OFF MARKET

1/12 Terrace Place
Nelly Bay QLD 4819

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 132m2
Land area: 189m2
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Property Details for 1/12 Terrace Pl, Nelly Bay

1/12 Terrace Pl, Nelly Bay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 189m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2009
Floor Size
132m2
Land Size
189m2
Local Government
Townsville City
Lot/Plan
1/SP228137

Last Listing description (November 2022)

No Body Corp Fees

The contemporary architecture and absolute water front location of this apartment offers an unrivalled lifestyle on Magnetic Island, enjoying a sweeping panorama view of the Nelly Bay harbour and across to the ocean.

Open plan kitchen/lounge/dining expand to the outdoor terrace that overlooks the sparkling swimming pool and out to the ocean where you can relax enjoy the ocean breeze and watch the boats drift by. The apartment is air-conditioned throughout, fully screened with security screens and offering 3 bedrooms all with robes, the master has a walk-in robe, ensuite with generous rain shower and has amazing sea views. The main bathroom is spacious with relaxing bath and separate toilet. The apartment is complete with internal laundry and a large single lock up garage.

This entire ground floor apartment is one of only two unit's, of which the owners manage with no body corporate fees, sharing costs of grounds and swimming pool maintenance.

Rates are approximately $1,653 per six months.

Located in Nelly Bay within walking distance to restaurants, supermarket, chemist, bottle store medical centre, bus stop and primary school. Close to the ferry and barge terminal where it is only a 20-minute cruise by ferry to Townsville on the mainland.

Call to make an appointment to view you won't be disappointed.

Property History for 1/12 Terrace Pl, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$735,000
30 Sep 2022
Listed for Rent
$750/w
04 Oct 2022
  • 30 Sep 2022
    Sold for $735,000
  • 15 Sep 2022
    Listed for Rent $750 / week
  • 28 Jul 2022
    Listed for Sale $820,000
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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 1,412 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 34 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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Disclaimer
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.