Home/Properties/Nelly Bay/1/6 Terrace Place "Water's Edge"
1/6 Terrace Place "Water's Edge", Nelly Bay$995,000
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1/6 Terrace Place "Water's Edge"

Nelly Bay, QLD 4819, Australia
$995,000
3 bed 2 bath 1 car209 m²

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About this property

Offering expansive water views over the marina, Nelly Bay beach and across the glistening blue waters of the Coral Sea to the mainland, the outlook is breathtaking from every angle. Water's Edge is an exclusive complex of just four townhouses, perfectly positioned on the corner of the protected Magnetic Island Marina. Designed to embrace the spectacular waterfront setting, the upper level is dedicated to open-plan living where polished timber floors, soaring cathedral ceilings and walls of bi-fold doors create an incredible sense of light and space. Two covered decks extend seamlessly from this level - one flowing directly from the kitchen and the other from the living area - allowing for effortless indoor-outdoor entertaining and capturing cooling sea breezes and uninterrupted marina, beach, island & sea views. The property feels more like a private home than an apartment, showcasing quality finishes throughout. The spacious entertainer's kitchen features an abundance of cupboards and drawers, walk-in pantry, granite benchtops and a breakfast bar, all perfectly positioned to connect with both the living area and back deck. Downstairs, the master suite offers a generous bedroom with water views opening onto a covered deck where you can enjoy spectacular sunrises over the water. The luxurious ensuite, complete with spa bath, double rainhead showers, double vanity and large walk-in wardrobe, reinforces the home's premium feel. Two additional bedrooms with built-in wardrobes, along with the family bathroom, separate WC and laundry, are also located on this level. A convenient powder room services the upstairs living area. Fully air-conditioned with split systems and complete with a lock-up garage with direct access to the townhouse, this exceptional residence offers every comfort. Residents also enjoy access to the complex pool, while restaurants, shops, the beach, boat ramp and everyday conveniences are all just a short stroll away. Body corporate fees approximately $10,600 p.a.; rates approximately $4,300 p.a. including water (lower rates may apply for owner occupiers). Contact Alex & Keane today to arrange your private inspection by appointment. This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary. Property Code: 1768

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Land Area
209 m²
Listed
1 month ago

Repayment calculator

$4,824/month
$2,412 /fortnight
Loan $796,000 at 6.10% over 30 years

Upfront costs

Deposit$199,000
Stamp duty$37,800
Conveyancing (est.)$2,000
Total upfront$238,800
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Nelly Bay

This 3-bedroom apartment in Nelly Bay, QLD 4819 sits within reach of public transport, local shops and nearby schools. It is listed 53% above the $650,000 median of 78 comparable apartmentswithin 5 km.

Schools near Nelly Bay

  • Magnetic Island State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Car Ferry Ramp - Townsville (ferry)301 m away
  • Massage on Magnetic275 m away
  • Unnamed299 m away
  • Nelly Bay Foreshore330 m away

Nelly Bay at a glance

Full suburb profile
Population
1,213
Median age
56
Household income
$1,003/wk
Median rent
$300/wk
Median mortgage
$1,470/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Nelly Bay price trend

Median sold · Unit 3 bed

$845kcurrent median

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