OFF MARKET

5402/146 Sooning Street
Nelly Bay QLD 4819

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 135m2
Land area: 179m2
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Last updated 16 Sep 2024
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Property Details for 5402/146 Sooning St, Nelly Bay

5402/146 Sooning St, Nelly Bay is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2006. The property has a land size of 179m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in November 2010.

Building Type
House
Year Built
2006
Floor Size
135m2
Land Size
179m2
Local Government
Townsville City
Lot/Plan
4402/SP169671

Last Listing description (September 2024)

AMAZING HOME OR INVESTMENTImagine sitting on your big fourth floor deck, kicking back with a cool drink with nothing but the beautiful sparkling waters of the Great Barrier Reef in front of you.Welcome to unit 5402, a top end luxury 3 bedroom, 2 bathroom apartment in the gated Grand Mercure Apartments complex at Bright Point, Nelly Bay on beautiful Magnetic Island.You'll love the wide panoramic ocean views from this absolute waterfront unit which is the best of the best at Bright Point! You can literally go to the waterfront in front of your unit and scuba dive or snorkel from there to the reef!We dare you to search out a unit of this calibre right on the waterfront on the Eastern seaboard with this kind of earning potential for under a $million.This fully furnished unit has it all. Spacious open plan living, with room for 6 people to cook, dine and relax. A fully-equipped kitchen area for those who like to cook. A large under-cover balcony overlooking the ocean - big enough to BBQ. You'll be mesmerised by the views. 3 over-size bedrooms, plus a beach room to store all of your island paraphernalia. Master bedroom overlooking the ocean, with ensuite and the luxury of a bathtub with a view! Beautiful, tiled private deck. A laundry with washer and dryer. 4 swimming pools on site to choose from, plus 2 gymnasiums. All swimming pools have an ocean view. Outdoor BBQ areas for entertaining. At 179m2 it is the size of a house.You can live in this apartment and love it. or sit back and reap in the incredible income that this apartment can generate.INVESTMENT OPPORTUNITYThis apartment is currently tenanted until February.You can continue with this arrangement or at the end of the lease, move in yourself, place the apartment in the on-site holiday rental pool or manage holiday bookings yourself.Similar units are self-managed through Air BNB and Bookings.com and achieve extraordinarily high nightly rates and are booked out most of the year, so if you were planning have a vacation in your own unit, you would need to book well in advance!For more information on this gateway to the reef, or to book an inspection, call Lorraine or Brian Martin at THE MARTINS REAL ESTATE.Lorraine Martin 0419 755 109 Brian Martin 0437 959 984

Property History for 5402/146 Sooning St, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$700,000
06 Nov 2010
Listed for Rent
$800/w
30 Jul 2024
  • 06 Sep 2024
    Listed for Sale $839,000
  • 30 Jul 2024
    Listed for Sale $795,000
  • 26 Jun 2024
    Listed for Rent $800 / week
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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.

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.