Queen Studio Apartment on Magnetic Island

Unit 120, 61-79 Mandalay Avenue, Nelly Bay, Magnetic Island Queensland 4819

Perfect position 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 queen studio unit number 120 is ready to go and completely furnished.

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 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 queen bed, large flat screen television, air conditioner, ceiling fan, and indoor table and chairs. Within unit 120 is your own galley kitchen, a two door freezer/refrigerator, microwave, kettle, dishes, cups, glassware, and cutlery. The linen is hired for holiday bookings.

Long term rental and permanent living is not permitted. There is a body corporate levy payable each quarter (Oct 2026 $2386.94) and the Townsville City Council Rates every 6 months (Sept 2026 $2430.38 includes Water usage). Billable direct to each owner. This unit is currently tenanted for 3 months. Electricity and Internet is paid by Resort.

Within the resort, there is plenty to enjoy including inground 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 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.