OFF MARKET

94/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 68m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 94/61-79 Mandalay Ave, Nelly Bay

94/61-79 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 68m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1975
Floor Size
68m2
Land Size
68m2
Local Government
Townsville City
Lot/Plan
94/GTP103862

Last Listing description (September 2020)

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 refurbished two-way bathroom and kitchen with plenty of storage space. There are new split system air conditioners in the living area and bedroom, and has been freshly painted throughout. The unit is positioned high at the back of the resort with a beautiful view of the mountain range from the front veranda 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.

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 94/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$87,000
14 Jan 2022
  • 14 Jan 2022
    Sold for $87,000
  • 05 Aug 2020
    Sold for $61,000
  • 29 Jun 2020
    Listed for Sale $65,000
Sign in to see more transactions

Commute Calculator

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 1,411 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:

  • 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 36 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

Market Insights
Nelly Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Nelly Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.