2 Olympus Cres, Arcadia is a 1 bedroom, 1 bathroom House. The property has a land size of 2186m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Rarely do properties on tightly held Olympus Crescent come up for sale and this is a special one: an original beach shack on 2186m2 just 250m from Alma Bay.
'Te Nikau' is one of the oldest homes on the island, with photos dating it back as far as the 1920s and character features such as timber louvres and colourful casement windows. The owners over the years track back through seafarers, artists and nature lovers, and the home shows this through their various contributions, improvements and additions. Lots of Knick-knacks cover the walls and shelves, creating a shackychic feel, blended with the creature comforts of a fully equipped stainless steel kitchen, wine fridge, Weber gas BBQ and flyscreens to all doors and windows.
The classic queenslander-style sees a large central room, a great bunk room for all the kids, with the 4 sides around it all open-plan living, kitchen, dining and sleeping quarters.
You'll spend most of your time outdoors though - go for a swim or snorkel at beautiful Alma Bay and then come back for a family gathering on the large patio or deck, enjoying the visiting wildlife courtesy of the neighbouring National Park. A seasonal creek flows through the large bush block, with an ornamental bridge on the scenic pathway access from the beach, whilst there is also access to park vehicles near the house just off Armand Way.
A special property that holds a place in the hearts of many, looking for its new custodians to add their personal touch to it.
NB: the property is NOT listed on the local heritage register.
Settlement not before August to allow the family to visit and say their goodbyes.
The property is currently a holiday rental so inspections must be arranged by appointment only around guest bookings.
Council rates approx $4500 p.a. including water.
This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property Code: 1432
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:
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