OFF MARKET

70/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 40m2
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Property Details for 70/61-79 Mandalay Ave, Nelly Bay

70/61-79 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 May 2023.

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

Last Listing description (August 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 comes fully furnished as seen in the photographs and is positioned in a very private area of the resort with garden views from the front patio of the unit and bush outlook to the back patio. 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 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.

The owners have other commitments and genuinely wish 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 70/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$75,000
15 May 2023
  • 15 May 2023
    Sold for $75,000
  • 31 Aug 2021
    Sold for $40,000
  • 10 Jul 2020
    Sold for $32,000
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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 1,406 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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