Home/Properties/Nelly Bay/135/61-79 Mandalay Avenue
135/61-79 Mandalay Avenue, Nelly Bay$127,000
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135/61-79 Mandalay Avenue

Nelly Bay, QLD 4819, Australia
$127,000
1 bath38 m²

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About this property

Owner is looking at genuine offers only and now is your opportunity to grab it. A must see and don't pass this up! If you have been thinking to buy a piece of tropical island paradise and the lowest price ever now is the time. (in consideration of the upgrades and renovations on this particular unit) Perfect and popular location within the resort, it is a ground floor unit that has been updated with beautiful decor. This unit has over $45,000 renovations and upgrades with a modern look with loads of fresh feel and loads of comfort for use by its owner and for holiday guests. A much loved and comfortable studio unit with huge amount of upgrades throughout. Walk in, walk out ready and all the hard work has been done. Everything included as per the photos except the linens and towels. Inventory list to be provided. Owners have had professional contractors complete over $45,000 and have used for personal and family member stays, but it is no longer needed for them, so it is on the market to sell. When first entering the unit you will see the new "timber type" flooring with with modern clean look, freshly painted and new wall tiles with timber kitchen benchtop and new cupboards with lots of storage and stainless steel sink. Plus more shelving and a two door refrigerator/freezer and new split system air conditioning. The bathroom has been specially upgraded with being a open planned and disable friendly (only unit that we are aware of in the complex that is) with new tiles on the walls and in the shower, plus new toilet and bathroom vanity with timber grained counter and new sink and fittings and lighting. This studio sleeps two guests and completely furnished freshly painted. There is enough room to add a single bed or trundle bed to sleep additional 1-2 guests. Other features of the kitchenette area include a full size 2 door refrigerator, along with the modern timber benchtop and cupboards, with a stainless steel sink, there is a microware, the dishware, silverware and glassware. At the resort, where the unit is located there are tennis courts, Olympic size magnesium swimming pool, garden area, BBQ area, a gym and playground for the kids. The resort has off street parking. There is also a conference room and a "Up the Garden Path" restaurant that is licensed for eating and dining overlooking the beautful swimming pool This unit is currently in the holiday letting and income paid to the owner. The zoning of the resort is not for permanent residency. Owners can use their units for short holiday stays. The Amaroo on Mandalay resort is centrally located in Nelly Bay, with convenience of IGA supermarket, chemist, doctors, and the ferry terminal that commutes to Townsville. 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. The Nelly Bay beach is a short 15 minute stroll. As strata title units, Body Corporate Levies and Townsville City Rates apply to each owner. These are the outgoings to the owner. There is no additional bills for electricity as that is included in the levies. Building insurance is covered in the levy. All the gardens, pool and common area of the resort is covered in the levies. With the rates, the trash and water is included. There is a coin operated laundry at the resort for convenience. And a front reception area to greet holiday letting guests. 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, floor size, price, address and general property description on the Website. 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. Disclaimer: All photographs, facades, colour schemes, floor plans and dimensions are for illustrative purposes only and may vary slightly to the end product.

Property Details

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

Repayment calculator

$616/month
$308 /fortnight
Loan $101,600 at 6.10% over 30 years

Upfront costs

Deposit$25,400
Stamp duty$2,870
Conveyancing (est.)$2,000
Total upfront$30,270
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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 apartment in Nelly Bay, QLD 4819 sits within reach of public transport, local shops and nearby schools. It is listed 80% below the $650,000 median of 79 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.

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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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