80 Mandalay Ave

Nelly Bay QLD 4819

1000 m²

House

Currently for sale - view listing

Overview

Dual-living with pool & bush outlook

This versatile dual-living property offers the perfect blend of character, comfort, and strong rental returns - ideal for investors or homeowners seeking additional income and space. The main residence features three well-proportioned bedrooms and two bathrooms, including a private master suite complete with ensuite and built-in robe. Bedroom two is huge and also includes a built-in robe, while the home’s charm shines through its character-filled design. Two main living areas are separated by the central kitchen and allow for you to decide how to use the spaces, both light-filled with high raked ceilings and looking out onto the pool and to the rear opening out to the covered patio, creating an inviting space to relax or entertain. Comfort is assured year-round with split system air conditioning throughout both the main house and studio. The home also includes a practical internal laundry with direct outdoor access for added convenience. Step outside to enjoy a near-new swimming pool, perfect for tropical island living, along with a generous yard featuring an enclosed veggie patch and a handy garden shed. Adding outstanding value is the fully council-approved, modern one-bedroom studio. Complete with its own bathroom and split system air conditioning, it offers excellent flexibility—ideal as private guest accommodation, a home office, or a steady income stream. Current Rental Income: Main house: $750 per week (lease to 30/08/2026) Studio: $350 per week Total: $1,100 per week Whether you're looking to invest or occupy while generating income, this unique property presents a rare opportunity to secure dual living with immediate returns and future potential. Nelly Bay is home to the island’s main ferry terminal, providing easy connections to the mainland, as well as a local primary school, supermarkets, and medical centres, ensuring everyday living is both comfortable and well-connected. Contact Alex or Keane today for more information or if you would like to schedule an inspection. This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary. Property Code: 1776