8 Wansfell StreetPicnic Bay QLD 4819
Property Details for 8 Wansfell St, Picnic Bay
8 Wansfell St, Picnic Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 802m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in July 2013.
Last Listing description (February 2026)
A rare exciting dual-living Magnetic Island property offering privacy, lifestyle, income and future growth-twice the opportunity in one tightly held coastal location.
Positioned on a quiet and peaceful corner block just minutes from the beach, the duplex has been thoughtfully configured, with a double carport and storerooms positioned between both residences, creating excellent separation, privacy and practical storage.
Importantly, the building itself is located toward one end of the generous corner block, leaving valuable space available for future improvement, extension or reconfiguration (STCA).
Each residence offers two bedrooms, open-plan living, a bathroom and internal laundry- Both enjoy the benefits of solar power.
UNIT 1 PRIVATE RESORT STYLE RETREAT
Fully airconditioned with split systems
Backyard is fully fenced for privacy and security
Magnesium swimming pool (recently built with solar heating)
Large pool enclosure offers space for outdoor dining and poolside lounging
Shaded private verandah overlooking the pool
UNIT 2 - A CALMING SPACIOUS OASIS
Fully airconditioned with split systems
Spacious front verandah with adjustable louvres capture cool island breezes and add privacy
Spacious open plan living
Currently tenanted, delivering immediate income
Lovely front garden and outlook
LOCATION HIGHLIGHTS
Just minutes to Picnic Bay, with its iconic jetty, cafs, beachfront restaurants and seasonal swimming enclosure
Bus stop closeby for easy access to other island bays, supermarket and ferry terminal
Golf enthusiasts will love the highly regarded Magnetic Island Golf Course located in Picnic Bay
Area is beautifully surrounded by established greenery birdlife is in abundance
FUTURE POTENTIAL DESIGNED FOR FLEXIBILITY
Renovate, expand or reconfigure to suit lifestyle, family or income needs (STCA).
Allocate the double carport exclusively to Unit 1, enhancing owner-occupier appeal
Renovate and expand Unit 2, with potential to add a third bedroom, garage or re-configured living spaces (STCA)
Create a spacious family home with a separate self-contained flat-perfect for extended family, guests or income generation
This adaptability is increasingly rare on Magnetic Island and adds significant long-term value.
Inspection welcome by appointment.
Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly, all interested parties should make their own enquiries and obtain their own legal advice.
Property History for 8 Wansfell St, Picnic Bay, QLD 4819
- 12 Dec 2025Listed for Sale Offers over $940,000
- 09 Oct 2023Listed for Sale Not Disclosed
- 19 Jul 2013Sold for $297,500
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About Picnic Bay 4819
The size of Picnic Bay is approximately 4.1 square kilometres. There are 5 parks, covering nearly 77.8% of the total area. The population of Picnic Bay in 2016 was 291 people. By 2021 the population was 367 showing a population growth of 26.1% in the area during that time. The predominant age group in Picnic Bay is 60-69 years. Households in Picnic Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Picnic Bay work in a professional occupation.In 2021, 60.10% of the homes in Picnic Bay were owner-occupied compared with 50.30% in 2016.
Picnic Bay has 382 properties. Over the last 5 years, Houses in Picnic Bay have seen a 115.16% increase in median value, while Units have seen a 35.83% increase. As at 30 April 2026:
- The median value for Houses in Picnic Bay is $733,974 while the median value for Units is $576,711.
- Houses have a median rent of $303 while Units have a median rent of $250.
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