Home/Properties/Nelly Bay/145/61-79 Mandalay Avenue
145/61-79 Mandalay Avenue, Nelly Bay$130,000
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145/61-79 Mandalay Avenue

Nelly Bay, QLD 4819, Australia
$130,000
1 bed 1 bath38 m²

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About this property

Timing is Perfect! Fresh and bright and comfortable studio unit as a getaway from the winter cold. Own your own piece of property on a tropical island off the Great Barrier Reef just a 20 minute ferry trip from Townsville. The island offers post office, bank, grocery stores, restaurants, jet skiing, fishing trips, and all the fun things in one location. A completely self contained furnished unit included in price: Lounge furniture, bed, television, air conditioner, fridge, table and chairs, curtains, kitchen appliances, dishware, cutlery, glasses. Unit can be used for the owner as a personal holiday getaway as a their own convenience.. up to 90 days through the year. Your option as owner to continue with existing set up, change to Airbnb, use the onsite holiday rental manager or rent out yourself. Choice is yours. Strata title Free hold. With over 200 days of sunshine up in North Queensland, enjoy the natural wildlife and beaches, boating and bush walking. National Parklands with tropical exotic birdlife, wallabys, koalas and just beauty at your doorstep. The resort offers a large swimming pool, tennis courts, playground for children and a BBQ area. Walking tracks and bush tracks around the corner to venture out for sightseeing of wildlife and nature. It is a end unit at the building complex and offers its own private patio that is covered from the sun and the outlook is onto lovely green gardens. Entertaining area for your friends, guests, and family. Car parking off the road is free and is available at the resort. The public bus line stops outside the front entrance and convenient, without the need to have a vehicle. Body Corporate Levies applicable. All electric power is included in the levies with no extra power bill. Building insurance is included too. Property can be viewed with a minimum 24 hour notice for entry. 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, photos, 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. More information is available, just contact local island agent in Nelly Bay: Pamela Chambers at Beachfront Realty Magnetic Island on Mobile 0418 543 054. Locally owned real estate agent and resident of Magnetic Island for over 18 years.

Property Details

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

Repayment calculator

$630/month
$315 /fortnight
Loan $104,000 at 6.10% over 30 years

Upfront costs

Deposit$26,000
Stamp duty$2,975
Conveyancing (est.)$2,000
Total upfront$30,975
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 1-bedroom 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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