8/7-9 Rheuben TerraceArcadia QLD 4819
Property Details for 8/7-9 Rheuben Tce, Arcadia
8/7-9 Rheuben Tce, Arcadia is a 6 bedroom, 3 bathroom House and was built in 1978. The property has a land size of 210m2 and floor size of 192m2. While the property is not currently for sale or for rent, it was last sold in July 2017.
Last Listing description (August 2018)
6 Bedrooms - Large Deck - 2 Living Areas - Ideal for Large Family - Great Holiday House
Magnetic Haven is located in a tropical garden setting bordering the National Park, undoubtedly the 'Dress Circle' of Arcadia. The large two storey home has 6 bedrooms (all air-conditioned) - 3 bathrooms - 2 living areas, one at ground floor level and the other at first floor level.
The upper level has 3 bedrooms, lounge/dining room, large full length deck, 2 bathrooms (one that services the Master Bedroom and one that services the other 2 bedrooms.
An internal stair case leads to the lower level where there are 3 bedrooms, a huge office/store room - a second lounge area and a bathroom/laundry.
Also included is a carport, sunny decks, air-conditioning in all bedrooms and lounge,
own laundry facilities and your exclusive use area of 411 square metres.
In the common area is a large free form pool, covered barbeque area complete with sink and fridge and a sandpit and cubby house for the children.
This is an outstanding opportunity to enter the Market on Magnetic Island at a realistic price and to earn an income to boot. Being only a 3 minute walk to beautiful Alma Bay, this large
home will be very popular with visitors who holiday regularly every year at 'Magnetic Haven'.
Great opportunity for a few family members to form a partnership and own this large home in an outstanding position in Arcadia.
The property has been freshly painted internally and is ready to move in. Call now to arrange for your inspection.
Ross Napier : 0428 785 012
Property History for 8/7-9 Rheuben Tce, Arcadia, QLD 4819
- 04 Jul 2017Sold for $450,000
- 16 Feb 2016Listed for Sale Reduced to $465,500
- 14 Aug 2015Listed for Sale REDUCED TO $465,500
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0About 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.
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