16 Olympus CrescentArcadia QLD 4819
Property Details for 16 Olympus Cres, Arcadia
16 Olympus Cres, Arcadia is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 873m2 and floor size of 276m2. While the property is not currently for sale or for rent, it was last sold in December 2015.
Last Listing description (May 2017)
Two houses for the price of one! Live in one and rent the other.
Located just a easy stroll to Alma Bay beach, this attractive property is value packed for even the most astute purchaser. Huge price reductions and two houses combined with one of Magnetic Island's best street addresses, add to the appeal.
Potential for a range of uses, live in one and rent or renovate the other, use as holiday or long term rentals, convert to bed and breakfast .the choice is yours.
At the front of the property is a historic two bedroom cottage. This house has been renovated and has a modern bathroom and light paintwork through out. The two central bedrooms are wrapped by additional living space in the enclosed verandahs which also feature original timber louvres and timber floors.
The second residence is tucked into the side of the hill surrounded by natural bush and boulders. It enjoys stunning bush vistas and glimpses of the ocean. A large two storey residence, it sits ready and waiting, eager to be brought back to its former glory. Existing features include stunning timber stairway and gleaming timber floors, 2 bathrooms, large bedrooms and two living areas.
Located in Olympus Crescent, they are just a short stroll to beautiful Alma Bay, shops and restaurants.
Both homes are currently used as permanent rentals returning a total of $500 per week
Call today to discuss an offer . My vendor is seriously selling!
Property History for 16 Olympus Cres, Arcadia, QLD 4819
- 11 Dec 2015Sold for $478,000
- 29 Jun 2013Listed for Sale Not Disclosed
- 09 Jan 2012Listed for Sale 525000
Recent sales nearby
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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 2016 was 248 people. By 2021 the population was 246 showing a population decline of 0.8% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Arcadia work in a managers occupation.In 2021, 59.40% of the homes in Arcadia were owner-occupied compared with 50.70% in 2016.
Arcadia has 391 properties. Over the last 5 years, Houses in Arcadia have seen a 79.54% increase in median value, while Units have seen a 80.51% increase. As at 28 February 2026:
- The median value for Houses in Arcadia is $637,640 while the median value for Units is $452,727.
- Houses have a median rent of $300 while Units have a median rent of $300.
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