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  • 59/61-79 Mandalay Avenue, NELLY BAY, QLD 4819

59/61-79 Mandalay Avenue, Nelly Bay, QLD 4819

  • 1 Bed
  • 1 Bath
  • 1garages

For Sale

OFFERS OVER $142,000.00

Resort-Style Escape with Income Potential

Raine&Horne Magnetic Island, in collaboration with Steve Leaumont, welcome you to Unit 59 at 61-79 Mandalay Avenue, a charming one-bedroom, one-bathroom renovated holiday retreat located in the heart of Nelly Bay on the beautiful Magnetic Island.

Only a 20-minute ferry ride from Townsville, the corporate hub of North Queensland, this property offers the ultimate blend of lifestyle and opportunity - a rare find where resort-style living meets smart investing.

Whether you're seeking a peaceful weekend escape, a holiday hideaway, or a passive income stream, this unit ticks all the boxes. Imagine lounging by the sparkling pool, surrounded by lush tropical gardens, and letting the everyday stresses melt away. It's not just a getaway - it's a lifestyle.

When you're not basking in the sun or exploring the island's natural wonders, let this property work for you by generating holiday rental income. With its low-maintenance design and high guest appeal, it's an ideal set-and-forget investment for savvy buyers.

Magnetic Island is a destination like no other - boasting 23 beaches, rugged hiking trails, and a laid-back island vibe. This is your chance to own a piece of paradise without the hefty price tag, and still have all the convenience of mainland access at your fingertips.

Don't miss out on this affordable, income-producing island gem. Resort-style relaxation, income potential, and the Magnetic Island lifestyle - it's all here, waiting for you.

Contact Steve Leaumont on 0499 500 032 to book a viewing or for more information.

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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.

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avatar Steve Leaumont
Steve Leaumont
Principal

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Property Info:
  • Property ID: L33897767
  • Property Type:Apartment
  • Garages:1
  • Land Area:34 sqm
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R&H Suburb Profile: Nelly Bay
R&H Suburb SummaryHouses
Number of sales36
Average Price$624,764
Median Price$627,500
Median Rental Price$570 p.w.
Change in Rental Rate (5yr)52 %
R&H Suburb SummaryUnits
Number of sales50
Average Price$379,040
Median Price$432,500
Median Rental Price$455 p.w.
Change in Rental Rate (5yr)28 %
Median Trend - $627,500
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