43 Tully Street, South Townsville QLD 4810

5 beds on 607m² | 1900 character build | flood overlay | inner-city demand | 64m² footprint A rare configuration is presented here, with five bedrooms contained within a modest 64m² footprint on a substantial 607m² lot. The 1900 build date places it firmly in the older character segment of South Townsville, where renovated cottages and investor stock are common. Its inner-city position and walkable access to the Strand and parklands are expected to appeal strongly to renovation buyers and investors seeking a large land holding. The property’s bedroom count is unusually high for its building size, which may indicate a creative floor plan or a need for reconfiguration. This is a property best suited to buyers who value land and character over turn-key presentation. Flood overlay and low ground elevation might be considered material risks by lenders and insurers, so insurance costs should be weighed carefully. The small building footprint relative to the land may be perceived as a limitation without council approval, and the 1900 construction year could be expected to demand updating. Opportunities for extension might be shaped by flood constraints, factors that may be reflected in the eventual price versus other character homes. >> Comparable Sales: 87 Tully Street, 2-bed 304m², sold $450,000 | Property Price Band: $450K–$550K | Value Drivers: land size, flood overlay, character condition