OFF MARKET

4/5 Bright Avenue
Arcadia QLD 4819

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2024m2
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Property Details for 4/5 Bright Ave, Arcadia

Building Type
Commercial
Land Size
2024m2
Local Government
Townsville City

Last Listing description (August 2022)

Vacan,35sm, commercial shops for rent. Ideal for Car Hire, Gift, Dress shop or similar, Natural Therapy, Real Estate/Travel/Booking Office, Accountant or Solicitor.

Shop 4 has a single door entrance with large window space making for easy access and visibility. It is partitioned with a reception entrance and large open office behind. Extra space over the rear veranda which could be used for a store room or workshop. It has good lighting and is fitted with air-conditioning & fans. 35sm in size + the extra 8sm at the rear. Rent is $925 + GST. The 8sm rear area is good usable space and is Free of Charge.


The Arcadia Shopping Centre now consists of a very successful and long established Grocery Shop combined with a fuel outlet (one of only 2 on the Island), a Licensed Restaurant, an Architect/Builder, a Hairdresser and a Beauty & Nail Therapist.

A business/office on Magnetic Island (population 2,500 which can treble during the long tourist season) has considerable potential for profit to be earned from low overheads in a relaxed and enjoyable environment.

Magnetic Island is just one of many places that exist in North Queensland for owner/occupiers to run a successful enterprise however choosing the Island (a suburb of Townsville with approx pop 175,000) is unique and living on an Island is quite fulfilling and rewarding. Enquiries welcome.

Property History for 4/5 Bright Ave, Arcadia, QLD 4819

A timeline of how this property has performed in the market
Listed for Rent
$21/w
04 Aug 2022
  • 04 Oct 2020
    Listed for Rent $1,100 / year

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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.