26/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 40m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
This fantastic value studio unit could be yours with freehold title 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 la carte restaurant and bar are on site also a reception counter with lounge area and information centre.
Priced to sell this studio unit comes fully furnished as seen in the photographs with a very functional kitchenette, separate bathroom and queen bed. It is an end unit positioned in the resort with lawn & palm tree views from the front patio of the unit.
Amaroo on Mandalay located on beautiful Magnetic Island is set on over 8 acers 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 wallaby's bounding by also a variety of tropical birds that come in daily.
The unit is currently managed by onsite management for holiday bookings presenting a great opportunity to use for your own holiday escape and receiving a rental return to cover costs when not being used by yourself or family.
Owners may use the unit as often as they like the maximum stay at one time is 3 months as the units are not designed for permanent living.
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 beach front, 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.
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 1,431 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:
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