To enquire, please email or call 1300 815 051 and enter code 2281
If you wanted to be any closer to the ocean you'll have to be on a boat. This 3 bedroom apartment is located on the very private harbor entrance, front corner, ground floor. There are two verandas, with the front having magnificent open ocean views looking directly out over Cleveland Bay and across to the lights of Townsville 6 miles away. The harbor side veranda with it's exclusive use side yard is sheltered from the prevailing SE winds when to windy out the front. It has 180 degree views taking in the ocean, harbor and Mount Cook. The noise from ferries and other vessels is absorbed by the harbor's bolder walls making this a delightful spot to watch passing vessels and enjoy the company of the friendly resident Wallabies. With the side veranda being open to the yard, the wallabies will hop up right next to you to munch on a carrot whilst you enjoy an afternoon beer or wine. The gated, short separating fence between the side and front yards was put in place to keep two Dachshund's away from the neighbors when a permanent residence and can be removed to totally open up the largest private use yard area in the complex. Owners are permitted to keep one pet with a second allowed on request. Catch a fish or crayfish on your doorstep and once a year watch the whales. Stag Horn and other corals make for great snorkeling at the base of the front rock wall on a calm day. The locked harbor entrance side gate in your private yard makes this the only unit in the complex with direct access to the harbor side walkway, providing a far more pleasant 2 minute walk to the ferry terminal, buses, restaurants, shops etc.
Inside this secure gated complex for your use, there's a gym and 4 spectacular pools, one roof top and 3 ocean front. You'll absolutely love Bright Point and Magnetic Island. The video which may not show on all real-estate platforms gives you a 15 minute thorough walk through. To view, search on YouTube "Bright Point apartment 4101, Nelly Bay, Magnetic Island".
This apartment was bought off the plan in 2006 by long term locals recognizing its spectacular location and unique features. Keeping the proximity to the ocean in mind, this and the neighboring apartment, both on the western side of the pool, had absolutely no yard or apartment damage from cyclone Yasi. All Yasi issues experienced elsewhere had extensive measures taken by the BC to limit future repeats. The overhead yard picture was taken by the owner occupier of the apartment above, just after cyclone Kirrily in Febuary 2024, no issues. This apartment was owner occupied for five years before now being casually holiday let on AirBnB and Stayz. You can choose to keep future bookings or have them cancelled, the property is currently holiday rented for $320 per night as only a two bedroom apartment, with the third being locked off for owners storage of frequently used personal property and water sports equipment. You have the ability to also hand launch canoes via the side gate or out front if more adventurous.
Presently averaging around 180 nights occupancy PA, gives an after expenses 5% return on the asking price. If yourselves wanting a higher return you can take less personal use and or sacrifice your own exclusive use of the third bedroom, with plenty of space to build in large storage lockers in the sand room. 3 bedroom apartments in the complex are returning around $500 per night. This apartment is regarded by many of our guests as their best Island stay location and some have said, the best in the whole of NQ. The apartment is being sold furnished less wall pictures, side veranda furniture and a couple of other small personal items, basically ready for uninterrupted holiday letting. This can be managed from a far by local agents or for maximum returns, by yourself through AirBnB or Stayz with a reliable local cleaning company being your eyes and local presence if ever needed at minimal charges.
The nice thing with this property is you can try before you buy to truly appreciate why this is such a spectacular property when making comparisons. Try and you’ll never want to leave.
Lovely fresh sea breezes all year round where the Mozzies and Sandflies don't venture this far out, so no need for fly screens or closing up at dusk. You will love living on the Island, clean healthy air, no crowds, friendly locals, very little traffic, best medical system you'll ever experience and so on. The city is only a twenty minute ferry ride away.
Body corp fees approx $11,500 thru $14,500 p.a. depending on, on site upgrades (Top pool refirb last year) ; council rates approx $3100 p.a. including water.
Motivated seller where all reasonable offers considered.
To enquire, please email or call 1300 815 051 and enter code 2281
