Nice Renovated King Studio Unit on Magnetic Island

Unit 160, 61-79 Mandalay Avenue, Nelly Bay, Magnetic Island Queensland 4819

Ideal position at the top of the resort with a lovely outlook overlooking the gardens with its own ground level private covered patio, plus an outdoor setting for outside entertaining.

This ground level king studio unit number 160 is ready to go and there have been upgrades. The bonus is next door is the studio unit number 159 also for sale by the same owners. This one is for sale at $150,000.

Located in a block of 6 units on a 10 acre resort. There are lovely breezes that come from the sea winds and the backdrop of the mountain National Park range. There is an abundance of wildlife wandering around the native gardens.

For a buyer investor it is a perfect set up. It is being sold completely furnished as it's used for holiday bookings. Units in the complex for sale is a strata title and for holiday letting. Owners are allowed use of their units for 90 days per year.

Completely included are many furnishings with top of the line king split bed, large flat screen television, split system air conditioner, ceiling fan, and indoor table and chairs. Within unit 160 is your own galley kitchen, a large two door freezer/refrigerator, microwave, kettle, dishes, cups, glassware, and cutlery. The linen is hired for holiday bookings. The bathroom is seperate with shower, toilet, and vanity.

Long term rental and permanent living is not permitted. There is a body corporate levy payable each quarter (October 2026 $2386.94) and the Townsville City Council Rates every 6 months (September 2026 2430.86 includes water usage), billable direct to each owner. Electricity and Internet are paid by the Resort.

Within the resort, there is plenty to enjoy including in-ground magnesium Olympic size swimming pool, tennis court, children's playground, garden setting for weddings, and functions, separate BBQ area. There is a separate laundry room with washing machines and dryer. At the front of the resort is a reception area and at the rear of the resort is a licensed restaurant. There is off street parking for guests and visitors located outside the reception area.

Investing and buying a unit here within the Nelly Bay suburb offers many amenities. Everything is close by and walking distance to shops, cafes, boating, swimming, bank, post office and medical centres. Magnetic Island is just a short 25 minute ferry ride from Townsville with the Sealink Passenger catamaran which runs continuously.