OFF MARKET

40/61-79 Mandalay Avenue
Nelly Bay QLD 4819

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

40/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1975
Land Size
40m2
Local Government
Townsville City
Lot/Plan
40/GTP103862

Last Listing description (November 2020)

Thinking of tropical Island vacation? A winter escape?
This fantastic value studio unit could be the one, 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 la carte restaurant and bar are on site also a reception counter with lounge area and information centre.

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 the National Park of the Island where there is the chance to spot koalas in the trees and wallaby's bounding by also a variety of tropical birds that come in daily.

Priced to sell this studio unit has a recently refurbished bathroom, comes fully furnished as seen in the photographs and is positioned in a quiet area of the resort with garden views from the front patio of the unit. 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 apartments are not suitable for permanent living, the City Council by law state three months at a time is the maximum stay at one time.
For more information call MaryAnne today.

Property History for 40/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$33,000
26 Oct 2020
  • 26 Oct 2020
    Sold for $33,000
  • 15 Oct 2020
    Listed for Sale $35,000
  • 27 Sep 2018
    Sold for $30,000
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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 91.28% increase in median value, while Units have seen a 35.83% increase. As at 30 November 2024:

  • The median value for Houses in Nelly Bay is $679,186 while the median value for Units is $448,973.
  • Houses have a median rent of $550 while Units have a median rent of $455.
There are currently 32 properties listed for sale, and 4 properties listed for rent in Nelly bay on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Nelly bay.

Suburb Insights for Nelly Bay 4819

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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.