OFF MARKET

190/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 40m2
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Property Details for 190/61-79 Mandalay Ave, Nelly Bay

190/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 40m2.

Building Type
Unit
Year Built
1975
Land Size
40m2
Local Government
Townsville City

Last Listing description (December 2021)

Highly sought after is this nice spacious Apartment located on Magnetic Island off the Great Barrier Reef of Australia!

Positioned in a great location within the Amaroo on Mandalay resort, the building is in a slightly elevated area of the resort.

Which gives great views from its private patio area and offers lovely breezes. The apartment is on ground level without stairs.

The main entry of the apartment has its own patio amongst tropical flowers with separate sliding doors that open into the spacious main lounge/dining area. Perfect for a single person or a couple wanting a holiday getaway on a tropical island with room to move.

The apartment features a great floor plan with open plan lounge room/dining and a galley kitchen. Completely tiled floors, air conditioner, and higher ceilings which give the apartment light and airy comfort.

Off to the left of the lounge is a separate main large bedroom with double bed and furniture. The main bedroom has doors for privacy from the lounge room. Inside the bedroom is closet and cupboard for storage and clothes.

Adjacent to the main bedroom, is the door way opening to the large tiled bathroom. It has the sink and cupboard and separate shower. This bathroom is also accessible from the kitchenette/dining area.

Currently the apartment is rented week to week by a single person as a tenant. Who would be happy to stay there if it sells. Inventory of partial furniture would be provided in sale.

Rental Income figures are available to genuine enquiries only.

Amaroo on Mandalay being a holiday letting destination, you as the owner could utilize even further income by setting up this apartment as a holiday rental with some upgrades. The option is yours!

These can include your choice to to use the existing holiday letting pool at Amaroo. Do you own AirBNB and take over the management of it. And when not occupied with holiday makers, use it yourself for your own holiday getaways!

Units at the resort are designed as holiday and rental units, however owners can use their units for 3 months at one time and leave for 2 weeks and then can return. Further information available.

Other amenities of the resort is there are tennis courts, Olympic size swimming pool, garden area and playground for the kids. Off Street parking.

The resort is centrally located in Nelly Bay, with convenience of IGA supermarket, chemist, doctors, and the ferry terminal that commutes to Townsville.

There is bus lines that stop at the front of the resort, which meet the ferry time schedules. The ferry trips are approximately 25 minutes to Townsville.

As strata title units, Body Corporate Levies and Townsville City Rates apply to each owner.

For further information, call Pamela Chambers, licensee and realtor owner resident on Magnetic Island since year 2003.


Disclaimer. You are advised that you should conduct your own due diligence and not rely on this information, including but not limited to, the property area, floor size, price, address and general property description on the Website. The information has been provided to us by third parties and is published as a convenience to you. We accept no liability whatsoever in connection with the information published.

Property History for 190/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
  • 12 Nov 2021
    Listed for Sale SOLD - Price Withheld
  • 24 Jun 2019
    Listed for Sale $73,000

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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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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.