OFF MARKET

22 Mccabe Crescent
Arcadia QLD 4819

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 832m2
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Property Details for 22 Mccabe Cres, Arcadia

22 Mccabe Cres, Arcadia is a 1 bedroom, 1 bathroom House. The property has a land size of 832m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Land Size
832m2
Local Government
Townsville City
Lot/Plan
2/RP719598

Last Listing description (December 2024)

This venue located centrally in Arcadia on Magnetic Island in the hub of the tourist destination is where you will find a great opportunity to not only build your own catering business but build an amazing lifestyle for you and your family.

The venue lends itself to many possibilities, there is a big demand for a evening restaurant in Arcadia you could really stand out as a destination restaurant, adding to this is also a great location for private functions for example weddings and special occasion bookings, on a smaller scale a Caf offering breakfasts and lunches or Coffee shop fit for locals & tourists could see this location shine i.e. caf through the day and transition to restaurant at night, multiple offerings and a greater income potential.

This freehold building has been designed and built to high standards fully Council approved with life on a tropical Island in mind, a very cool shaded deck catching the breeze. The stairs are built to withstand over 50 people for group photos. There is a state-of-the-art toilet system and wheelchair friendly ramp built fully to specifications, the entire property is disable access compliant. The business is currently run by the owners as a tearoom but as they are semi-retired it is currently not trading to its full potential and could be highly rewarding to an astute owner operator.

Key Features
Perfect central location, located directly between the ferry terminal and the northern aspect of the Island
Relaxed family style dining location.
1012m2 block.
Set amongst relaxing tropical gardens with exotic plants under the shade of Tamarind trees.
Quality fit out and fully equipped kitchen.
Supplies delivered weekly by catering suppliers from the mainland.
Caf servery and separate Bar servery.
Previously held a caf Liquor licence easily renewable.
3 car onsite parking including a disabled park and street parking available.
Availability of a great local customer base and tourist trade.
Closely located on the Island bus route.
Opportunity for future growth.

Magnetic Island offers a great relaxed lifestyle with all necessary facilities available, medical clinics, chemist, primary school, supermarkets, water sports and boat ramps for the boating enthusiast. Travel to and from Townsville on the mainland can be by car ferry or passenger ferry a 20-minute trip.

This venue would suit a couple, a family looking for a sea change or an astute business owner to realise the opportunity potential.
If you are looking to secure an exceptionally well-located hospitality venue - look no further.

For more information or to book an inspection call MaryAnne today.

Property History for 22 Mccabe Cres, Arcadia, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$522,500
23 Oct 2020
  • 10 Dec 2024
    Listed for Sale $675,000
  • 14 Jun 2022
    Listed for Sale $675,000
  • 23 Oct 2020
    Sold for $522,500
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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 392 properties. Over the last 5 years, Houses in Arcadia have seen a 72.41% increase in median value, while Units have seen a 192.83% increase. As at 30 November 2024:

  • The median value for Houses in Arcadia is $583,730 while the median value for Units is $399,155.
  • Houses have a median rent of $300 while Units have a median rent of $300.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Arcadia on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Arcadia.

Suburb Insights for Arcadia 4819

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.