Welcome to Magnetic Island and to this beautiful positioned studio Unit 103 at 61-79 Mandalay Avenue now for sale within a large 10 acre resort in the suburb of popular Nelly Bay. Sit back and enjoy income with your new investment.
A rare find whether you are looking for your own holiday getaway of lifestyle to enjoy with piece of tropical island ownership as strata title freehold. Smart investing and a passive rental income stream, it is all here and not to be missed.
Fully self contained with low maintenance design with all furniture, appliances including air conditioner, fan, television, fridge, kitchenette, wardrobe, separate tiled bathroom with shower offering modern conveniences living all set up for your guests, short stay accommodation here in North Queensland on Magnetic Island, with over 70 percent National Park.
The resort offers, native gardens, large tropical swimming pool, tennis courts, bbq area, laundry facilities, onsite parking, playground for children, and a restaurant for convenience.
Located off the coast of Townsville with just a 25 minute passenger ferry Sealink service with multiple trips from 6 am onwards to evening almost every hour.
Magnetic Island is unique with it 23 beaches, boating and marina facilities plus hiking trails, grocery stores, medical centre, restaurants, pubs, bank and post office.
The bus transport service is convenient and affordable taking you to all the other bays throughout the island.
This unit has been rented out as short 3 month holiday stay and can easily be changed over to nightly stays with the currently letting agency Hotel Group.
Outgoings:
The Body Corporate levies are approximately: $2,386.00 for period 1 Oct 2026 to 31 December 2026. Includes all electricy used in the unit and building insurance, gardens, pool maintenance.
The Townsville City Council Rates are approximately: $2,181.00 for period 1 January 2026 to 30 June 2026.
There is a minimum 24 hour notice for inspections in person due to occupancy of guests/tenants. Up to 3 month short term rentals can demand $350 per week or higher depending on number of guests and duration of stay.
Disclaimer. You are advised that you should conduct your own due diligence and not rely on this information, including but not limited to, the property area, photos, floor size, price, address and general property description on the Website. The information has been provided to us by third parties and is published as a convenience to you. We accept no liability whatsoever in connection with the information published.
More information is available, just contact local island agent in Nelly Bay:
Pamela Chambers at Beachfront Realty Magnetic Island on Mobile 0418 543 054.
Locally owned real estate agent and resident of Magnetic Island for over 18 years.
