FOR SALE
$395,000

1/5 Cook Road
Arcadia QLD 4819

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
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So close to beautiful Alma Bay

'Balandool' is just around the corner from Alma Bay, yet tucked away up a quiet no-through road. The complex is a quiet residential block of just 6 units with low outgoings (body corp is approx $4000 p.a. and rates approx $2500 p.a.) making it ideal for an owner occupier or winter escapees from the south!
The unit is in fairly original condition and would benefit from an update. The first floor unit opens off the stairwell landing into the living area which is well lit and opens onto a small balcony. The hallway leads to the two bedrooms, both with built-in wardrobes and the main opening onto a balcony and featuring split system air con.
There's room in the hallway off which comes the toilet and bathroom to reconfigure if desired. The laundry is currently downstairs in a private store room where you can leave all those extra you don't want in the unit.
Contact Alex to arrange a 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: 1610

Property Details for 1/5 Cook Rd, Arcadia

1/5 Cook Rd, Arcadia is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 110m2. The place is currently for sale with Best of Magnetic Real Estate - MAGNETIC ISLAND.

Building Type
Unit
Floor Size
110m2

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About Arcadia 4819

The size of Arcadia is approximately 5.8 square kilometres. It has 2 parks covering nearly 62.4% of total area. The population of Arcadia in 2011 was 237 people. By 2016 the population was 253 showing a population growth of 6.8% in the area during that time. The predominant age group in Arcadia is 60-69 years. Households in Arcadia are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Arcadia work in a professional occupation. In 2011, 47.5% of the homes in Arcadia were owner-occupied compared with 50.7% in 2016.

Arcadia has 390 properties. Over the last 5 years, Houses in Arcadia have seen a 71.43% increase in median value, while Units have seen a 115.72% increase. As at 30 September 2024:

  • The median value for Houses in Arcadia is $547,171 while the median value for Units is $386,167.
  • Houses have a median rent of $300 while Units have a median rent of $300.
There are currently 8 properties listed for sale, and 1 property listed for rent in Arcadia on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Arcadia.

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Alex Strens
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Best of Magnetic Real Estate - MAGNETIC ISLAND
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