Ray White Metro North is pleased to present 36 Mandalay Avenue, Nelly Bay (Magnetic Island) - an opportunity to acquire the freehold property together with a veterinary tenant, trading service station and convenience retail business on a walk-in walk-out basis.
The fuel / convenience store services local residents, tradespeople, businesses and more than 300,000 visitors annually.
Key features include:
Freehold property and trading service station business offered together
1,000 m site with two street access*
250 m service station and convenience retail premises*
Separate Magnetic Island Veterinary Clinic tenancy
Two bowsers capable of servicing four vehicles simultaneously
Extensive operational equipment included in the sale
Approximately 10,500 vehicles passing weekly
Substantial opportunities to expand the merchandise range
Service station business is currently trading; however, no historical business trading figures
* Approx
For Sale by Expressions of Interest Closing Sept 5th 2026
Please contact Stephen or Elliot Kidd for further information or access to the due diligence material.
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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