42 Theodore Street, Tully, Qld 4854

Looking for Offers in Mid $600’s

House
Type
6
Bedrooms
4
Bathrooms
2
Parkings

Published on Monday, September 14, 2026 ( See property details for 42 Theodore Street, Tully, Qld 4854)

Looking for Offers in Mid $600’s

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, well-located duplex in Tully offering excellent rental potential and modern updates.

🏡 Property Highlights

  • Potentially positively geared duplex with current return of $850 per week
  • Two well-maintained 3-bedroom, 2-bathroom units in excellent condition
  • Located in a quiet street within walking distance to schools and main street amenities
  • Features include air conditioning in all bedrooms and some living areas
  • Solar panels installed on the rear unit for energy efficiency
  • High occupancy rates due to sought-after location and tenant demand

✨ Key Features

  • Air Conditioning
  • Ensuite
  • Excellent storage throughout
  • Internal Laundry
  • Solar Panels
  • Large end-on-end carport
  • Good size internal laundries
  • Walk to amenities
  • Quiet street location
  • Recently updated
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42 Theodore Street
Tully, QLD 4854
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Vertical aerial view — 42 Theodore Street
42 Theodore Street — Vertical Aerial  •  Tully, QLD 4854  •  Nearmap © 2026

Tully is a vibrant Queensland town known for its friendly community and convenient location. The suburb offers easy access to schools, shopping, and local amenities, making it ideal for tenants and investors alike. Its peaceful streets and strong rental demand ensure a stable investment environment. Surrounded by natural beauty, Tully provides a relaxed lifestyle with essential services close by. The area’s excellent connectivity and sought-after location make it a prime choice for long-term property investment.

What is the current rental income and potential for increase?
The duplex currently generates $850 per week, with potential to increase to $900 with appropriate notice.
Are there any recent renovations or updates?
Yes, both units are in excellent condition with considerable updates undertaken by the current owner.
What amenities are within walking distance?
The property is within walking distance to St Clare’s School, the main street of Tully, and local amenities.
Is the property suitable for tenants seeking energy efficiency?
Yes, the property features solar panels on the rear unit, enhancing energy efficiency.
What makes this property a good investment opportunity?
Its high occupancy rates, excellent location, modern updates, and energy-efficient features make it a highly sought-after investment.
Are there any zoning restrictions or easements affecting the property? What are the ongoing maintenance costs for the duplex? Are there any planned developments or construction nearby that could impact the property? Has the property been inspected for pests or structural issues? Are there any strata or body corporate fees applicable? Is there any history of flooding or bushfire risk in the area? Are there any restrictions on future modifications or extensions? What are the local council rates and utility costs? Is the property compliant with current building and safety standards? Are there any upcoming changes to local planning regulations that could affect the property?

42 Theodore Street, Tully, Qld 4854 - More Details

Looking for Offers in Mid $600’s

Looking for a property that could potentially be positively geared? Well this duplex, consisting of two 3 brm/2 bath units, is currently returning $850 pwk which could increase to $900 with appropriate notice.
Both units are in excellent condition with considerable updates having been undertaken by the current owner who occupied the rear unit for 9 years prior to January this year.
Located in a quiet street in walking distance of St Clare’s School and the main street of Tully, these units are highly sought after by tenants and attract high occupancy rates.
Features include –
. air conditioning to all bedrooms and some living areas
. excellent storage throughout
. ensuites to main bedrooms
. good size internal laundries
. large end-on-end carport
. solar panels to the rear unit
. easy walk to all amenities
This is a rare find in an excellent location so be quick to inspect
Type
House
Bedrooms
6
Bathrooms
4
Parkings
2

Map & nearby places — 42 Theodore Street, Tully, Qld 4854

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