16/61-79 Mandalay AvenueNelly Bay QLD 4819
Property Details for 16/61-79 Mandalay Ave, Nelly Bay
16/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 40m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (November 2021)
This fantastic value studio unit could be yours for holiday accommodation whenever you feel like escaping. Set in a resort style complex featuring a large outdoor pool with plenty of space to sunbathe or relax in the shade there are also two tennis courts, children's playground, fitness & BBQ area. A family friendly A La Carte restaurant and bar are on site also a reception counter with lounge area and information center.
Priced to sell this studio unit has been refurbished and comes fully furnished as seen in the photographs with a very functional kitchenette separate bathroom & queen bed.
Amaroo on Mandalay located on beautiful Magnetic Island is set on over 8 acres with lush tropical gardens and lawns, offering plenty of areas to escape and enjoy the peace and tranquillity. The resort backs onto the National Park of the Island where there is the chance to spot koalas in the trees and wallabies bounding by also a variety of tropical birds that come in daily.
This unit is currently managed by onsite management for holiday bookings presenting a great investment to use for your own holiday escape and receiving a rental return when not required by yourself or family. The units are not for permanent occupation the maximum stay in the units is 3 months at one time.
The resort can be found in a perfect location in the hub of Nelly Bay, there is a bus stop at the front door where you can travel across and explore the Island, it is only 700m to the Nelly Bay beachfront, supermarkets giftshops chemist, bottle shop and cafes. Not to forget the ferry terminal linking Magnetic Island to Townsville on the mainland, only a 20-minute ferry ride.
The owner has other commitments and genuinely wishes to sell. At this price it will not last long on the market, don't miss this great opportunity.
For more information call MaryAnne today.
Property History for 16/61-79 Mandalay Ave, Nelly Bay, QLD 4819
- 09 Apr 2023Sold for $71,000
- 10 Oct 2021Listed for Sale $42,000
- 08 Oct 2021Sold for $40,000
Recent sales nearby
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About 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 1,429 properties. Over the last 5 years, Houses in Nelly Bay have seen a 91.03% increase in median value, while Units have seen a 56.27% increase. As at 31 August 2026:
- The median value for Houses in Nelly Bay is $788,850 while the median value for Units is $470,298.
- Houses have a median rent of $600 while Units have a median rent of $450.
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