16 Blackman StreetTully QLD 4854
Property Details for Lot 61/16 Blackman St, Tully
Lot 61/16 Blackman St, Tully is a 20 bedroom, 4 bathroom House. The property has a land size of 1012m2.
Last Listing description (September 2026)
This property is offered as a residential asset and is currently utilised as a high capacity shared living residence with established tenants already in place, providing immediate income from settlement. Across two levels, the building comprises four separate 5 bedroom accommodation clusters, each with its own living room, kitchen, and internal communal areas. Bathroom and toilet facilities are positioned externally to each cluster, supporting efficient cleaning and high turnover use.
While sold under a residential title, the scale and internal layout present clear future potential for conversion into four separate residential units, subject to council approval, building classification requirements, and compliance with relevant planning and fire safety standards. Buyers seeking a residentially titled property with strong income performance, operational versatility, and long term redevelopment potential will recognise the rarity of this opportunity in the Tully market.
Key Features:
- 20 Bedrooms.
For a detailed buyers prospectus or to arrange an inspection contact Agent today.
Property History for Lot 61/16 Blackman St, Tully, QLD 4854
- 17 Apr 2026Listed for Sale Now Offers Over $899,000!
- 30 Oct 2021Listed for Sale $795,000
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0About Tully 4854
The size of Tully is approximately 16.7 square kilometres. There are 9 parks, covering nearly 4.7% of the total area. The population of Tully in 2016 was 2390 people. By 2021 the population was 2368 showing a population decline of 0.9% 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 2021, 55.40% of the homes in Tully were owner-occupied compared with 56.20% in 2016.
Tully has 1,388 properties. Over the last 5 years, Houses in Tully have seen a 95.99% increase in median value, while Units have seen a 194.99% increase. As at 31 August 2026:
- The median value for Houses in Tully is $411,969 while the median value for Units is $361,781.
- Houses have a median rent of $475 while Units have a median rent of $325.
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