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233/123 Sooning Street, Nelly Bay$395,000
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For Saleapartment

233/123 Sooning Street

Nelly Bay, QLD 4819, Australia
$395,000
2 bed 2 bath 1 car106 m²

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About this property

Perfectly positioned within the sought after Peppers Blue on Blue Resort, this rare dual-key opportunity at 233/123 Sooning Street, Nelly Bay offers two individual units on one title, ideally located on the third floor with lift access for convenience and elevated privacy. An exceptional investment or lifestyle purchase, the property provides flexibility to live in one unit and holiday let the other, rent both for dual income streams, or enjoy a spacious island retreat for family and guests. Fully furnished and air-conditioned throughout, both units are ready to enjoy immediately or place into the holiday letting market. Private undercover balconies provide the perfect space to relax and take in the tropical surrounds. Additional features include secure undercover parking, adding peace of mind and practicality. Set within one of Magnetic Island's premier waterfront resorts, residents and guests enjoy access to quality resort facilities including lagoon pools, marina views, dining, and beautifully landscaped tropical grounds. Conveniently located in the heart of Nelly Bay, just moments from the ferry terminal, beaches, shops, cafes, restaurants, and transport, this is island living at its finest with all amenities at your doorstep. Magnetic Island is only a 20-minute ferry ride to Townsville and a short drive to the airport with domestic and international connections. Features: Dual-key configuration - two individual units on one title Third-floor position with lift access Fully furnished and move-in ready Air-conditioning throughout Private undercover balconies Secure undercover car parking Flexible lifestyle or investment opportunity Ideal for owner-occupiers, holiday letting or permanent rental Access to resort pools and facilities Walk to ferry terminal, marina, shops and dining Located in the popular Peppers Blue on Blue Resort Rates $2,028.05 per half year Body Corp Fees $4,092.88 per quarter

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
106 m²
Listed
1 month ago

Repayment calculator

$1,915/month
$957 /fortnight
Loan $316,000 at 6.10% over 30 years

Upfront costs

Deposit$79,000
Stamp duty$12,250
Conveyancing (est.)$2,000
Total upfront$93,250
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 2-bedroom apartment in Nelly Bay, QLD 4819 sits within reach of public transport, local shops and nearby schools. It is listed 39% below the $650,000 median of 78 comparable apartmentswithin 5 km.

Schools near Nelly Bay

  • Magnetic Island State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Magnetic Island Ferry Terminal Stop 2 (bus)103 m away
  • Bottlemart38 m away
  • Unnamed632 m away
  • Nelly Bay Foreshore655 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 · Unit 2 bed

Compound growth +3.1% / yr over 4 yrs

$450kcurrent median

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Price history

Price history

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