22 The Cove, Nelly Bay$930,000
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22 The Cove

Nelly Bay, QLD 4819, Australia
$930,000
1056 m²

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About this property

This huge 1052 square metre lot is the second largest lot being ready to build on with services available. Already installed is a professional 12 metre floating pontoon style jetty, complete with long term tenants using the jetty paying weekly. This block is the second last on the North East side of the Gustave Creek and is NOT subject to any fees from the Nelly Bay Marina, so your boat can rest easily with no ongoing costs. The access to the pontoon is deep water, the last known depth readings were in and around 6 to 8 metres under the pontoon, so it's suitable for those seeking the ultimate sheltered berth. Being the second last means that we get very little boat wash issues or weather concerns. The block can be built on instantly. It is surrounded by prestigious houses already and is only a 5 minute walk to the shops, a 7 minute walk back to the ferry terminal, and more shops. All the documents supporting the pontoon construction are available and has been approved by Insurance companies as suitable for use. This block is one of the last in "The Cove" enclave. The lifestyle on offer here is second to none, build your dream home and enjoy.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1056 m²
Listed
3 months ago

Repayment calculator

$4,509/month
$2,254 /fortnight
Loan $744,000 at 6.10% over 30 years

Upfront costs

Deposit$186,000
Stamp duty$34,875
Conveyancing (est.)$2,000
Total upfront$222,875
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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 43% above the $650,000 median of 78 comparable landswithin 5 km.

Schools near Nelly Bay

  • Magnetic Island State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Mandalay Ave at Magnetic Island State School (bus)276 m away
  • Unnamed128 m away
  • Unnamed424 m away
  • Nelly Bay Foreshore461 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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