Tully St represents an exceptional investment opportunity for the astute investor/s looking for an inner-city opportunity only 5 mins to the CBD or those buyers looking for a dual occupancy residence. NO BODY CORPORATE FEES. Please read on: FOR THOSE INVESTORS This rare unique property is 1 huge house that has been divided into 2 separate units (Unit 1, downstairs has been renovated & Unit 2, upstairs is all original & traditional). The real bonus with this property is there is only 1 title search & 1 rate notice however you can earn an income from the 2 separate units. Also please note that both units have been separately electricity metered for ease of renting. FOR THOSE LOOKING FOR DUAL OCCUPANCY This property would be ideal for those seeking a large residence that can be dual occupied. Perfect for you to live upstairs / downstairs; the choice is yours and rent out the other unit. There are internal stairs that are currently prominently deadlocked so each resident cannot access the other unit. See what each unit has to offer: Unit 1 - Lower Level: 3 Bedrooms, 1 Bathroom & Study The renovated lower level offers three large bedrooms, the master with split system air-conditioning, a renovated bathroom with oversized shower, split system air-conditioned living area, an eat-in kitchen & a separate multipurpose / study room. * Split system air-conditioning in master and second bedroom (3rd bedroom with aircon) *A neat & tidy kitchen * Large renovated bathroom with oversized shower * Split system air-conditioned living area *Carpet in living & bedroom areas *A large separate multipurpose room to the front of the unit, ideal as a study or professional office or if you need another living area * Large internal laundry / storage area * Lovely private front courtyard that has been paved - a great space to sit with a cool drink * 1 carport Unit 2 - Upper Level: 3 or 4 Bedrooms, 1 bathroom, study / sunroom, front & back timber decks & a separate living area that could be divided into additional rooms / bedrooms All original throughout boasting traditional, classic features such as high ceilings, tongue and groove walls, French doors and front & rear timber decks overlooking beautiful Victoria Park across the road. * Reserve cycle air-condition in master bedroom; most rooms have ceiling fans * 2 other bedrooms incl. one that is huge & could be used as an additional living area or could be divided into 2 bedrooms if needed *A separate office with air conditioning * Carpets throughout * Open plan living, dining and kitchen area with good air flow onto the covered rear deck * Original functional kitchen with banks of louvers looking onto the rear deck * Fully enclosed and louvered sunroom that was the original veranda that opens onto the front deck * Fully covered all weather timber front deck overlooks beautiful Victoria Park Other important information: • NO BODY CORPORATE FEES • Both units have separate electricity meters • Compliant smoke alarms installed throughout as per the new QLD laws 1st January 2022 • Unit 1, downstairs rented till 15/10/2023 at $250 per week • Unit 2, upstairs rented till 24/10/2023 at $290 per week • The property did not flood during the 2019 flood even with a King Tide • 1 rates notice - approx $4000 per annum • NBN installed Over the past 4 years the owner has renovated the following: • Unit 1 (downstairs) - kitchen and bathroom fully renovated; all new carpets; full internal paint; new stove + gas bottles, possibly 3 of the 5 aircons replaced; all new curtains & blinds. • Unit 2 (upstairs) - full gap seal on all walls & total repaint; new curtains; both decks & external stairs renovated & resealed; at least 2 of 5 aircons replaced; new hot water system installed; all new gutters; new stove; bathroom renovated (except for bath); front louvres replaced including security screen Location • 5min walk to Townsville's Eat street and NRL Stadium & the V8's