1/6 Terrace Place "Water's Edge", Nelly BayQLD 4819

Apartment · 3 bed · 2 bath · 1 car

$995,000

Listing detail

1/6 Terrace Place "Water's Edge", Nelly Bay — photo 1 of 5
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1/6 Terrace Place "Water's Edge", Nelly Bay

Listing data updated 13 July 2026

3 bed2 bath1 car
  • Offering expansive water views over the marina, Nelly Bay beach and across the glistening blue waters of the Coral Sea to the mainland, the outlook is breathtaking from every angle. Water’s Edge is an exclusive complex of just four townhouses, perfectly positioned on the corner of the protected Magnetic Island Marina. Designed to embrace the spectacular waterfront setting, the upper level is dedicated to open-plan living where polished timber floors, soaring cathedral ceilings and walls of bi-fold doors create an incredible sense of light and space. Two covered decks extend seamlessly from this level - one flowing directly from the kitchen and the other from the living area - allowing for effortless indoor-outdoor entertaining and capturing cooling sea breezes and uninterrupted marina, beach, island & sea views. The property feels more like a private home than an apartment, showcasing quality finishes throughout. The spacious entertainer’s kitchen features an abundance of cupboards and drawers, walk-in pantry, granite benchtops and a breakfast bar, all perfectly positioned to connect with both the living area and back deck. Downstairs, the master suite offers a generous bedroom with water views opening onto a covered deck where you can enjoy spectacular sunrises over the water. The luxurious ensuite, complete with spa bath, double rainhead showers, double vanity and large walk-in wardrobe, reinforces the home’s premium feel. Two additional bedrooms with built-in wardrobes, along with the family bathroom, separate WC and laundry, are also located on this level. A convenient powder room services the upstairs living area. Fully air-conditioned with split systems and complete with a lock-up garage with direct access to the townhouse, this exceptional residence offers every comfort. Residents also enjoy access to the complex pool, while restaurants, shops, the beach, boat ramp and everyday conveniences are all just a short stroll away. Body corporate fees approximately $10,600 p.a.; rates approximately $4,300 p.a. including water (lower rates may apply for owner occupiers). Contact Alex & Keane today to arrange your private inspection by appointment. This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary. Property Code: 1768

RealistIQ deal score

Watch value signal

63

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 1/6 Terrace Place "Water's Edge", Nelly Bay before you inspect or make an offer.

Independent price check

Estimate vs market price guide

Market price guide is $132,000 below RealistIQ estimate

Use this as a second opinion and check the comparable sales below.

RealistIQ estimate range: $878,000 - $1,375,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,127,000
Market price guide$995,000
$878,000$1,375,000

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Property features

Features detected from the listing details.

Comfort

Air conditioningEnsuiteBathFloorboardsBuilt-in wardrobes

Kitchen & utilities

Internal laundry

Outdoor & building

Swimming poolBalcony / deck

Security & access

Secure parking

Listing details

Status
$995,000

Agent and agency

Contact

Alex Strens

Agency

Best Of Magnetic Real Estate - Magnetic Island

External listing
larger land

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