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Back 3/42 Yates St
Off Market

3/42 Yates St

Nelly Bay QLD 4819

1
1
1
70 m²
Unit
Last sold for $385,000
Alex StrensAlex Strens, last sold this property on 28 August 2025 after 68 days on market.

Overview

Rare opportunity to purchase at 'Canopy'

'Canopy' villas are very tightly held so this is a rare opportunity to buy in to this boutique complex of 13 villas set around a resort-style pool. Low body corp fees are one of the big benefits of this complex - approx $4550 p.a. and with council rates approx $3470 p.a. including water, the annual outgoings are very low in comparison to many other units. The property is ideally located just a short stroll to Nelly Bay beach, shops, cafes and restaurants. Offered furnished with quality furniture and pull-out lounge beds, you can move straight in or let out, the choice is yours. This unit would make an ideal weekender, winter escape, first home or could be let long-term at approx $375 per week for a steady income. The unit has a lovely covered deck overlooking the gardens and pool which has been enclosed with Crimsafe screens making another room, adding privacy and security yet still feeling like an open deck. Sliding doors from the deck bring you into the open-plan living area with a double height A-frame ceiling providing a spacious feel. The kitchen is fully equipped with electric cooktop, oven and dishwasher and the dining area fits nicely between the lounge and kitchen. The bathroom has a shower over the bath, vanity, linen closet and separate toilet and laundry. A cupboard under the stairs is perfect for locking up personal belongings if you choose to holiday let when you are not there. Upstairs, there is a spacious air-conditioned mezzanine master bedroom with polished wood floors, wardrobe and surrounded by louvre windows making it lovely and cool all year round. Contact Alex to arrange a private inspection by appointment. Property Code: 1678

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
70 m² floor area
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Nelly Bay over the last 12 months, the estimated median property value of 3/42 Yates St is $367.5k.

Median value
$367.5k
Estimated value range
$322k - $400k
Median days on market
97
Estimated value trend
4%
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 3/42 Yates St

2025
Sold
$385,000
28 Aug 2025 by Alex Strens, of Best of Magnetic Real Estate
2024
Sold
$360,000
01 May 2024 by Alex Strens, of Best of Magnetic Real Estate
2020
Sold
$185,000
10 Aug 2020 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 1 bedroom units in Nelly Bay

In the last 12 months, 3 one-bedroom units similar to 3/42 Yates St, have been sold.

This represents a 50% increase in one-bedroom units 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
  •  9 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   (53 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 42 local sales across the last 12 months.

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