FOR SALE
$625,000

37 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1012m2
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Island Home with Land Potential on Magnetic Island

Set on a spacious 1012m2 block in a sought-after seaside suburb, the property is positioned perfectly close to all the essentials, providing convenience and a lifestyle to match.
This large block has potential to build a further residence at the back with access to the right of the existing home.
This newly built home has 2 bedrooms, 1 bathroom and open plan lounge, dining and kitchen area. It is currently tenanted on a 12-month lease commencing on the 28th March 2025 please note that at least 24 hours' notice must be given for inspections, and they cannot be carried out on Sundays.
Unfortunately, due to the tenants in residence I am not able to supply internal photos of the home.
Externally, the home features a convenient carport for vehicle storage, fully fenced and ample lawn area.
Perfectly located within walking distance to local primary school and transport with only a short drive to restaurants, supermarkets, chemist, medical clinic and the Nelly Bay Boat ramp for boat fans.
The passenger ferry and the car barge travel to Townsville on the mainland from the Nelly Bay ferry terminal
If this is a property that interests you don't delay call MaryAnne to arrange a inspection today.

Property Details for 37 Mandalay Ave, Nelly Bay

37 Mandalay Ave, Nelly Bay is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1012m2. The place is currently for sale with Ray White Townsville.

Building Type
House
Land Size
1012m2

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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 1,407 properties. Over the last 5 years, Houses in Nelly Bay have seen a 79.13% increase in median value, while Units have seen a 85.65% increase. As at 31 August 2024:

  • The median value for Houses in Nelly Bay is $590,207 while the median value for Units is $408,142.
  • Houses have a median rent of $550 while Units have a median rent of $575.
There are currently 35 properties listed for sale, and 7 properties listed for rent in Nelly bay on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Nelly bay.

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MaryAnne Law
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Ray White Townsville
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