5203/146 Sooning StreetNelly Bay QLD 4819
Property Details for 5203/146 Sooning St, Nelly Bay
5203/146 Sooning St, Nelly Bay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 179m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (March 2025)
YOU WILL NOT BELIEVE THE RETURN ON THIS UNIT.
3 Bedroom, 2 Bathroom Unit with bonus Bunk Room. Sleeps 8.
Welcome to unit 5203, a top end luxury apartment in the gated Grand Mercure Apartments complex at Bright Point, Nelly Bay on beautiful Magnetic Island.
You'll love the wide panoramic ocean views from this absolute waterfront unit overlooking the Great Barrier Reef. This is the best of the best at Bright Point! You can literally go to the waterfront in front of your unit and scuba dive or snorkel from there to the reef!
We dare you to search out a unit of this calibre right on the waterfront on the Eastern seaboard with this kind of earning potential for under a $million.
This fully furnished unit has it all....
Spacious open plan living, with room for 8 people to cook, dine and relax.
A fully-equipped kitchen area for those who like to cook.
A large under-cover balcony overlooking the ocean - big enough to BBQ. You'll be mesmerised by the views.
3 over-size bedrooms, plus a bunk room for extra guests and kids.
Master bedroom overlooking the ocean, with ensuite and the luxury of a bathtub with a view!
A laundry with washer and dryer.
4 swimming pools on site to choose from, plus 2 gymnasiums. All swimming pools have an ocean view.
Outdoor BBQ areas for entertaining.
Being 179m2 it is the size of a house.
You can live in this apartment and love it.... or sit back and reap in the incredible income that this apartment generates.
INVESTMENT OPPORTUNITY
This apartment is currently self-managed by the owner and is let through Air BNB and Bookings.com and achieves extraordinary reviews and returns. It is booked out most of the year, so if you were planning have a vacation in your own unit, you would need to book well in advance!
For more information on this gateway to the reef, or to book an inspection, call THE MARTINS at Helen Munro Property.
Lorraine Martin 0419 755 109 Brian Martin 0437 959 984
Property History for 5203/146 Sooning St, Nelly Bay, QLD 4819
- 10 Jul 2024Sold for $770,000
- 28 Feb 2024Listed for Sale $799,000
- 15 Jul 2023Listed for Sale $899,000
Recent sales nearby
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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 1,427 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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