OFF MARKET

89/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 67m2
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Property Details for 89/61-79 Mandalay Ave, Nelly Bay

89/61-79 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 67m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
1975
Floor Size
67m2
Land Size
67m2
Local Government
Townsville City
Lot/Plan
89/GTP103862

Last Listing description (March 2021)

Dreaming of a tropical island holiday? This one-bedroom unit in Amaroo on Mandalay, a resort style complex located on beautiful Magnetic Island may be the way to go.
The resort features a large outdoor magnesium pool for relaxing and enjoying the sun or shade of the shade sails, also a children's play area, tennis courts, fitness room, and BBQ area. A family friendly A' la carte restaurant and bar are on site, also a reception with lounge and information centre. There are plenty of areas in over 8 acres of lush tropical gardens to escape, enjoy and relax in the peace and quiet the resort has to offer.

This beautifully furnished unit has a two-way bathroom from the bedroom and kitchenette. This separate 1-bedroom unit is positioned high at the back of the resort on the end of the row it has easy access to pool and restaurant. There is a beautiful view of the mountain range and to the rear a back drop of the National park where koalas and rock wallaby's can be spotted also a variety of wild tropical birds that fly by daily.

When not using the unit for yourself or family for holiday escapes have the property managed by onsite management for holiday bookings and receive a rental return to help with the Body Corp fees and council rates that are applicable.
Set in a holiday resort maximum occupation for these units is 3 months at a time, the units are classified by the City Council not suitable for permanent occupation.

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 around and explore the Islands many sandy beaches, 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 owner has other commitments and genuinely wishes to sell.
At this price it will not last long on the market, don't miss this great opportunity.
Call MaryAnne today.

Property History for 89/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$65,000
22 Jan 2021
  • 22 Jan 2021
    Sold for $65,000
  • 18 Jan 2021
    Listed for Sale $69,000
  • 20 Aug 2020
    Listed for Sale $79,000
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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 1,412 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.
There are currently 37 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.