Raine & Horne Magnetic Island
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59/61-79 Mandalay Avenue, Nelly Bay, QLD 4819
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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.

Steve Leaumont
Principal
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Property Info:
- Property ID: L33897767
- Property Type:Apartment
- Garages:1
- Land Area:34 sqm
We Know Your Area

R&H Suburb Summary | Houses |
---|---|
Number of sales | 36 |
Average Price | $624,764 |
Median Price | $627,500 |
Median Rental Price | $570 p.w. |
Change in Rental Rate (5yr) | 52 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 50 |
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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