87 Mandalay Ave, Nelly Bay is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 971m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
This high-set home is surrounded by beautiful distant mountain views and is situated on the quiet part of Mandalay Avenue, offering peace & privacy. Being elevated, it captures the cool breezes from both prevailing directions and has been built specifically for the tropical environment, utilising materials and design to minimise exposure to hot sun in summer and with protection from cyclones in mind.
The house can hardly be seen from the road and the 971m2 fenced garden has two front gates to allow for a separate business entrance for the downstairs area if desired. There is plenty of room for a pool, parking for boats/caravans, kids to play, chooks and dogs, with undercover parking for two vehicles and a large 6m x 8m garden shed. The gently sloping block is well-drained and contains many fruit-producing trees and drought-resistant plants, making it relatively low maintenance.
On the ground floor, there are two rooms, a bathroom and a large laundry/store allowing for a home-based business or granny flat. Separate entrances to each room allow rooms to be sectioned off and used as required, so for example just an office could be set-up in the front room with a private entrance and the rest could be living quarters. The two rooms are air-conditioned and bright and the laundry/store is very large so a kitchenette would easily fit. This opens onto a large covered back patio under the upstairs deck with lovely views to the rear so living or visiting downstairs would be quite comfortgble and enjoyable.
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Property Code: 816
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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