69/61-79 Mandalay Avenue, Nelly Bay, QLD 4819 | Property Value & History | OnTheHouse
OFF MARKET

69/61-79 Mandalay Avenue
Nelly Bay QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 40m2
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Property Details for 69/61-79 Mandalay Ave, Nelly Bay

69/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 40m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1975
Land Size
40m2
Local Government
Townsville City
Lot/Plan
69/GTP103862

Last Listing description (July 2023)

Phone enquiry code for this property : 4430

Are you looking for an affordable tropical Island investment, vacation, or winter escape?


Situated off the Great Barrier Reef, Amaroo on Mandalay, located in Nelly Bay on beautiful Magnetic Island is set on over 10 acres with lush tropical gardens and lawns, offering plenty of areas to escape and enjoy the peace and
tranquillity of the island. The Resort setting features a large outdoor pool with plenty of space to sunbathe or relax in the shade, there are also two tennis courts, children's playground, fitness gym, BBQ area, Restaurant and Laundry within the Resort grounds.

The resort backs onto the National Park on the Island where there is the chance to spot koalas in the trees and wallaby's bounding by as well as a variety of tropical birds that come in daily.

Priced to sell at $79,000 in this renovated condition with nothing else to do it comes fully furnished as seen in the photographs and is positioned in a very private area of the resort with garden views from the front patio of the unit and bush outlook from the back door. There is a separate bathroom with shower, sink and toilet.

The unit is currently managed by the owner for holiday bookings presenting a great investment to use as your own holiday escape and receiving a rental return to cover costs when not required by yourself or family.
Or you could place the unit into the Resort Management pool and allow others to manage it for you.

A second unit is available with a conjoining door making them the ideal family get away if purchased as a pair. Photo's available on request.

Nelly Bay is the landing spot for the Boat Ferry and Barge. A bus stop is located right outside the Resort. Buses run every half hour and transport from Picnic Bay to Horseshoe Bay with plenty of stops in between. It is only 800m to the Nelly Bay beach front, supermarkets gift shops, chemist, bottle shop and Ferry Terminal for a 20-minute ferry ride to Townsville.

Body Corporate Fees are approximately $5670 per annum when paid by due date. Body corporate includes all power sources.
City Council Rates are approx. $3030 per year, includes water.


Phone enquiry code for this property : 4430

Property History for 69/61-79 Mandalay Ave, Nelly Bay, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$75,000
15 May 2023
  • 15 May 2023
    Sold for $75,000
  • 06 Mar 2023
    Listed for Sale 79000
  • 02 Aug 2021
    Listed for Sale $33,500
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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 1,429 properties. Over the last 5 years, Houses in Nelly Bay have seen a 91.03% increase in median value, while Units have seen a 56.27% increase. As at 31 August 2026:

  • The median value for Houses in Nelly Bay is $788,850 while the median value for Units is $470,298.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 54 properties listed for sale, and no properties listed for rent in Nelly bay on OnTheHouse. According to Cotality's data, 63 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.