16/1-3 The Cove Nelly Bay QLD 4819
Property Details for 16/1-3 The Cove, Nelly Bay
16/1-3 The Cove, Nelly Bay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 113m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (May 2014)
An Excellent Opportunity to Acquire a Quality 4.5 Star Apartment overlooking Nelly Bay Harbour
Located in the Harbour Precinct,
Beachside at Magnetic Harbour are the newest 4.5 star quality apartments on Magnetic Island. The Apartment #16 was a holiday rental property and
While currently unfurnished and at the very realistic price of just $320,000, a quality furniture package would make the total investment the most affordable on Magnetic Island at present given its great location.
The Apartment has an open plan living/dining/kitchen area which opens onto a large 3 metre balcony looking over Nelly Bay Harbour and out to Cleveland Bay. A laundry, storeroom and separate toilet are also located on the first floor level. The upper level has 3 bedrooms with the main having a walk-in robe, en-suite, spa and private balcony overlooking the Harbour. Air-conditioning is provided to all bedrooms as well as the Living Area.
Inspection is by appointment only, so call now to arrange yours and don't miss this great opportunity!!
Property History for 16/1-3 The Cove, Nelly Bay, QLD 4819
- 24 Feb 2023Sold for $495,000
- 30 May 2014Listed for Rent - Price not available
- 28 Jun 2013Listed for Sale $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 1,411 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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