Home/Properties/Nelly Bay/1206/146 Sooning St 'One Bright Point'
1206/146 Sooning St 'One Bright Point', Nelly Bay$445,000
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1206/146 Sooning St 'One Bright Point'

Nelly Bay, QLD 4819, Australia
$445,000
2 bed 2 bath 1 car134 m²

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About this property

Recently repositioned to create immediate value within the Bright Point complex, this spacious second story 2-bedroom apartment presents a compelling opportunity in the mid-$400s. At 134m², the layout offers generous open-plan living flowing to a private verandah that captures sea breezes and a glimpse of water - a rare feature within this block. Entry is via the practical "beachroom", ideal for storing island essentials. The master bedroom includes an ensuite with bath and separate shower, while the second bathroom incorporates a concealed laundry. Lift access, undercover parking, four swimming pools and gym facilities complete the resort-style offering. Currently tenanted on a periodic lease, providing flexibility to continue as an investment or secure vacant possession for owner occupation. With comparable furnished apartments in the complex asking in the high-$400s, this is the clear value play for buyers seeking space, position and pricing alignment. Body corporate approx. $11,300 p.a.; council rates approx. $3,640 p.a. This property has been decisively priced and is expected to attract strong interest at this level. Magnetic Island is just 25 mins from Townsville by regular passenger ferry and offers not only fantastic weather and 23 beautiful beaches and bays but also plenty of activities including sunset sails, jet ski tours, snorkelling and diving, beauty spas, National Park walking tracks and an abundance of wildlife including koalas, wallabies, and varied birdlife. 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: 1679

Property Details

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

Repayment calculator

$2,157/month
$1,079 /fortnight
Loan $356,000 at 6.10% over 30 years

Upfront costs

Deposit$89,000
Stamp duty$14,000
Conveyancing (est.)$2,000
Total upfront$105,000
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.

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Neighbourhood

Living in Nelly Bay

This 2-bedroom apartment in Nelly Bay, QLD 4819 sits within reach of public transport, local shops and nearby schools. It is listed 32% below the $650,000 median of 78 comparable apartmentswithin 5 km.

Schools near Nelly Bay

  • Magnetic Island State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Magnetic Island Ferry Terminal Stop 1 (bus)144 m away
  • IGA Supermarket203 m away
  • Unnamed746 m away
  • Nelly Bay Foreshore756 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 2 bed

Compound growth +3.1% / yr over 4 yrs

$450kcurrent median

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