1/12 Terrace Pl, Nelly Bay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 189m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
No Body Corp Fees
The contemporary architecture and absolute water front location of this apartment offers an unrivalled lifestyle on Magnetic Island, enjoying a sweeping panorama view of the Nelly Bay harbour and across to the ocean.
Open plan kitchen/lounge/dining expand to the outdoor terrace that overlooks the sparkling swimming pool and out to the ocean where you can relax enjoy the ocean breeze and watch the boats drift by. The apartment is air-conditioned throughout, fully screened with security screens and offering 3 bedrooms all with robes, the master has a walk-in robe, ensuite with generous rain shower and has amazing sea views. The main bathroom is spacious with relaxing bath and separate toilet. The apartment is complete with internal laundry and a large single lock up garage.
This entire ground floor apartment is one of only two unit's, of which the owners manage with no body corporate fees, sharing costs of grounds and swimming pool maintenance.
Rates are approximately $1,653 per six months.
Located in Nelly Bay within walking distance to restaurants, supermarket, chemist, bottle store medical centre, bus stop and primary school. Close to the ferry and barge terminal where it is only a 20-minute cruise by ferry to Townsville on the mainland.
Call to make an appointment to view you won't be disappointed.
The size of Nelly Bay is approximately 4.7 square kilometres. There are 5 parks, covering nearly 52.3% of the total area. The population of Nelly Bay in 2016 was 1196 people. By 2021 the population was 1213 showing a population growth of 1.4% in the area during that time. The predominant age group in Nelly Bay is 60-69 years. Households in Nelly Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nelly Bay work in a professional occupation.In 2021, 69.20% of the homes in Nelly Bay were owner-occupied compared with 57.10% in 2016.
Nelly Bay has 1,428 properties. Over the last 5 years, Houses in Nelly Bay have seen a 100.34% increase in median value, while Units have seen a 49.40% increase. As at 31 July 2026:
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