OFF MARKET

123/123 Sooning Street
Nelly Bay QLD 4819

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 114m2
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Property Details for 123/123 Sooning St, Nelly Bay

123/123 Sooning St, Nelly Bay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 114m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2012.

Building Type
Unit
Year Built
2005
Floor Size
90m2
Land Size
114m2
Local Government
Townsville City
Lot/Plan
813/SP189903

Last Listing description (December 2013)

Marina and Beach Views
Mortgagee Exercising Power of Sale
An opportunity exists to acquire this very well-located dual key unit with letting potential. Close by the Magnetic Island ferry terminal, within the 'Blue on Blue' resort-style complex, it would make an ideal weekender.

* Stay in one side in complete privacy and let out the other, or bring the kids or friends and use it as a two bedroom apartment.
* The property overlooks the Magnetic Island Marina, Nelly Bay beach and across to Townsville.
* The larger of the two studio-style units incorporates a bathroom featuring a bath, separate shower and laundry; open-plan living/dining/kitchenette and balcony.
* A lockable shutter can be opened up between the balconies of the two units when they are to be used together to give a covered balcony.
* The second unit is also studio/hotel-room style and has an ensuite with shower, lounge area and balcony.
* The resort features a lagoon pool, a second pool, conference/function rooms, day spa, and a restaurant and bar on the water.
* Magnetic Island is unique in that it is a suburb of Townsville and yet it retains its Island charm and feels a world away but is still so accessible being just 25 minutes from Townsville.
Additional feature/s - Built-In Wardrobes.

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Property History for 123/123 Sooning St, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$325,000
19 Nov 2012
  • 15 Sep 2013
    Listed for Sale EXPRESSIONS OF INTEREST
  • 25 Feb 2013
    Listed for Sale REDUCED TO $279,000
  • 19 Nov 2012
    Sold for $325,000

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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 1,407 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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