OFF MARKET

126/123 Sooning Street
Nelly Bay QLD 4819

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 114m2
Land area: 114m2
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Property Details for 126/123 Sooning St, Nelly Bay

126/123 Sooning St, Nelly Bay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 114m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2007
Floor Size
114m2
Land Size
114m2
Local Government
Townsville City
Lot/Plan
816/SP189903

Last Listing description (February 2023)

Enjoy sweeping panoramic views of the marina to the ocean and across to the hills of Magnetic Island from the wrap around balcony of this fully furnished dual key apartment. This 2nd floor apartment is one of the best in the complex and makes the most of its end location in the 'Blue on Blue' complex it is larger than most due to its corner location which opens it up with the side view windows.

Two individual units on one title allowing you to maximise your income - stay in one side and let the other, let both together or separately. The apartment is currently managed by Peppers Accor, at present the apartment is showing a good holiday rental return with very good occupancy.


The larger studio unit is comfortable for longer stays with a kitchenette, dining area, lounge, separate bedroom with water views and a full-sized bathroom with bath and hideaway laundry. Floor to ceiling glass doors open onto the balcony where you can enjoy beautiful sunset views over water. The hotel-style second studio unit also has a lounge area and balcony as well as its own bathroom. The divider between the two balconies can be opened up to use the property as a two-bedroom, two-bathroom apartment.

The Body Corporate fees are approximately $11,950 per year, this includes the insurance and maintenance of the grounds, pool and sinking fund. The City Council Rates are approximately $1,686 per six months.

The resort-style complex has a waterfront bar and restaurant, conference rooms, day spa and 2 swimming pools including the stunning and vast lagoon pool with outdoor BBQ area. All just steps away from the ferry terminal, transport options, supermarket, cafes and more.

Call to make an appointment to inspect the apartment, please note we cannot do inspections if holiday guests are in residence.

Property History for 126/123 Sooning St, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$380,000
05 May 2021
  • 25 Feb 2022
    Listed for Sale $535,000
  • 05 May 2021
    Sold for $380,000
  • 25 Jun 2012
    Sold for $350,000

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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 33 properties listed for sale, and 4 properties listed for rent in Nelly bay on OnTheHouse. According to CoreLogic's data, 88 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.