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50 Butler Street, Tully, Qld 4854

50 Butler Street, Tully, Qld 4854 For Sale
50 Butler Street, Tully, Qld 4854 50 Butler Street, Tully, Qld 4854-Image 50 Butler Street, Tully, Qld 4854-Image 50 Butler Street, Tully, Qld 4854-Image 50 Butler Street, Tully, Qld 4854-Image 50 Butler Street, Tully, Qld 4854-Image
Other
Type
22
Bedrooms
10
Bathrooms
13
Parkings
2,866 m²
Area

Published on Wednesday, March 04, 2026 ( See property details for 50 Butler Street, Tully, Qld 4854)

Tender Closing: 1st April @ 10:00AM

Ben Keene - Real Estate Agent - Ray White - Cairns
Ben Keene Sales Agent for The Ray Murphy Team
Call Message Chat
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to acquire a fully operational freehold backpacker accommodation and hospitality asset in the heart of Tully, offering immediate income and future growth potential.

🏡 Property Highlights

  • Prime CBD freehold site with dual street access in Tully's main street
  • Established backpacker accommodation with capacity for up to 120 guests
  • Diversified income streams including accommodation, hospitality, and commercial lease
  • Purpose-built facilities featuring bar, pool, recreational amenities, and commercial kitchen
  • Fully fenced with CCTV security for enhanced safety and privacy
  • Strong tourism and working backpacker market with significant growth potential

✨ Key Features

  • Waterfront / Views
  • Outdoor Area
  • Security Screens / Gates
  • Open-Plan Living
  • Built-in Robes
  • Garage / Secure Parking
  • Air Conditioning
  • Swimming Pool
  • Extra Storage (Shed/Linen)
  • Ceiling Fans

Tully is a vibrant township in North Queensland renowned for its strong tourism and agricultural industries. The suburb offers excellent walkability with easy access to amenities, transport, and local attractions. Its strategic location makes it ideal for hospitality and accommodation businesses. The area benefits from a growing visitor influx, supporting diverse income opportunities. Tully’s community and infrastructure foster a thriving environment for both residents and investors.

What is the current occupancy rate and income generated by the property?
The property is fully operational with a strong occupancy rate, generating diversified income streams from accommodation, hospitality, and leasing arrangements, though specific figures should be obtained from the current owner.
Are there any existing planning or zoning restrictions that could affect future development?
The property is situated on a CBD freehold site with existing purpose-built facilities; potential buyers should verify local zoning regulations and any restrictions with the Tully council.
What are the ongoing maintenance and operational costs?
Ongoing costs include security, insurance, maintenance of facilities, and staff wages. Detailed financials are available upon request from the selling agents.
Is the commercial kitchen currently operational, and what are the upgrade or renovation possibilities?
The commercial kitchen is presently not in operation, offering potential for owner-operator or lease-based income growth through upgrades or new business initiatives.
Are there any upcoming developments or infrastructure projects planned in the area?
Prospective buyers should consult local planning authorities for information on future developments that could impact the property or surrounding area.
Are there any hidden costs or outstanding debts associated with the property? Has the property been compliant with all local building and safety regulations? Are there any easements, covenants, or zoning restrictions affecting the property? What is the history of maintenance and any past structural issues? Are there any planned or ongoing construction projects nearby that could impact the property? Is there any history of flooding, bushfire risk, or other environmental hazards? Are there any strata or body corporate arrangements applicable to the property? What are the terms of the existing leases, and are they transferable? Are there any restrictions on future use or development of the site? What are the details regarding the current operational business and its financial performance?

50 Butler Street, Tully, Qld 4854 - More Details

Tender Closing: 1st April @ 10:00AM

An exceptional opportunity presents to secure a prominent freehold accommodation and hospitality asset in the heart of Tully, one of North Queensland's most recognised tourism and agricultural hubs.

Positioned on a substantial 2,866m² fully fenced CBD allotment with dual street access, CCTV security, Banana Barracks & Rafters Party Bar is a well-established backpacker accommodation and licensed bar operation available on a 'Walk In Walk Out' basis, inclusive of both the freehold property and the operational business. This rare offering delivers diversified income streams across short term accommodation, hospitality operations and commercial lease arrangements.

Approved to accommodate up to 120 guests, the complex features purpose built improvements designed to service the strong working backpacker and tourism market that frequents the region. Guests enjoy a range of accommodation options complemented by extensive communal and recreational facilities, including bar areas, pool and entertainment spaces. An on site commercial kitchen, currently not in operation, provides further upside potential for additional income via owner operation or lease.

Key Features:
• Substantial 2,866m² CBD freehold site
• Freehold title with established backpacker accommodation
• Leased premises for bar nightclub restaurant operation
• Purpose built accommodation, bar facilities, pool and recreational amenities
• Significant insured asset base
• Multiple revenue streams including short term accommodation, hospitality income and commercial lease
• Strong historic working backpacker and tourism catchment
• Fully fenced allotment with CCTV security
• Central township location within walking distance to amenities and transport
• Freehold and businesses available for purchase on a 'Walk In Walk Out' basis

Ideally located at 50 Butler Street, Tully's main street, the property is within easy walking distance to the town's bus terminal, IGA, post office, chemist, banks and retail outlets. The site also benefits from additional frontage to Richardson Street, enhancing accessibility and exposure within the township.

This is a rare opportunity to acquire an established freehold accommodation and entertainment venue in a tightly held Far North Queensland market, offering immediate income with future growth potential.

Contact Ben Keene or David Murphy today for further information.

Property offered to sale via tender - Tender closing Wednesday, 1st April 2026 @ 10:00 AM.

Disclaimer:
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.
Type
Other
Bedrooms
22
Bathrooms
10
Parkings
13
Area
2,866 m²

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