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Off Market

77/61 Mandalay Avenue

Nelly Bay QLD 4819

1
1
40 m²
40 m²
Studio
Last sold for $130,000
Jackie MaleJackie Male, last sold this property on 20 October 2025 after 75 days on market.

Overview

Charming Coastal Retreat in Nelly Bay - Your Perfect Getaway

Raine & Horne Magnetic Island, in partnership with Steve Leaumont, proudly presents Studio Unit 77 at 61-79 Mandalay Avenue - a beautiful holiday retreat nestled in the heart of Nelly Bay on stunning Magnetic Island. Just a 20-minute ferry ride from Townsville, North Queensland's bustling commercial centre, this property offers a rare combination of lifestyle and investment potential - where resort-style living meets smart buying. Whether you're after a peaceful weekend escape, a tropical hideaway, or a reliable passive income stream, this unit ticks every box. Picture yourself relaxing beside the sparkling pool, surrounded by lush gardens, where the stress of everyday life simply fades away. This isn't just a holiday spot - it's a lifestyle choice. And when you're not soaking up the sun or discovering the island's natural beauty, let the property generate income through holiday rentals. Its low-maintenance appeal and high guest demand make it a perfect 'set-and-forget' investment opportunity for savvy buyers. Magnetic Island is truly unique - home to 23 beaches, scenic hiking trails, and a relaxed island atmosphere. Here's your chance to secure a slice of paradise at an affordable price, with all the convenience of mainland access close by. Don't miss your opportunity to own this income-producing island gem. With resort-style living, strong rental potential, and the unbeatable Magnetic Island lifestyle, everything you're looking for is right here. For further details or to arrange a viewing, contact Steve Leaumont on 0499 500 032 or Jackie Male on 0428 462 451. --- 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.

Features

1 bedroom
1 bathroom
40 m² floor area
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 77/61 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 77/61 Mandalay Avenue

2025
Sold
$130,000
20 Oct 2025 by Jackie Male, 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 77/61 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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