Under Offer 23/04/2024
Under Offer
24 Warboys Street, Nelly Bay QLD 4819
House
21
Block size: 2832 m² approx.
Prime Development Opportunity on Magnetic Island
Phone enquiries - please quote property ID 33207.
Discover the unparalleled beauty and potential of Magnetic Island, renowned for its stunning natural environment characterized by towering granite boulders, majestic hoop pines, pristine sandy beaches, and vibrant coral reefs. Nestled within this idyllic setting lies a rare geman expansive 2833-square-meter block boasting Tourist Core/Mixed Residential Zoning.
Strategically positioned just one street away from the renowned Nelly Bay Beach and the picturesque Esplanade, this centrally located property presents an unparalleled opportunity for development. Currently gracing the land is a two-bedroom house, providing a steady rental income stream while awaiting its transformation into a spectacular island development.
Not only will you be purchasing the unparalleled beauty and potential that is Magnetic Island. You will also be purchasing a piece of History. Property has been in our family since before 1939. Our grandfather and his brothers built the cottage in the old photos. Later during WW2, it became a radio hut for the army defences on Magnetic Island, these are still a popular must-see for visitors as the forts and gun batteries have a commanding view of Cleveland Bay. When we were growing up both sides of the family spent time staying at the cottage with our grandparents, fishing, playing on the beach, and swimming. Gumtreevilla as it became known has survived many cyclones the worst Althea back in 1972. When our grandparents passed away, Gumtreevilla became a sanctuary for people to live while they rebuilt their lives.
Key Features:
- Large 2833-square-meter block with Tourist Core/Mixed Residential Zoning
- Centrally located, just one street from Nelly Bay Beach and the Esplanade
- Two-bedroom house currently on the property, providing rental income
- Ideal location for a lucrative island development project
- Unbeatable value at this price pointan absolute bargain!
Nearby Schools:
- Magnetic Island State School
Address: 17 Bottiger Street, Nelly Bay QLD 4819
Distance: 0.5km
Don't miss out on this extraordinary opportunity to capitalize on the allure and potential of Magnetic Island. Contact us today to explore the endless possibilities that await with this prime development site.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
Features include: Pet Friendly,Broadband,Fully Fenced
Discover the unparalleled beauty and potential of Magnetic Island, renowned for its stunning natural environment characterized by towering granite boulders, majestic hoop pines, pristine sandy beaches, and vibrant coral reefs. Nestled within this idyllic setting lies a rare geman expansive 2833-square-meter block boasting Tourist Core/Mixed Residential Zoning.
Strategically positioned just one street away from the renowned Nelly Bay Beach and the picturesque Esplanade, this centrally located property presents an unparalleled opportunity for development. Currently gracing the land is a two-bedroom house, providing a steady rental income stream while awaiting its transformation into a spectacular island development.
Not only will you be purchasing the unparalleled beauty and potential that is Magnetic Island. You will also be purchasing a piece of History. Property has been in our family since before 1939. Our grandfather and his brothers built the cottage in the old photos. Later during WW2, it became a radio hut for the army defences on Magnetic Island, these are still a popular must-see for visitors as the forts and gun batteries have a commanding view of Cleveland Bay. When we were growing up both sides of the family spent time staying at the cottage with our grandparents, fishing, playing on the beach, and swimming. Gumtreevilla as it became known has survived many cyclones the worst Althea back in 1972. When our grandparents passed away, Gumtreevilla became a sanctuary for people to live while they rebuilt their lives.
Key Features:
- Large 2833-square-meter block with Tourist Core/Mixed Residential Zoning
- Centrally located, just one street from Nelly Bay Beach and the Esplanade
- Two-bedroom house currently on the property, providing rental income
- Ideal location for a lucrative island development project
- Unbeatable value at this price pointan absolute bargain!
Nearby Schools:
- Magnetic Island State School
Address: 17 Bottiger Street, Nelly Bay QLD 4819
Distance: 0.5km
Don't miss out on this extraordinary opportunity to capitalize on the allure and potential of Magnetic Island. Contact us today to explore the endless possibilities that await with this prime development site.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
Features include: Pet Friendly,Broadband,Fully Fenced
Inspections
No open inspections scheduled.
Send an enquiry
Contact No Agent Property - QLD to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
2
Bathrooms:
1
Property type:
House
Block Size:
2832 m²*
Other Details
Legal description:
26/N3559
Maps and area information
Block information
Block size: 2832m² (approx)
Legal description: 26/N3559
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Nearby sales
Looking to compare sales prices?
We found 5 houses with 2 bedrooms that just sold near 24 Warboys Street Nelly Bay
Property history
We couldn't find any history for this property.
See Nelly Bay's suburb profile
Nelly Bay suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
57 years
Population
1,213
Listing ID: 182411180. This listing has been viewed 2 times. It was first displayed on 30/03/2024 and last updated on 23/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.