145/61-79 Mandalay Avenue

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About this property

New to being advertised on the market. Look no further to buy... Priced to sell now. ! Currently used as a short stay holiday unit to a single person at $350 a week. With the potential opportunity to let out as short stay up from $350 per week to $500 per week or more. Depending on the number of tenants staying there and the timeframe in which they are staying there. It can vary.. Rentals are in demand on Magnetic Island as there are Xpats and overseas workers who come here to work as it is a tourist destination with heaps of visitors daily throughout the year. Seller will seriously consider a CASH OFFER with 3-4 weeks settlement (ownership) is preferred. Strata Title ownership. You own it and hold the title as it is Freehold here on Magnetic Island. Own your own piece of property at a low price on a tropical island. An old style of unit with 2 beds, including a queen bed that sleeps 2 and a single bed that sleeps 1. is there at this unit. We believe this the lowest price on the market at Amaroo. It is currently in a short term rental. A completely self contained furnished unit included in price: Lounge furniture, bed, television, air conditioner, fridge, table and chairs, curtains, kitchen appliances, dishware, cutlery, glasses. Unit can be used for the owner as a personal holiday getaway as a their own convenience.. up to 90 days through the year. Your option as owner to continue with existing set up, change to Airbnb or rent out yourself. Choice is yours Located on a Tropical Island off the Great Barrier Reef off coast of Townsville, North Queensland. Just a 25 minutes ferry ride to paradise.! A short stroll of 5-10 minutes to the sandy beach at Nelly Bay at the end of the Mandalay Avenue Road. Walking tracks and bush tracks around the corner to venture out for sightseeing of wildlife and nature. It is a end unit at the building complex and offers its own private patio that is covered from the sun and the outlook is onto lovely green gardens. Entertaining area for your friends, guests, and family. Located in Nelly Bay cental to all amenities includes cafes, grocery, bank, medical centre, post office. The resort offers a huge magnesium swimming pool with spa and there is a licensed restaurant onsite "Up the Garden Path" plus a tennis court and BBQ area. Car parking off the road is free and is available at the resort. Body Corporate Levies applicable. All electric power is included in the levies with no extra power bill. Building insurance is included too. The Body Corporate Levies are billed quarterly. $2573 for July to September 2025. Includes building insurance and all electricity for the usage in the unit. No extra power bills. The Townsville City Council Rates are billed every 6 months for January to June 2025 $1644. Property can be viewed with a minimum 24 hour notice for entry. 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, 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 16 years.

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.