17 The Grove Nelly Bay QLD 4819
Property Details for 17 The Grove, Nelly Bay
17 The Grove, Nelly Bay is a 2 bedroom, 4 bathroom House and was built in 1980. The property has a land size of 991m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (May 2021)
A large four bedroom home, currently rented to long term tenants as two units with a combined rental return of $430 per week. Solid block residence on 991m2 in a quiet no-through central location, a minute to stroll to the school, shops, medical centres, Marina and Ferry Terminal.
Four bedrooms with en suite bathrooms and 2 kitchens provide many options that can be investigated further with possibilities to develop and extend, retain the dual income, convert back to a family home or create your own B&B.
Ceiling fans and screened windows.
Low maintenance, block construction, fully air conditioned and furnished
Both tenants are currently on periodic leases. The units have separately metered power
Partly fenced, large block with garden shed and side driveway access
A excellent investment and only 20 minute ferry from Townsville
Property History for 17 The Grove, Nelly Bay, QLD 4819
- 14 Apr 2021Sold for $300,000
- 05 Jan 2021Listed for Sale $325,000
- 11 Sep 2020Listed for Sale $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 1,412 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.
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