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Back Unit 3/6 Terrace Place
Off Market

Unit 3/6 Terrace Place

Nelly Bay QLD 4819

3
2
1
205 m²
Apartment
Last sold for $925,000
Alex StrensAlex Strens, last sold this property on 08 October 2025 after 15 days on market.

Overview

'Water's Edge' Townhouse with 180 degree water views

Offering expansive water views over the marina, the Nelly Bay beach and across the glistening blue waters of the Coral Sea to the mainland, the views are outstanding from every angle. Water's Edge is a small complex of just four townhouses perched on a corner of the protected Magnetic Island Marina. The upper level is the living area, and the feeling of space abounds here, with beautiful polished wood floors, cathedral ceilings and a wall of bi-fold doors opening onto the large covered deck, making you feel like you are on a cruise ship heading out to sea. The property feels more like a house than an apartment with top quality fittings, the large kitchen has more cupboards and drawers than anyone could fill, granite benchtops, breakfast bar, new large Smeg oven and is the perfect entertainer's kitchen being open to the living areas. Downstairs, the master suite offers a generous bedroom with stunning water views opening onto a large covered deck where you will love watching the sun come up in the morning over the water. The luxurious spa bath in the ensuite reminds you that this apartment is a touch above the rest as does the large walk-in-wardrobe, double rainhead showers and double vanity. Two further king/queen bedrooms, each with built-in-wardrobes, and the family bathroom with adjoining separate WC and laundry are also located downstairs. A handy powder room is also located on the upper living level. Fully air-conditioned, with a lock-up garage, this property offers all you need. There is a pool in the complex and it's just a short walk to numerous restaurants, shops, the beach, boat ramp and just about anything you could need! Body corp fees of $9800 p.a.; rates approx $5170 p.a. including water (if holiday rental, lower for owner occupiers) Call today to arrange a private inspection by appointment - NB inspection availability is limited due to guest bookings therefore please enquire with your full availability in advance where possible. 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: 1712

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
205 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 Unit 3/6 Terrace Place 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 Unit 3/6 Terrace Place

2025
Sold
$925,000
08 Oct 2025 by Alex Strens, of Best of Magnetic Real Estate
2021
Sold
$630,000
26 May 2021 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 Unit 3/6 Terrace Place, 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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