OFF MARKET

85/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 68m2
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Property Details for 85/61-79 Mandalay Ave, Nelly Bay

85/61-79 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 68m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1975
Floor Size
65m2
Land Size
68m2
Local Government
Townsville City
Lot/Plan
85/GTP103862

Last Listing description (October 2014)

ALL OFFERS CONSIDERED
Imagine owning a sub-tropical Island retreat on beautiful Magnetic Island; just a 20 minute ferry ride from the bustling City of Townsville. Here is your opportunity.
Explore this renowned Great Barrier Reef region with its pristine, sandy and secluded beaches, and sparkling turquoise waters.

Motivated vendors are looking for a quick sale of this spacious one bedroom unit, and are negotiable. The family has grown and the children moved away, with wonderful memories of their frequent use of the many resort facilities and activities available on the island.
They are looking for a buyer who will appreciate the extra accommodation afforded by this most spacious of units, set high on the hill, with views over the picturesque resort and beyond. The parents in their own private quarters; in the living area 2 additional single beds and expanding couch; a verandah to the front and lawn to the rear; a spacious bathroom and a serious kitchenette, with table and chairs for dining.
This is an opportunity to secure a holiday home which can also yield an income. Have it pay for itself when your family are not planning to stay.
The resort offers short or long term lease and on-site management.
Call Katya to arrange your inspection on 0414 444 711
Additional feature/s - Built-In Wardrobes.

Property History for 85/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$40,800
07 Apr 2021
  • 07 Apr 2021
    Sold for $40,800
  • 16 Feb 2018
    Sold for $67,000
  • 10 Oct 2014
    Sold for $40,000
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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 36 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.

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.