128-130 Sooning Street, Nelly Bay, Qld 4819

Offers over $1,500,000

Residential Land
Type
5,249 m²
Area

Published on Thursday, March 26, 2026 ( See property details for 128-130 Sooning Street, Nelly Bay, Qld 4819)

Offers over $1,500,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, large 5,249m² parcel in the heart of Nelly Bay, offering exceptional development and lifestyle opportunities within walking distance to key amenities.

🏡 Property Highlights

  • Expansive 5,249m² allotment offering ample development potential
  • Prime central Nelly Bay location within walking distance to ferry terminal and marina
  • Rare large landholding in a tightly held island market
  • Versatile property suitable for private residence, landbank, or development (STCA)
  • Strong demand with established residential and commercial surrounds
  • Development Zone: Medium Density Residential

✨ Key Features

  • Expansive 5,249m² allotment
  • Central Nelly Bay position within walking distance to ferry terminal & marina
  • Easy access to shops, cafes and everyday amenities
  • Rare large landholding in a tightly held island market
  • Strong underlying demand and established residential and commercial surrounds
  • Development Zone: Medium Density Residential
  • Opportunities of this scale in tightly held Nelly Bay are increasingly rare
  • Positioned just a short stroll to the ferry terminal, marina and local shopping precinct
  • Potential for private island residence, landbank, or development (STCA)
  • Located in a high demand, growth-oriented area

Nelly Bay is the vibrant heart of Magnetic Island, renowned for its stunning waterfront views, convenient access to ferries and marinas, and a thriving community. The area offers a mix of residential and commercial properties, making it ideal for lifestyle buyers and investors alike. With easy proximity to shops, cafes, and natural attractions, Nelly Bay combines relaxed island living with urban convenience. Its strong growth prospects and limited land supply make it a highly sought-after location for future development and lifestyle pursuits.

What are the development possibilities for this land?
The property is zoned Medium Density Residential, allowing for a range of development options subject to council approval, including multi-unit dwellings or a private residence.
Is there potential for future growth in Nelly Bay?
Yes, Magnetic Island continues to grow in popularity, with strong demand for both lifestyle and investment properties, making this an attractive opportunity for future growth.
What amenities are accessible from this location?
The property is within walking distance to the ferry terminal, marina, shops, cafes, and local amenities, providing a convenient island lifestyle.
Are there any restrictions or covenants on the land?
Potential buyers should review local council regulations and zoning restrictions; specific covenants or easements would be detailed in the title search.
What is the condition of the land?
The land is vacant and ready for development, with no existing structures or significant known issues.
Are there any existing easements, covenants, or zoning restrictions that could impact development plans? Has a recent land survey been conducted to confirm boundaries and land size? Are there any known environmental issues or flood risks associated with the property? What are the council requirements and approval processes for development (STCA)? Are there any upcoming planning or infrastructure projects in the area that could affect the property? Is there any history of land contamination or other site-specific issues? What are the ongoing costs or rates associated with this land? Are there any restrictions on building height or design due to local planning policies? Is the land suitable for the type of development I am considering? Are there any existing or planned nearby developments that could impact privacy or views?

128-130 Sooning Street, Nelly Bay, Qld 4819 - More Details

Offers over $1,500,000

Opportunities of this scale in tightly held Nelly Bay are increasingly rare, particularly in such a central and walkable location.

Set across a substantial 5,249m² allotment, 128-130 Sooning Street offers an exceptional chance to secure a large parcel within one of Magnetic Island's most sought after pockets. Positioned just a short stroll to the ferry terminal, marina and local shopping precinct, this property delivers both lifestyle convenience and future potential.

Whether you're looking to build a private island residence, landbank for the future, or explore development opportunities (STCA), this is a versatile offering in a high demand location.

Key Features:
• Expansive 5,249m² allotment
• Central Nelly Bay position within walking distance to ferry terminal & marina
• Easy access to shops, cafes and everyday amenities
• Rare large landholding in a tightly held island market
• Strong underlying demand and established residential and commercial surrounds
• Development Zone: Medium Density Residential

With Magnetic Island continuing to grow in popularity for both lifestyle buyers and investors, this is your chance to secure a significant parcel in the island's main hub.
Type
Residential Land
Area
5,249 m²

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