FOR SALE
$375,000

6/42 Yates Street
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
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Rare opportunity to purchase at 'Canopy'

'Canopy' villas are very tightly held so this is a rare opportunity to buy in to this boutique complex of 13 villas set around a resort-style pool.
No. 6 is in possibly the best location within the complex, looking out down the pool and tropical gardens, with a fully screened front verandah bringing privacy and security.
Low body corp fees are one of the big benefits of this complex - approx $4550 p.a. and with council rates approx $3470 p.a. including water, the annual outgoings are very low in comparison to many other units.
The property is ideally located just a short stroll to Nelly Bay beach and shops with buses dropping off at the end of the driveway direct from each ferry.
Offered fully furnished, you can move straight in or let out, the choice is yours. This unit would make an ideal weekender, winter escape, first home or can be let long-term at approx $375 per week for a steady income.
The unit has a lovely covered deck overlooking the gardens and pool which has been enclosed with Crimsafe screens making another room, adding privacy and security yet still feeling like an open deck. Sliding doors from the deck bring you into the open-plan living area with a double height A-frame ceiling providing a spacious feel. The kitchen is fully equipped with electric cooktop, oven and dishwasher and the dining area fits nicely between the lounge and kitchen.
The bathroom has a shower over the bath, vanity, linen closet and separate toilet and laundry. A cupboard under the stairs is perfect for locking up personal belongings if you choose to holiday let when you are not there, and this villa comes with the added bonus of a garden shed to keep a few extra items.
Upstairs, there is a spacious air-conditioned mezzanine master bedroom with polished wood floors, wardrobe and surrounded by louvre windows making it lovely and cool all year round.
Contact Alex to arrange a private inspection by appointment.
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.
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Property Details for 6/42 Yates St, Nelly Bay

6/42 Yates St, Nelly Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 70m2. The place is currently for sale with Best of Magnetic Real Estate - MAGNETIC ISLAND.

Building Type
Unit
Floor Size
70m2

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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 1,406 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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Alex Strens
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Best of Magnetic Real Estate - MAGNETIC ISLAND
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