87/61-79 Mandalay AvenueNelly Bay QLD 4819
Property Details for 87/61-79 Mandalay Ave, Nelly Bay
87/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom Unit with 2 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 May 2024. There are other 1 bedroom Unit sold in Nelly Bay in the last 12 months.
Last Listing description (September 2009)
Family Size Apartment - Magnetic International Resort
If you are looking for a small investment and possibly a holiday retreat for yourself and your family, please come and view this family size apartment for sale at the Magnetic Island International Resort.
The family size apartment is able to be let out by the resort management or you could do it privately and still book times to suit yourself when needing a break.
The resort has many facilities to cater for everyone including:
· Wedding and Reception Venue
· Macarthur's Restaurant
· Function Room and Convention Center
· Tennis Court
· Swimming Pool
· Gym
· Cocktail Bar
· Wireless Internet Cafe
The lush, tropical landscaping creates a wonderful ambiance for all to relax and enjoy. Magnetic Island has always been one of Townsville's main attractions.
This investment has the potential for growth; however it also creates a possible holiday destination for you as well.
Owner keen to sell and will look at all offers presented.
UNDER INSTRUCTIONS TO SELL.
Property History for 87/61-79 Mandalay Ave, Nelly Bay, QLD 4819
- 06 May 2024Sold for $145,000
- 23 Jul 2022Sold for $50,000
- 26 Aug 2009Sold for $73,000
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0About 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 1,412 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.
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