86/61-79 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 66m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Nelly Bay in the last 12 months.
Sensational Investment Opportunity!
Invest or move in, this unit has lots of space and is situated within a resort complex set on 10 acres of tropical landscaped gardens. As owner you get to use the facilities which include gym, tennis courts, pool, children's playground, restaurant and bar. Enjoy all what Magnetic Island's relaxed lifestyle has to offer, secluded beaches, National Park which covers approximately 5,000 hectares with its 24 kilometres of walking tracks. This unit is minutes from the beach, make use of the courtesy bus provided. Magnetic island is approximately 8 kilometres off the coast from Townsville. This unit offers the best of both worlds, just move in or indulge yourself for a holiday then rent out for the rest of the year. Open breezy living areas and spacious veranda's capture the essence of island living, or that special retreat. Over 20 bays with 16 beaches fringe the island, providing a variety of locations from which to admire the pristine surroundings. Warm waters, clear blue skies and pristine beaches create a tranquil environment that soothes all who enjoy it. The Island is also renowned for its variety of water sports and other activities including:-
Patrolled beaches ,Water Sports, Jetskiing, Scuba Diving, Barrier Reef Trips, Fishing, Koala Park, Horse Riding, Bush Walking, Bus and 4WD Tours, Boat Tours, Golf and Lawn Bowls.
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:
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