14 The Cove, Nelly Bay$950,000
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14 The Cove

Nelly Bay, QLD 4819, Australia
$950,000
487 m²

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About this property

To enquire, please email or call 1300 815 051 and enter code 5776 Freehold Lot available. No body corporate or covenant restrictions. The annual fees for the docks which are owned by you are over 80% cheaper than regular marina body corporate fees. Lot 2 #14 The Cove, 488 m2, 14.955m water frontage. $950,000 with 12 meter dock, rated for up to a 56 footer. Magnetic Island is the only Island in the Great Barrier Reef where the land is freehold. Catch your own Mud Crabs, a metre-long Barramundi right at your doorstep or do battle anytime with a Tarpon. Kids can feed the other residential fish & Rock Wallabies. Privacy increases as you select a property nearer the front of The Cove, where with the front allotment, you become totally secluded from any prying eyes across immediate waterways. The view you see in the pictures can never be built out or your privacy compromised. Say goodbye to background traffic noise, say hello to the sound of silence and fresh, cool sea breezes, where it's noticeably cooler on the waterfront. Stroll on down and check this location in the late afternoon and besides the tranquillity, you'll also notice the absence of mosquitoes and sand-flies where fly screened windows and doors aren't required at this location. Only a short walk to the ferry terminal avoiding ever getting stuck missing a bus or Taxi after returning late from an evening in the city which is only a 20 minute ferry ride away. In contradiction to some local real-estate agents saying that build delays on the Island can be up to 4 years, NHS one of Townsville's premier award winning local luxury home builders can usually have built within six months a single story dwelling or twelve months for two stories. Council approval is only a 2-3 week process once their plans are submitted. No special building footings are required on this reclaimed land, which was properly constructed to the strictest conditions. Examples of NHS's luxury dwellings on similar size blocks can be viewed from the city ferry terminal, over next to the casino on the Breakwater marina, and at local golf course developments. Nelly Bay has one of the cleanest tropical marinas from both air and water pollution you'll find anywhere with around four meters of water at lowest tides, NO SILTING at these front location lot locations in the last twenty years and totally free of all the air pollution experiences in Townsville and most other coastal marinas. Under water growth on vessels in this marina is also a fraction of the rate experienced in Townsville city. If leaving a vessel unattended for months you can expect less filth on the decks to hose off on your return than experienced from a weekly clean in the city. None of that Port dust and grime that eats into your clears and turns the white covers orange or black. This is one of the main reasons people love living on the Island, clean healthy air, no crowds, very little traffic, best medical system you'll ever experience, none of the crime issues experienced on the mainland and so on. Less than one minute from your dock to fishing lines in the water chasing Mackerel or open ocean access to coral reefs and fantastic deep sea fishing. The Island has 26 bays and beaches with many only boat accessible. Townsville also has a number of near by islands for interesting coastal cruising and the 30NM wide Great Barrier Reef network of reefs starts at around 30NM from Magnetic Island making the range of spectacular boating experiences exceptional when compared to those experienced the further south you move. Change your life forever and spoil yourself and your family with Australia's best kept boating and lifestyle secret, Magnetic Island. To enquire, please email or call 1300 815 051 and enter code 5776

Property Details

Property Type
land
Listing Type
For Sale
Land Area
487 m²
Listed
3 months ago

Repayment calculator

$4,606/month
$2,303 /fortnight
Loan $760,000 at 6.10% over 30 years

Upfront costs

Deposit$190,000
Stamp duty$35,775
Conveyancing (est.)$2,000
Total upfront$227,775
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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 land in Nelly Bay, QLD 4819 sits within reach of public transport, local shops and nearby schools. It is listed 47% above the $645,000 median of 78 comparable landswithin 5 km.

Schools near Nelly Bay

  • Magnetic Island State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Car Ferry Ramp - Townsville (ferry)180 m away
  • Unnamed195 m away
  • Unnamed405 m away
  • Nelly Bay Foreshore429 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 · House 3 bed

Compound growth +11.8% / yr over 4 yrs

$710kcurrent median

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