OFF MARKET

67/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 40m2
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Property Details for 67/61-79 Mandalay Ave, Nelly Bay

67/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom Unit 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 August 2022.

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

Last Listing description (January 2022)

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 A la carte restaurant and bar are on site also a reception counter with lounge area and information centre.

This studio unit is currently privately managed by the owner, it is marketed on several platforms including Booking.com and Airbnb, included with the unit is a professionally set up website and all future bookings.

Priced to sell the 40m2 studio unit is tastefully decorated and comes fully furnished as seen in the photographs it has recently been refurbished with new kitchenette and furnishings and is beautifully presented, it is positioned in a very private area of the resort with garden views from the front patio of the unit and bush outlook from the back patio.

Amaroo on Mandalay located on beautiful Magnetic Island is set on over 9 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.

The units are in a holiday resort complex and are for holiday accommodation they are not designed for permanent living, the maximum stay in the units is 3 months at one time.

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.

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.

Property History for 67/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$35,000
05 Aug 2022
  • 05 Aug 2022
    Sold for $35,000
  • 23 Dec 2021
    Sold for $50,000
  • 24 Nov 2021
    Listed for Sale $55,000
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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 35 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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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.