Residence – Share accommodation, at rear of 30 Butler Street, Tully.
All furniture included. Close to shops. Includes: TV, Comfortable lounge.
Kitchen has all cooking utensils. Three bedrooms complete with individual bedding and ceiling fans.
The unit is fully detached from the business premises and has Separate toilet & shower room. There is also an internal laundry, making it fully self-contained.
This property has been used for accommodation for some time and is popular with the backpacker set because of its proximity to the banana worker pickup points and the town’s amenities such as the Tigers Leagues Club and the Tully Hotel and Mount Tyson Hotel. The unit has everything that backpackers want and has good rental history. Currently looked after by our friendly Property Management team.
The property has been upgraded to current cyclone regulations and is newly cladded.
The property includes a car parking area at the rear.
Retail Shops – Tully is a vibrant agricultural community, home to the largest banana growers in the country and the largest sugar mill in Australia, servicing one of the country’s most productive sugar cane growing areas.
One of the premiere retail businesses in town is looking to divest ownership of their property and be free to concentrate exclusively on their retail business. The property is in a prime location in the main street shopping strip and has been split in half to accommodate two businesses providing extra income.
The current owners are looking to continue trading under a leasing arrangement with the new owners.
The building is approx. 110m x 160m (1760m2) with an 110m frontage and has been recently air conditioned.
Income Potential: The owners intend to stay on in the retail business and will provide a Lease-in-Place arrangement for the store.
The total return is estimated to be around $46,800 p.a. (shop and Unit), depending on the tenancy arrangements for the Residence.
Contact the friendly sales team at LJ Hooker Tully for more information, or to arrange an inspection.