20/1-3 The Cove, Nelly Bay is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2008. The property has a land size of 150m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Unit 20 Beachside at Magnetic Harbour is the marque Townhouse within the Complex of 20 and has expansive views over the Marina and out to Cleveland Bay. The location gives easy access to shops, restaurants and is just a short walk to the Ferry Terminal.
Designed for tropical living, the Townhouse has an open-plan living room that flows to the dining and kitchen areas then out to the large covered 3 metre balcony. From the balcony views over the Marina and out to the ocean are stunning, while to the east
the characteristic rugged boulders and hoop pines can be seen in the lush green hills around Nelly Bay. There is a modern kitchen with granite benchtops and plenty of cupboard space. The large bifold doors off the kitchen and dining area allows for indoor or outdoor entertaining. A laundry, separate toilet and large storeroom are located on this level.
On the upper level is the large master bedroom with a spacious walk-in wardrobe and recently renovated ensuite bathroom with a spa bath and separate modern shower. There are 2 other built-in bedrooms on this level as well as a separate toilet and bathroom with a shower, bathtub and vanity basin. Ceiling fans are located in each of the bedrooms and the Living Dining areas. The whole apartment is also air-conditioned to keep you comfortable in any conditions.
The Townhouse is currently being used as a Holiday Rental and has a high occupancy level.
All furnishings, bedding and kitchen appliances and utensils will be included in the slae of the Townhouse.
The complex provides undercover exclusive use parking and has a great pool with a 25-metre lap pool and main pool area which is covered with shade sails. This Townhouse has 2 Carports allocated under exclusive use.
Body Corporate Levies approximately $7,600 per year
Council Rates including Water Approximately $3,200 per year
Arrange for your private Inspection by contacting the Agents.
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:
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