OFF MARKET

23/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Land area: 39m2
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Property Details for 23/61-79 Mandalay Ave, Nelly Bay

23/61-79 Mandalay Ave, Nelly Bay is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 39m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1975
Land Size
39m2
Local Government
Townsville City
Lot/Plan
23/GTP103862

Last Listing description (December 2021)

Escape to your very own holiday studio unit, set in a resort style complex featuring a large outdoor pool with plenty of space to sunbathe or relax in the shade. There are also two tennis courts, children's playground, fitness & BBQ area. A family friendly A la carte restaurant and bar are on site also a reception with lounge area and information centre.

Priced to sell this 39sqm studio unit is in very good condition. All the work has been done, it has a modern refurbished kitchen & bathroom, comes fully furnished with 1 queen bed and 1 single bed as seen in the photographs and is positioned in an easy access area of the resort. The unit is currently managed by onsite management for holiday bookings presenting a great investment to use for your own holiday escape and receiving a rental return when not required by yourself or family. The units are not for permanent occupation the maximum stay in the units is 3 months at one time.


Amaroo on Mandalay located on beautiful Magnetic Island is set on over 8 acers with lush tropical gardens and lawns, offering plenty of areas to escape and enjoy the peace and tranquillity. The resort backs onto National Park where there is the chance to spot koalas in the trees, rock wallaby's and a variety of tropical birds.

The resort can be found in a perfect location in the hub of Nelly Bay, there is a bus stop at the front door where you can travel across and explore the Island, it is only 700m to the Nelly Bay beach front, supermarkets giftshops chemist, bottle shop and cafes. Not to forget the ferry terminal linking Magnetic Island to Townsville on the mainland, only a 20-minute ferry ride.

Current Body Corporate fees are approximately $8,000 per year this includes electricity and Insurance; the City Council Rates are approximately. $3,012 per year and include water, waste & sewerage.

The owner has other commitments and genuinely wishes to sell. At this price it will not last long on the market, don't miss this great opportunity.

Call MaryAnne today.

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Property History for 23/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$45,000
23 Jan 2023
  • 23 Jan 2023
    Sold for $45,000
  • 23 Nov 2021
    Sold for $40,000
  • 12 Nov 2021
    Listed for Sale $43,000
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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.
There are currently 36 properties listed for sale, and 5 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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