OFF MARKET

1-3 The Cove
Nelly Bay QLD 4819

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 2605m2
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Property Details for 1-3 The Cove, Nelly Bay

1-3 The Cove, Nelly Bay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 2605m2.

Building Type
Unit
Land Size
2605m2
Local Government
Townsville City
Lot/Plan
2/SP175581

Last Listing description (March 2019)

Rarely do these popular properties in the Magnetic Island Marina come on the market so this is an opportunity not to be missed.
On entering the townhouse the open-plan living room flows through to the dining area, kitchen and out to the large covered balcony giving a lovely open feel. The modern kitchen features granite benchtops and plenty of cupboard and bench space and is designed to cater for indoor or outdoor entertaining. This level also has a large lockable store-cupboard, laundry and convenient toilet with handbasin.
Upstairs, the spacious master bedroom opens onto a balcony with views over the marina and Coral Sea, and has a large walk-in wardrobe and ensuite bathroom with a luxurious spa bath, shower and his-and-hers vanities.

There is plenty of room for everyone with two further bedrooms, both with built-in-wardrobes and inter-connecting removable wall. The main bathroom features a bath tub, separate shower and vanity.
The property is fully air-conditioned with ceiling fans throughout to keep everyone comfortable whatever the weather.
The complex of just twenty units has a large swimming pool and overlooks the Magnetic Marina, handy to the ferry terminal, transport, shops & restaurants, making them ideal to live in or let out, either as a holiday or permanent rental.

Property Code: 865

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Property History for 1-3 The Cove, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
  • 04 Feb 2019
    Listed for Sale $380,000

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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 1,411 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 35 properties listed for sale, and 5 properties listed for rent in Nelly bay on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Nelly bay.

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