Back 141/61 Mandalay Avenue
Off Market

141/61 Mandalay Avenue

Nelly Bay QLD 4819

1
1
40 m²
Studio
Last sold for $132,500
Steve LeaumontSteve Leaumont, last sold this property on 18 February 2026 after 13 days on market.

Overview

Modern Island Living in a Prime Nelly Bay Location

Raine & Horne Magnetic Island, in proud partnership with Steve Leaumont and Scarlett Stinton, is delighted to present an exceptional opportunity in the heart of Magnetic Island's highly sought-after Nelly Bay precinct - welcome to 141/61-79 Mandalay Avenue. Set within the well-known Mandalay complex in Nelly Bay, Magnetic Island, this neatly updated studio apartment offers a smart, low-maintenance lifestyle in one of the island's most convenient locations. The apartment has been tastefully updated with a fresh, minimalist finish designed for durability and broad guest appeal. The open-plan layout offers a comfortable and functional space, complemented by a contemporary kitchenette and a well-appointed bathroom. Neutral tones, timber accents and simple styling create a relaxed setting well suited to short-term accommodation. Ideal as a holiday base, island retreat or investment opportunity, this apartment presents an easy-care option close to everything Nelly Bay has to offer. Features you'll love: - Light-filled open-plan studio with a modern, minimalist design - Contemporary kitchenette with faux stone benchtops and ample storage - Stylish bathroom with quality fittings and walk-in shower, barn door - Air-conditioning and ceiling fan for year-round comfort - Timber-look flooring and neutral colour palette throughout - Functional sliding door enhancing space and privacy - Positioned within the Mandalay resort-style complex - Short walk to Nelly Bay Marina, ferry terminal, shops and cafés Offering simplicity, location and lifestyle, this is a well-presented opportunity in the heart of Magnetic Island. Contact Steve today on 0499 500 032 or Scarlett on 0400 018 261 to arrange your private inspection. Opportunities like this on Magnetic Island are always in demand - act fast. Disclaimer All parties should rely on their own enquiries to verify the accuracy of the information provided. File photographs may have been taken some time ago. Please conduct your own inspection as the property may have changed since the photographs were taken. Raine & Horne Townsville (S&S Properties Pty Ltd) accepts no liability for any loss due to inaccuracy or omission.

Features

1 bedroom
1 bathroom
40 m² lot size
Studio

Estimated Value

Based on this property and similar 1 bedroom studios sold in Nelly Bay over the last 12 months, the estimated median property value of 141/61 Mandalay Avenue is $118k.

Median value
$118k
Estimated value range
$103.5k - $132.5k
Median days on market
144
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Nelly Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 141/61 Mandalay Avenue

2026
Sold
$132,500
18 Feb 2026 by Steve Leaumont, of Raine & Horne Townsville

Happy sellers in Nelly Bay

54%
54% of sellers in Nelly Bay reported that their sale price either exceeded or met their price expectations.

Nelly Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Nelly Bay over the last 12 months.

Local market activity for 1 bedroom studios in Nelly Bay

In the last 12 months, 3 one-bedroom studios similar to 141/61 Mandalay Avenue, have been sold.

This represents a 300% decrease in one-bedroom studios sales when compared to the previous 12 months.

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