OFF MARKET

5/7-9 Rheuben Terrace
Arcadia QLD 4819

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 119m2
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Property Details for 5/7-9 Rheuben Tce, Arcadia

5/7-9 Rheuben Tce, Arcadia is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 119m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1985
Floor Size
57m2
Land Size
119m2
Local Government
Townsville City
Lot/Plan
5/SP168572

Last Listing description (February 2021)

A wonderful opportunity in a great location, just a five-minute walk to beautiful Alma Bay beach and parkland where you can relax and enjoy the sun on the sandy beach and swim or snorkel in the tropical coastal water.

This beautifully renovated stand-alone 2-bedroom apartment exemplifies tropical living at its best. The apartment was only renovated this year with a new kitchen & bathroom and is freshly painted throughout with new spit system air conditioners in the lounge and in both bedrooms.


The generous size deck is great for entertaining or relaxing and enjoying a quiet moment. Beneath is ample carparking with lock up & workshop.
On site is a sparkling inground pool to enjoy and also a BBQ & covered entertainment area all surrounded by tropical gardens.
The complex with eight units is tucked away at the end of a cul-de-sac in a quiet location that backs onto the National Park in Arcadia, a very popular location that is in high demand.

The apartment is currently being let as holiday accommodation, which the new owner could use as their own holiday accommodation and continue to holiday let when not using, or move in to live permanently.
Restaurants, tavern and convenience store are within walking distance, the bus stop is at the end of the street and it's only a 5-minute drive to supermarkets, chemist, post office, gift shops and ferry terminal where you can catch a ferry to Townsville on the mainland only a 20-minute trip away.
For more information on this piece of tropical Magnetic Island call MaryAnne today.

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Property History for 5/7-9 Rheuben Tce, Arcadia, QLD 4819

A timeline of how this property has performed in the market
Last Sold
$275,000
04 Dec 2020
Listed for Rent
$230/w
09 May 2019
  • 04 Dec 2020
    Sold for $275,000
  • 31 Jan 2020
    Listed for Sale $275,000.00
  • 29 Oct 2019
    Listed for Sale $255,000.00
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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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