4/98-100 Sooning StreetNelly Bay QLD 4819
Property Details for 4/98-100 Sooning St, Nelly Bay
Last Listing description (August 2020)
Looking for a High Visibility, High Traffic location for your business on Magnetic Island?
Look no further. This commercial premises has so much to offer a variety of business types. Located in a complex of 10 shops, with other tenants ranging from Boutique Fashion, Gifts, Aus post, Vinnies, Queensland Country credit uni (the only bank on the island) and a pizza and coffee takeaway shop, there are always people near by.
This space has recently undergone a facelift internally, with new flooring and newly painted walls and ceiling. Ready for the next tenant to start in a blank canvas.
The complex is located within a short walk to the Nelly Bay ferry terminal, which also houses Magnetic Islands two main resorts, blue on blue magnetic and Peppers Resort.
Previously this space housed a long term successful bakery, who were able to benefit from the foot traffic and also provide a much-needed fresh bakery service to the local cafe's, restaurants and pubs.
There is also a potential for the property to be split in half, with two separate front access doors allowing two potential lessee's to co habitate.
If you are looking for a new space to grow your business on Magnetic Island then look no further.
Ring today for a confidential discussion!
Property History for 4/98-100 Sooning St, Nelly Bay, QLD 4819
- 13 Mar 2020Sold for $357,500
- 06 Dec 2019Listed for Sale EXPRESSIONS OF INTEREST
- 25 Jun 2019Listed for Rent $26,200 / year
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0About 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 1,430 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.
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