77/61-79 Mandalay AvenueNelly Bay QLD 4819
Property Details for 77/61-79 Mandalay Ave, Nelly Bay
77/61-79 Mandalay Ave, Nelly Bay is a 1 bedroom, 1 bathroom Studio. The property has a land size of 40m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 1 bedroom Studio sold in Nelly Bay in the last 12 months.
Last Listing description (October 2025)
Raine & Horne Magnetic Island, in partnership with Steve Leaumont, proudly presents Studio Unit 77 at 61-79 Mandalay Avenue - a beautiful holiday retreat nestled in the heart of Nelly Bay on stunning Magnetic Island.
Just a 20-minute ferry ride from Townsville, North Queensland's bustling commercial centre, this property offers a rare combination of lifestyle and investment potential - where resort-style living meets smart buying.
Whether you're after a peaceful weekend escape, a tropical hideaway, or a reliable passive income stream, this unit ticks every box. Picture yourself relaxing beside the sparkling pool, surrounded by lush gardens, where the stress of everyday life simply fades away. This isn't just a holiday spot - it's a lifestyle choice.
And when you're not soaking up the sun or discovering the island's natural beauty, let the property generate income through holiday rentals. Its low-maintenance appeal and high guest demand make it a perfect 'set-and-forget' investment opportunity for savvy buyers.
Magnetic Island is truly unique - home to 23 beaches, scenic hiking trails, and a relaxed island atmosphere. Here's your chance to secure a slice of paradise at an affordable price, with all the convenience of mainland access close by.
Don't miss your opportunity to own this income-producing island gem. With resort-style living, strong rental potential, and the unbeatable Magnetic Island lifestyle, everything you're looking for is right here.
For further details or to arrange a viewing, contact Steve Leaumont on 0499 500 032 or Jackie Male on 0428 462 451.
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Disclaimer: All interested parties are encouraged to conduct their own due diligence. Photographs may include file images, and the property may have undergone changes since the images were taken. Raine & Horne Magnetic Island (S&S Properties PTY LTD) accepts no liability for inaccuracies or omissions.
Property History for 77/61-79 Mandalay Ave, Nelly Bay, QLD 4819
- 16 Oct 2025Sold for $130,000
- 06 Aug 2025Listed for Sale OFFERS OVER $125,000
- 15 Dec 2015Sold for $20,000
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 1,428 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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