4 Mandalay AvenueNelly Bay QLD 4819
Property Details for 4 Mandalay Ave, Nelly Bay
Last Listing description (August 2016)
Elders Commercial is pleased to offer for sale by 'Private Treaty' this well positioned commercial premises (TENANTED) located within the business precinct of Nelly Bay, Magnetic Island.
Magnetic Island is the Jewel in Townsville's crown and just a 25 minute ferry cruise from the mainland and you re at the front door of 4 Mandalay Avenue.
The Warehouse has a 420sqm floor area, plus a 50sqm mezzanine level offering a plate glass shopfront, air conditioned offices, kitchen and disabled amenities. Internal main pitch warehouse heights are approx. 6 metres with 2 x 3.5 metre wide x 4 metre high roller door accessibility.
The whole of the site, at 1,012sqm, is full concrete hardstand, with 10 on site car parks at the front of the premises.
This is a unique opportunity to purchase a well-constructed / maintained commercial premises on Magnetic Island. The building is approx. 12 years old in a flood proof area. Close to the ferry and barge terminals, and neighbouring the existing Nelly Bay retail strip on Sooning Street.
For further information and to arrange an inspection contact ELDERS COMMERCIAL Exclusive Listing Agent - Glenn Adair - (07) 47 225550 - 0411 213 880 or glenn.adair@elderstsv.com.au
Property History for 4 Mandalay Ave, Nelly Bay, QLD 4819
- 31 Mar 2016Sold for $400,000
- 24 Jan 2015Listed for Rent - Price not available
- 08 Jul 2014Listed for Rent - Price not available
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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 1,429 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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