131/61-79 Mandalay AvenueNelly Bay QLD 4819
Property Details for 131/61-79 Mandalay Ave, Nelly Bay
131/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom Unit and was built in 1975. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (December 2022)
THIS UNIT IS CURRENTLY UNDER CONTRACT PENDING SETTGLEMENT
Set on approx. 10 acres of Tropical gardens is this large 96 Resort Motel Unit complex with Restaurant, large inground pool and tennis courts. It is a great place to have an investment or a unit for personal use for holidays. Outdoor BBQ Pergola lawns complete the picture.
This unit includes general furnishings eg bedding, refrigerator, microwave, appliances, curtains and kitchen ware.
Management is done through the on site management catering for the tourist clientele. Some other units are rented through onsite letting management, self-managed, or through local agents or Air BnB.
The resort is located a short walk or bus trip to the Nelly Bay harbour and ferry terminal and has a local IGA supermarket, chemist, and other amenities including doctors, schools, police station.
The Strata Title Unit Body Corporate Fees (includes power and gas) and Townsville City Council rates (includes water supply).
For further information and copy of plan of resort and by-laws etc., e-mail the agent at leah.james@elderstsv.com.au
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Property History for 131/61-79 Mandalay Ave, Nelly Bay, QLD 4819
- 02 Jul 2022Listed for Sale $45,000
- 08 Sep 2020Listed for Sale Drastically Reduced to $40,000
- 13 Nov 2019Sold
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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 1,410 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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