OFF MARKET

25-27 Olympus Crescent
Arcadia QLD 4819

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 80m2
Land area: 2770m2
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Last updated 16 Dec 2024
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Property Details for 25-27 Olympus Cres, Arcadia

25-27 Olympus Cres, Arcadia is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 2770m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 1998.

Building Type
House
Year Built
1950
Floor Size
80m2
Land Size
2770m2
Local Government
Townsville City
Lot/Plan
111/EP298

Last Listing description (December 2024)

Raine & Horne Magnetic Island, in collaboration with Steve Leaumont, proudly presents an exceptional opportunity to secure a property in one of Magnetic Island's most iconic locations-27 Olympus Crescent, Arcadia.

Nestled on an impressive 1,098m² parcel of land, this 1950-built home exudes charm and potential. While it has stood the test of time, it is now ready for a new owner to reimagine its possibilities and restore it to its full glory.

Key Features:

• Two generously sized bedrooms offering space and comfort
• Open-plan living area, ideal for easy island living
• Recently renovated bathroom, blending modern convenience with classic charm
• Under-home storage, providing practical solutions for your lifestyle needs
• Set on a sprawling 1,098m² block, brimming with potential

The kitchen and roof may require some updates, but the bones of this home offer an incredible canvas for those ready to bring their vision to life.

Perfectly positioned just a short stroll from Alma Bay, the Arcadia Pub, and other local attractions, this property also offers unparalleled convenience-only a 4-minute drive to the ferry terminal, supermarkets, and the amenities of Nelly Bay.

Don't miss your chance to secure this unique island property. Contact Steve Leaumont today at 0499 500 032 to arrange a private inspection by appointment.

Disclaimer: Prospective buyers are advised to conduct their own investigations to confirm the accuracy of the information provided. Please note that file photographs may not reflect the current condition of the property. Raine & Horne Magnetic Island (S&S Properties PTY LTD) accepts no liability for discrepancies or changes that may have occurred.

Discover the charm of Arcadia and create the island home you've always dreamed of!

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Property History for 25-27 Olympus Cres, Arcadia, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$160,000
22 Oct 1998
  • 08 Dec 2024
    Listed for Sale $495,000 Neg
  • 22 Oct 1998
    Sold for $160,000
  • 18 Jun 1990
    Sold for $120,000

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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.

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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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