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Off Market

33/61-79 Mandalay Avenue

Nelly Bay QLD 4819

1
1
42 m²
42 m²
Studio
Last sold for $103,500
Jackie MaleJackie Male, last sold this property on 29 March 2026 after 235 days on market.

Overview

Island Investment Opportunity - Studio Unit 33, 61-79 Mandalay Avenue, Nelly Bay

Perfectly positioned in Nelly Bay, this fully furnished studio unit is a true set-and-forget opportunity. Everything is included in the sale, allowing you to start earning from short-term or holiday accommodation immediately. With the bus stop at your door, island amenities close by and Magnetic Island's relaxed lifestyle on offer, this is an ideal investment, weekend escape or holiday rental in a sought-after tropical setting. Close proximity to the ferry terminal, cafes, shops and beaches, the location couldn't be more convenient. Property Features: • Stylish studio apartment • Air-conditioned, light-filled and low-maintenance • Resort-style complex with pool and tropical gardens • Strong short-stay rental potential with high occupancy rates • Close to ferry terminal, cafes, shops and beaches • Ideal for investors, holidaymakers or short-term rentals Price reduced to $103,500 More than an investment - it's a Magnetic Island lifestyle Magnetic Island is home to 23 stunning beaches, picturesque hiking trails, and a unique blend of natural beauty and relaxed island living - all just a short trip from the mainland. Whether you're looking for your next getaway, an investment opportunity, or both - Unit 33 delivers location, lifestyle, and long-term potential. Contact Jackie Male on 0428 462 451 or Steve Leaumont on 0499 500 032 to arrange your private inspection or request more information. Disclaimer: All interested parties are encouraged to conduct their own investigations to confirm the accuracy of the information provided. Images may include file photos and may not reflect current property presentation. Raine & Horne Magnetic Island (S&S Properties PTY LTD) accepts no liability for any discrepancies or omissions.

Features

1 bedroom
1 bathroom
42 m² floor area
42 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 33/61-79 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 33/61-79 Mandalay Avenue

2026
Sold
$103,500
29 Mar 2026 by Jackie Male, of Raine & Horne Townsville
2021
Sold
$35,000
14 Dec 2021 by MaryAnne Law, of Ray White Townsville
2020
Sold
Undisclosed
30 Aug 2020 by MaryAnne Law, of Ray White 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 33/61-79 Mandalay Avenue, have been sold.

This represents a 300% decrease in one-bedroom studios 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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