131/123 Sooning StreetNelly Bay QLD 4819
Property Details for 131/123 Sooning St, Nelly Bay
131/123 Sooning St, Nelly Bay is a 2 bedroom, 2 bathroom Unit and was built in 2006. The property has a land size of 90m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (April 2022)
Enjoy sweeping panoramic views of the marina to the ocean and across to the hills of Magnetic Island from this stylishly renovated and fully furnished dual key top floor apartment. This dual key apartment is one of the best and makes the most of its end location in the 'Blue on Blue' complex it is larger than most due to its corner location which opens it up with a side window.
Two individual units on one title allowing you to maximise your income - stay in one side and let the other or let both together or separately. The apartment is privately managed and comes with numerous forward holiday bookings, its own website for marketing professionally and set up to manage the holiday rental bookings yourself for instance on Airbnb and Booking.com. At present the apartment is showing a good holiday rental return with over 80% occupancy.
The larger studio unit is comfortable for longer stays with a kitchenette, dining area, lounge, full sized bathroom with bath and hideaway laundry. Floor to ceiling glass doors open onto the balcony where you can enjoy beautiful sunset views over water. The hotel-style second studio unit also has a lounge area and balcony as well as its own bathroom. The divider between the two balconies can be opened up to use the property as a two-bedroom, two-bathroom apartment.
There is also the option to purchase the lease for a 12m marina berth 20B in the Marina, only owners of apartments in Blue on Blue are entitled to purchase berth leases in the Magnetic Marina.
The Body Corporate fees are approximately $11,950 per year, this includes the insurance and maintenance of the grounds, pool and sinking fund. The City Council Rates are approximately $1,686 per six months.
The resort-style complex has a waterfront bar and restaurant, conference rooms, day spa and 2 swimming pools including the stunning and vast lagoon pool.
All just steps away from the ferry terminal, transport options, supermarket, cafes and more.
Call to make an appointment to inspect the apartment, please note we cannot do inspections if holiday guests are in residence.
Property History for 131/123 Sooning St, Nelly Bay, QLD 4819
- 12 Apr 2022Sold for $420,000
- 22 Dec 2021Listed for Sale $450,000
- 28 May 2020Listed for Sale $370,000
Recent sales nearby
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0About Nelly Bay 4819
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 1,422 properties. Over the last 5 years, Houses in Nelly Bay have seen a 111.98% increase in median value, while Units have seen a 59.22% increase. As at 31 May 2026:
- The median value for Houses in Nelly Bay is $797,451 while the median value for Units is $502,613.
- Houses have a median rent of $600 while Units have a median rent of $455.
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