The bargain island escape off Townsville in desperate need of a reno rescue
This sprawling island waterfront property has a house, guest accommodation, a shed and priceless views.
And it could be yours for the price of average house in a capital city.
But there is a catch. A big one. It needs some work. A lot of work.
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An entire QLD island for the price of a Sydney home? Seriously!
The house needs some work
Located at Lot 151 Cockle Bay Drive, the 1.3 acre property is at Cockle Bay on Magnetic Island, and has sea views across to Townsville’s iconic Castle Hill.
Cockle Bay is home to vacant land, mostly owned by the state government, and a few private homes, according to RP Data.
Access is via a dirt road or boat, making it the ultimate escape from the rat race.
Cockle Bay
It is also a short paddle through the calm blue waters to the historic SS City of Adelaide shipwreck, a passenger steam ship that launched from Scotland in 1863, was later converted into a cargo transport ship and then was gutted by fire in 1912 before being run aground at Cockle Bay in 1913.
Today, the “Insta-famous” shipwreck is still visible but has been reclaimed by mangroves and sealife, making it a popular photo spot for social media influencers and tourists.
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A photograph taken by Magnetic Island Tourism of the shipwreck of SS City of Adelaide was the most liked snap on Instagram in 2018. Source: Townsville North Queensland
The kitchen
Inside is, well …
It is being sold freehold by the State of Queensland, and is listed for sale by tender with Best of Magnetic Real Estate agent Alex Strens.
And what would have been an awesome spot for swim back in its heyday!
The tender closes at 4pm on January 22.