Home/Properties/Nelly Bay/120/61-79 Mandalay Avenue
120/61-79 Mandalay Avenue, Nelly Bay$120,000
Back to results
For Saleapartment

120/61-79 Mandalay Avenue

Nelly Bay, QLD 4819, Australia
$120,000
1 bath38 m²

Compare with other listings

See it side-by-side · winner per row · AI verdict.

Image 1

Photos via the original listing. All photographs remain the property of their respective owners.

Maps & AI

Ask StMate AI

Loading map…

AI Property Assistant

Ask anything about this property

Hi! I'm your AI property assistant. Ask me anything about 120/61-79 Mandalay Avenue — pricing, schools, transport, investment potential, and more.

Approximate location shown. Contact agent for exact address.

Gallery

Property Photos

Listing description

About this property

Set amongst the tropical palm trees and lovely island breezes is nice studio holiday villa for you to buy. Currently used as a short term holiday stay with income. There is a 3 month rental in place at $350 per week. This timeframe for rental and rental price could be subject to change at anytime. The unit could be put into the holiday rental pool or set up as a airbnb as an option. It is a ground floor unit with sliding doors and windows facing its own outside patio sitting area overlooking green lawn and gardens. When entering this villa style studio, it has the comfort and includes all furnishings with the sale. All you need in a resort setting off the Great Barrier Reef of Australia. A fantastic opportunity to purchase this holiday unit as an investment. Presenting nicely with galley kitchen with sink, water, benchtop and appliances. It is very neat with its own queen size bed and some extra furniture. The bathroom is off the lounge/bedroom area and features a bathroom vanity, mirror, toilet, and shower. Perfectly positioned at the Amaroo Resort includes is a huge tennis court, a Olympic Size Swimming Pool with spa, and Lounging area plus adjacent to the pool is a full-size licensed restaurant. Plus, a tennis court for outdoor activity. Past the reception area is a playground for the children and an exercise room. There is parking area at the resort. There are weddings, private functions held at the resort with the assurance of new bookings in demand for more guests and more income. The Amaroo on Mandalay resort located off the beaten path offers on its own private area and easily to get to by bus or a short 15 minute stroll to the Nelly Bay ferry passenger terminal. Which travels daily at various times to Townsville 7 days a week. Within Nelly Bay area close to terminal is the convenience of IGA supermarket, plus a few blocks away, chemist, doctors, bottle shop, restaurants. There is bus lines that stop at the front of the resort, which meet the ferry time schedules. The ferry trips are approximately 25 minutes to Townsville. As strata title units, Body Corporate Levies and Townsville City Rates apply to each owner. Electricity for the unit is included in the Body Corporate levies. Due to the occupancy of this unit, a minimum 24 hour notice is needed before inspection in person. Thank you. For further information, call Pamela Chambers, licensee and realtor owner resident on Magnetic Island since year 2003. *********************************************** Disclaimer. You are advised that you should conduct your own due diligence and not rely on this information, including but not limited to, the property area, the photos in the advertising, floor size, price, address and general property description on the Website. The photos are stock photos and may not entirely represent the actual unit for sale. These can be email to you directly should you request. The information has been provided to us by third parties and is published as a convenience to you. We accept no liability whatsoever in connection with the information published.

Property Details

Property Type
apartment
Listing Type
For Sale
Bathrooms
1
Land Area
38 m²
Listed
1 month ago

Repayment calculator

$582/month
$291 /fortnight
Loan $96,000 at 6.10% over 30 years

Upfront costs

Deposit$24,000
Stamp duty$2,625
Conveyancing (est.)$2,000
Total upfront$28,625
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

Know what you can borrow

Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.

Inspections

Interested in inspecting this property?

Check the next open inspection time or request a private viewing on Domain.

Book inspection on Domain

Work at Beachfront Realty Magnetic Island? Claim this listing to sync your ads with StMate.

Neighbourhood

Living in Nelly Bay

This apartment in Nelly Bay, QLD 4819 sits within reach of public transport, local shops and nearby schools. It is listed 81% below the $625,000 median of 77 comparable apartmentswithin 5 km.

Schools near Nelly Bay

  • Magnetic Island State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Mandalay Ave at Elena Street (bus)131 m away
  • Unnamed511 m away
  • Unnamed1.2 km away
  • Nelly Bay Foreshore1.2 km 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.

Generate Property Report

Get a comprehensive analysis of this property across 10 data dimensions including schools, zoning, traffic, transport, noise, flood risk, bushfire, crime, development, and heritage.

Takes 10-20 seconds Uses 1 report credit

Suburb market

Suburb price trend

Nelly Bay price trend

Median sold · Unit 2 bed

Compound growth +2.1% / yr over 4 yrs

$435kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Nelly Bay market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

See exactly how this listing's price has moved over time— a paid feature. The figures aren't shown publicly.

Within 5km

Nearby Properties

View all in Nelly Bay