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Back 17/1 The Cove
Off Market

17/1 The Cove

Nelly Bay QLD 4819

3
2
1
145 m²
Apartment
Last sold for $650,000
Alex StrensAlex Strens, last sold this property on 14 September 2025 after -1 days on market.

Overview

Waterfront Townhouse at 'Beachside'

Rarely do these popular properties in the Magnetic Island Marina come on the market so this is an opportunity not to be missed. On entering the townhouse the open-plan living room flows through to the dining area, kitchen and out to the large covered balcony giving a lovely open feel. The modern kitchen features granite benchtops and plenty of cupboard and bench space and is designed to cater for indoor or outdoor entertaining. This level also has a large lockable store-cupboard, laundry and convenient toilet with handbasin. Upstairs, the spacious master bedroom opens onto a balcony with views over the marina and Coral Sea, and has a large walk-in wardrobe and ensuite bathroom with a luxurious spa bath, shower and his-and-hers vanities. There is plenty of room for everyone with two further bedrooms, both with built-in-wardrobes and inter-connecting removable wall. The main bathroom features a bath tub, separate shower and vanity. The property is fully air-conditioned with ceiling fans throughout to keep everyone comfortable whatever the weather. The complex of just twenty units has a large swimming pool and overlooks the Magnetic Marina, handy to the ferry terminal, transport, shops & restaurants, making them ideal to live in or let out, either as a holiday or permanent rental. Property Code: 1711

Features

3 bedrooms
2 bathrooms
1 carspace
1 carport space
145 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Nelly Bay over the last 12 months, the estimated median property value of 17/1 The Cove is $845k.

Median value
$845k
Estimated value range
$615k - $950k
Median days on market
74
Estimated value trend
36%
increase 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 17/1 The Cove

2025
Sold
$650,000
14 Sep 2025 by Alex Strens, of Best of Magnetic Real Estate
2019
Sold
$360,000
18 Mar 2019 by Alex Strens, of Best of Magnetic Real Estate

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 3 bedroom apartments in Nelly Bay

In the last 12 months, 8 three-bedroom apartments similar to 17/1 The Cove, have been sold.

This represents a 60% decrease in three-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Nelly Bay

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MaryAnne Law

Sellers who recommend MaryAnne Law have praised them for being clear communication, local expert, responsive, friendly, supportive, honest and reliable

  •   4.9   (133 reviews)
  •  8 Reviews in Nelly Bay
  •  8 Sales in Nelly Bay
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Warren Heath

Warren Heath is a recommended agent for Nelly Bay.  They have 7 local sales and collected 3 local reviews across the last 12 months.

  •   5   (10 reviews)
  •  3 Reviews in Nelly Bay
  •  7 Sales in Nelly Bay
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Kym Wilson

Sellers who recommend Kym Wilson have praised them for being clear communication, well-prepared, easy to work with, local expert, honest, supportive and stress-free process

  •   5   (54 reviews)
  •  1 Review in Nelly Bay
  •  2 Sales in Nelly Bay
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Alex Strens

Alex Strens is a recommended agent for Nelly Bay.  They have 40 local sales across the last 12 months.

  •   5   (23 reviews)
  •  40 Sales in Nelly Bay
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