SOLD
Sold on 03 Oct 2023 for $163,000

91/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 66m2
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Property Details for 91/61-79 Mandalay Ave, Nelly Bay

91/61-79 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 October 2023. There are other 1 bedroom Unit sold in Nelly Bay in the last 12 months.

Building Type
Unit
Year Built
1975
Land Size
66m2
Local Government
Townsville City
Lot/Plan
91/GTP103862

Last Listing description (January 2015)

Tropical Is Retreat - Live, Play, or Invest
RESORT UNIT FOR INCOME OR PLAY
Imagine owning a Tropical Island Retreat on beautiful Magnetic Island, just a 20 minute ferry ride from the bustling City of Townsville - Here is your opportunity.

Motivated vendors are looking for a quick sale on this one bedroom unit, set high up on the hill, overlooking the majestic resort.
Choose to include the unit in the Holiday Letting Pool, use it as your own private getaway, or a bit of both, the choice is yours.
The spacious unit has a separate bedroom which has a Queen size bed.
The living area is partially furnished, including a television, dining table and chairs, and lounge. Just off the living area is a compact and functional kitchen with basic though efficient cooking appliances, cutlery, and crockery.
Enjoy your breakfast on your own private patio overlooking tropical gardens. The lorikeets may even join you!
Around the resort enjoy the large swimming pool. and two tennis courts. There is plenty of outside space for the children to play. This family size room is a great base to take advantage of everything that Magnetic Island has to offer.
SALE OF THIS UNIT IS BY TENDER - CLOSING DATE :MONDAY November 3Rd, 2014.
CONTACT AGENT FOR MORE DETAILS.
Property Code: 404115300

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Property History for 91/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$163,000
03 Oct 2023
  • 03 Oct 2023
    Sold for $163,000
  • 22 Jun 2022
    Sold for $65,000
  • 05 Nov 2014
    Sold for $45,000
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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 1,406 properties. Over the last 5 years, Houses in Nelly Bay have seen a 79.13% increase in median value, while Units have seen a 85.65% increase. As at 31 August 2024:

  • The median value for Houses in Nelly Bay is $590,207 while the median value for Units is $408,142.
  • Houses have a median rent of $550 while Units have a median rent of $575.
There are currently 35 properties listed for sale, and 7 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.

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