24/61-79 Mandalay Avenue, Nelly Bay, Qld 4819

Offers over $149,000

House
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Published on Monday, May 25, 2026 ( See property details for 24/61-79 Mandalay Avenue, Nelly Bay, Qld 4819)

Offers over $149,000

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A fully furnished, income-producing holiday studio in a tropical resort on Magnetic Island, offering lifestyle and investment opportunities.

🏑 Property Highlights

  • Prime location on Magnetic Island, just 20 minutes from Townsville
  • Self-contained studio with kitchenette and private bathroom
  • Part of a premium 10-acre resort with saltwater pools and amenities
  • Proven short-term letting performance with high occupancy rates
  • Flexible ownership options including participation in the letting pool or self-management
  • Ideal for families, couples, or small groups with sleeping capacity for up to 5

✨ Key Features

  • Air Conditioning
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
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24/61-79 Mandalay Avenue
Nelly Bay, QLD 4819
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24/61-79 Mandalay Avenue — Vertical Aerial  •  Nelly Bay, QLD 4819  •  Nearmap © 2026

Magnetic Island offers a stunning tropical paradise with pristine beaches, national park walking trails, and a vibrant community. Its relaxed lifestyle, scenic beauty, and proximity to Townsville make it a highly desirable destination. The island features a range of amenities, outdoor activities, and a welcoming atmosphere perfect for both holidaymakers and residents. With ongoing growth and development, Magnetic Island remains a top choice for investment and lifestyle buyers. Key points include its World Heritage listing, natural attractions, and strong tourism appeal.

Can I use the property for personal holidays?
Yes, owners can block out dates for their own getaways and enjoy the tropical lifestyle on Magnetic Island.
What amenities are available at the resort?
The resort features magnesium saltwater swimming pools, tennis courts, a children's playground, BBQ areas, an on-site restaurant and bar, and expansive lawns.
Is the property suitable for short-term rental income?
Absolutely, the unit is eligible for the resort's professional letting pool, with proven occupancy rates and strong seasonal returns.
Can I manage the bookings myself?
Yes, owners have the flexibility to participate in the letting pool or self-manage via platforms like Airbnb or Booking.com.
What is the approximate body corporate rate?
The annual body corporate rates are approximately $12,400.93.
Are there any upcoming planned developments or construction nearby that could affect the property? What are the specific strata or body corporate regulations and fees? Are there any easements, zoning restrictions, or planning permissions I should be aware of? Is the property located in a flood or bushfire-prone area? Are there any known defects or maintenance issues with the property or resort facilities? What are the long-term occupancy and income projections based on current bookings? Are there any additional costs beyond body corporate fees, such as council rates or special levies? Has the property been recently renovated or updated to meet current standards? Are there any restrictions on personal use or rental income that I should be aware of? Is there any ongoing or upcoming maintenance or upgrade work planned for the resort?

24/61-79 Mandalay Avenue, Nelly Bay, Qld 4819 - More Details

Offers over $149,000

Type
House
Bedrooms
1
Bathrooms
1
Parkings
1

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