FOR SALE
$285,000

3 Banyan Esplanade
Tully QLD 4854

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 401m2
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Excellent Investment Opportunity: Your Dream Investment Home on Cassowary Coast & Beaches - Solid Block 3-Brm, low maintenance, only: $285,00 FIRM

This charming three-bedroom home is located on the Cassowary Coast, in close proximity to the town and exciting attractions near Mission Beach. Whether you're an investor or a first-time buyer, this property offers great value.
Situated on a lovely 401m2 flat block of land, this block home features a spacious open-plan living area, kitchen, and dining space. The entire house is fully tiled, and its unique timber ceiling adds a touch of character. The U-shaped kitchen is functional and offers the potential for personalization and creativity.
All three bedrooms are air-conditioned and equipped with ceiling fans and flyscreens. The bathroom includes a shower, separate toilet, and an internal laundry area. Additionally, the back veranda provides a relaxing spot to unwind.
Convenience is key, with the home located at the end of a quiet street near Banyan Creek. You can easily walk to Tully CBD, and the property also serves as a gateway to the many attractions of the Cassowary Coast, including beautiful beaches, fishing spots, boating opportunities, water recreation activities, and nearby islands and reefs.
Currently rented at $340 per week, this property offers an excellent investment opportunity. The annual rates amount to $3600 per year. With a purchase price of $285,000, this home presents an attractive return on investment (ROI).
In summary, this three-bedroom home on the Cassowary Coast offers an affordable opportunity for investors or those seeking a low-maintenance family home. With its convenient location, charming features, and attractive ROI, it is a property worth considering.

Property Details for 3 Banyan Esp, Tully

3 Banyan Esp, Tully is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 401m2. The place is currently for sale with @realty.

Building Type
House
Land Size
401m2

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About Tully 4854

The size of Tully is approximately 16.7 square kilometres. It has 9 parks covering nearly 4.7% of total area. The population of Tully in 2011 was 2,435 people. By 2016 the population was 2,386 showing a population decline of 2.0% in the area during that time. The predominant age group in Tully is 20-29 years. Households in Tully are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tully work in a labourer occupation. In 2011, 55.7% of the homes in Tully were owner-occupied compared with 56.2% in 2016.

Tully has 1,389 properties. Over the last 5 years, Houses in Tully have seen a 61.80% increase in median value, while Units have seen a 34.41% increase. As at 31 July 2024:

  • The median value for Houses in Tully is $303,486 while the median value for Units is $196,049.
  • Houses have a median rent of $340 while Units have a median rent of $325.
There are currently 75 properties listed for sale, and 13 properties listed for rent in Tully on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Tully.

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