FOR SALE
$415,000

222/123 Sooning Street
Nelly Bay QLD 4819

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 106m2
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Dual Key Apartment at Blue on Blue

Comprised of two separate rooms that can be let independently of each other, this dual key apartment offers the best of both worlds. Stay in one side without paying accommodation fees whilst the other side brings in rental income.
The hotel room side includes: king bed (can be split for twin beds), lounge area, bathroom and balcony with water glimpses over the ferry terminal carpark area. The balcony shutters between the two rooms can be opened up if you have friends staying in the adjacent room.
The larger side is very comfortable for a longer stay with kitchenette and dining area, lounge, larger balcony, queen bed, bathroom and laundry.
This dual key unit is air-conditioned with split system air-conditioners and comes fully furnished. It is currently managed by the onsite manager Peppers and is a popular rental option due to the lift access and shade from the hot afternoon sun that the marina-side apartments get. You can choose to use the apartment how you wish - you can live in this complex full-time or continue to holiday let and stay whenever you want.
'Blue on Blue' is extremely conveniently located just metres from the ferry terminal and a very short walk to a selection of shops, cafes, restaurants and transport options. It has an onsite waterfront restaurant, day spa, and two swimming pools, including the enormous lagoon pool loved by people of all ages.
Magnetic Island is very easy to get to - a direct flight to Townsville from most major cities, then a ten minute taxi to the ferry terminal. A short ferry ride brings you into Nelly Bay and you'll instantly relax and unwind - Magnetic Island is known for it's laidback atmosphere, whilst also offering all the infrastructure that most other islands lack due to the large permanent resident population.
Body corp fees approx $12,293 p.a. and council rates approx $3700 p.a. including water
This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property Code: 1571

Property Details for 222/123 Sooning St, Nelly Bay

222/123 Sooning St, Nelly Bay is a 2 bedroom, 2 bathroom Apartment. The property has a floor size of 106m2. The place is currently for sale with Best of Magnetic Real Estate - MAGNETIC ISLAND.

Building Type
Apartment
Floor Size
106m2

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About Nelly Bay 4819

The size of Nelly Bay is approximately 4.7 square kilometres. It has 5 parks covering nearly 52.3% of total area. The population of Nelly Bay in 2011 was 1,054 people. By 2016 the population was 1,216 showing a population growth of 15.4% in the area during that time. The predominant age group in Nelly Bay is 50-59 years. Households in Nelly Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nelly Bay work in a professional occupation. In 2011, 58.9% of the homes in Nelly Bay were owner-occupied compared with 57.1% in 2016.

Nelly Bay has 1,412 properties. Over the last 5 years, Houses in Nelly Bay have seen a 86.53% increase in median value, while Units have seen a 420.53% increase. As at 31 October 2024:

  • The median value for Houses in Nelly Bay is $657,220 while the median value for Units is $435,097.
  • Houses have a median rent of $550 while Units have a median rent of $575.
There are currently 33 properties listed for sale, and 4 properties listed for rent in Nelly bay on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Nelly bay.

Suburb Insights for Nelly Bay 4819

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Alex Strens
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Best of Magnetic Real Estate - MAGNETIC ISLAND
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.