OFF MARKET

5/1-3 The Cove
Nelly Bay QLD 4819

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
Land area: 140m2
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Last updated 16 Sep 2024
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Property Details for 5/1-3 The Cove, Nelly Bay

5/1-3 The Cove, Nelly Bay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 140m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2008
Floor Size
96m2
Land Size
140m2
Local Government
Townsville City
Lot/Plan
5/SP175581

Last Listing description (May 2019)

Ground floor garden apartment on the marina.
On entering the apartment, the open-plan living room flows through to the dining area, kitchen and out to the large covered patio giving a lovely open feel. The modern kitchen features granite benchtops and plenty of cupboard and bench space and is designed to cater for indoor or outdoor entertaining. The patio opens onto a fenced exclusive use garden which in turn leads through to the pool area.
The spacious master bedroom features a luxurious spa bath, large walk-in wardrobe and ensuite bathroom and also opens onto the patio.

The second bedroom is a comfortable twin room with built-in-wardrobe and is close to the main bathroom and laundry. There is a large lockable storeroom within the apartment and a designated carport space.
The property is fully air-conditioned with ceiling fans throughout to keep everyone comfortable whatever the weather.
The complex of just twenty units has a large swimming pool and overlooks the Magnetic Marina, handy to the ferry terminal, transport, shops & restaurants. Offered fully furnished, this apartment is ideal to live in or let out, either as a holiday or permanent rental.
Property Code: 876

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Property History for 5/1-3 The Cove, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$430,000
16 Jul 2021
Listed for Rent
$340/w
22 Nov 2016
  • 16 Jul 2021
    Sold for $430,000
  • 22 Dec 2018
    Listed for Sale $340,000
  • 14 Sep 2016
    Listed for Rent - Price not available
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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 1,406 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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