31/61-79 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 December 2024.
Raine & Horne Magnetic Island proudly presents a fantastic opportunity to own a studio apartment set on approximately 10 acres of lush tropical gardens in Nelly Bay. Located within a large 96-unit resort complex, this property offers a range of amenities including a restaurant, large inground pool, tennis courts, and outdoor BBQ areas surrounded by beautifully maintained lawns, making it an ideal investment or personal holiday retreat.
The fully furnished studio apartment comes equipped with bedding, refrigerator, microwave, kitchen appliances, curtains, and kitchenware-everything you need for a comfortable stay. The resort is conveniently located just a short walk or bus ride from Nelly Bay Harbour and ferry terminal and is close to local amenities such as the IGA supermarket, chemist, doctors, schools, and police station.
The property operates under a strata title, with Body Corporate fees (including power and gas) and Townsville City Council rates (including water supply).
For further details or to arrange a private inspection, please contact Steve on 0499 500 032 or Ross on 0428 785 012.
Disclaimer: All information provided is for your convenience, but it is recommended that you conduct your own due diligence. Raine & Horne Magnetic Island assumes no liability for inaccuracies in the information, including but not limited to property size, pricing, and descriptions.
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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