120/61-79 Mandalay AvenueNelly Bay QLD 4819
Property Details for 120/61-79 Mandalay Ave, Nelly Bay
120/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 40m2.
Last Listing description (March 2022)
This unit has great location being an end unit.
The unit can be rented through the on site letting, Air B & B or through a local agent or used by an owner for their own weekender when not in use.
Imagine owning a sub-tropical Island retreat on beautiful Magnetic Island, just a 20 minute ferry ride from the bustling City of Townsville. Here is your opportunity.
Explore this renowned Great Barrier Reef region with its pristine, sandy and secluded beaches, and sparkling turquoise waters.
Motivated vendors are looking for a quick sale of this well appointed one bedroom end of block studio unit.
This is an opportunity to secure a holiday stay which can also yield an income. Decide to join the letting pool? The resort offers on-site management, restaurant facilities, function rooms, barbecue area, tennis courts, internet and laundry facilities and more.
Body Corporate includes electricity supply
This unit currently rented $660 per month privately but there are other similar that are renting in a range of $210 to $250ppw or through on site letting for holiday let.
For more information click on contact the agent by e-mail for a reply.
Property History for 120/61-79 Mandalay Ave, Nelly Bay, QLD 4819
- 26 Jan 2019Listed for Sale $30,000
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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 1,413 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.
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