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160/61-79 Mandalay Avenue

Nelly Bay, QLD 4819, Australia
$135,000
1 bath38m²

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Area Price Guide
$126,900$143,100

Indicative price guide range

🏘️
86
Comparable
📊
$720,000
Area median
⚖️
-81%
vs median
📐
$3,553
Per m²
📏
38 m²
Land
🗓️
Today
Listed

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About this property

Ideal position at the top of the resort with a lovely outlook overlooking the gardens with its own ground level private covered patio. Plus a outdoor setting setting for outside entertaining. This studio unit number 160 is ready to go and there have been upgrades and for sale at $135,000. The bonus is next door is the studio unit number 159 also for sale by the same owners and willing to negotiate a package deal. This one is for sale at offers over $145,000 Floors, cupboards, kitchen, bathroom and a real beauty. Owner has taken much pride in the renovations for more appeal and comfort that holiday guest love when staying on Magnetic Island. Located in a block of 6 units on a 10 acre resort at top with better views as it is more sloping unit positioned. There are lovely breezes that come from the sea winds and the backdrop of the mountain National Park range. With abundance of wildlife of birds, spotted koalas that wonder around and native gardens, and the real feeling that nature is at your doorstep. For a buyer investor it is a perfect set up. It is being sold completely furnished as it used for holiday bookings. Your choice to keep the existing holiday letting managers or do your own letting/airbnb is permitted. Owners are allowed use of their units for 90 days per year. Completely included are many furnishings with top of the line king split bed, large flat screen television, split system air conditioner, ceiling fan, and indoor table and chairs, Within unit 160 . is your own galley kitchen with beautiful cupboards and benchtop in the kitchen. There is a large two door freezer/refrigerator, microwave, kettle, dishes, cups, glassware, cutlery. The linen is hired for holiday bookings. The separate bathroom has a shower, toilet, and sink benchtop with tiled floor. Units in the complex for sale is a strata title and for holiday letting. Long term rental and permanent living is not permitted. There is a body corporate levy payable each quarter and the Townsville City Council Rates every 6 months. Billable direct to each owner. Within the resort, there is plenty to enjoy including inground magnesium Olympic size swimming pool, tennis court, children's playground, garden setting for weddings, and functions, separate BBQ area. There is a separate laundry room with washing machines and dryer coin operated. At front of the resort is a reception area and at the rear of the resort is a licensed restaurant. There is off street parking for guests and visitors and located outside the reception area. Investing and buying a unit here within the Nelly Bay suburb offers many amenities. Everything is close by and walking distance to shops, cafes, boating, swimming, bank, post office and medical centres. Magnetic Island is just a short 25 minute ferry ride from Townsville with the Sealink Passenger catamaran. Runs continuously. The exclusive island local agent, Pamela Chambers for over 17 years selling on Magnetic Island can provide transportation from Nelly Bay ferry terminal to this unit for personal inspection to buyers. *********************************************** Disclaimer. You are advised that you should conduct your own due diligence and not rely on this information, including the property area, floor size, price, address and general property description on the Website. Photos within this ad may be stock photos. 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 Features

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    Repayment calculator

    $654/month
    $327 /fortnight
    Loan $108,000 at 6.10% over 30 years

    Upfront costs

    Deposit$27,000
    Stamp duty$3,150
    Conveyancing (est.)$2,000
    Total upfront$32,150
    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.

    Property Details

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

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