38 Mandalay Avenue, Nelly Bay, QLD 4819 | Property Value & History | OnTheHouse
OFF MARKET

38 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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Property Details for 38 Mandalay Ave, Nelly Bay

Building Type
Commercial
Land Size
1012m2
Local Government
Townsville City
Lot/Plan
13/RP705248

Last Listing description (June 2022)

This is a lifestyle opportunity. Live in the 2 Bedroom Home at the rear of the 1012m2 property, operate the Pool Service and Party Hire in the separate Warehouse out front and it's all on Magnetic Island 20mins by Ferry to Townsville. AND YOU GET A HOUSE TOO!!

Supplying pool materials and equipment to the Islands' pools and servicing most of them, this is ongoing income stream and only growing.


The adjoining party hire offers plenty of potential in its current format however there is plenty of space for other considerations and usage on this property.

Mandalay Av in Nelly Bay, is a short walk to Nelly Bay which is serviced regularly by both barge and ferry, and is only 20minutes from Townsville.

- 1012m2 Freehold Commercial Property

- 289 m2 Warehouse with showroom, store front, workshop and storage

- Solid 2 bedroom Managers House

- Existing Substantial Client Base

- Experienced Staff

Trading 5 and a half Day per week.

List of plant and equipment includes service vehicles and mobile cold rooms.

This is WIWO (Freehold Property and Business) with redacted trading figures available to prospective purchasers and an outstanding opportunity to make the sea change to Magnetic Island.

For detailed information and inspection please contact Greg Banks 0408708154

Property History for 38 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$490,000
03 May 2022
  • 03 May 2022
    Sold for $490,000
  • 25 May 2021
    Listed for Sale SOLD - $490,000
  • 12 May 2004
    Sold for $400,000
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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 1,431 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:

  • The median value for Houses in Nelly Bay is $790,519 while the median value for Units is $469,707.
  • Houses have a median rent of $600 while Units have a median rent of $455.
There are currently 55 properties listed for sale, and no properties listed for rent in Nelly bay on OnTheHouse. According to Cotality's data, 60 properties were sold in the past 12 months in Nelly bay.

Suburb Insights for Nelly Bay 4819

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.