5/22 Armand Way, Arcadia is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1995. The property has a land size of 67m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Located in a group of just 6 Units known as 'Island Magic' Unit 5 is being offered to the market for the very first time. The Townhouse has 2 spacious bedrooms (Main with balcony) large living and dining area and a fully renovated kitchen. The bathroom and toilet are located near the bedrooms while the laundry is off the kitchen. Both the bedroom on the
upper level are air-conditioned.
With a large patio at entry level the Townhouse offers great entertaining capabilities and is well located within the complex close to Alma Bay Beach. The Townhouse has been part of a Holiday Renal pool since being constructed and has accrued many regular customers who holiday at Island Magic.
This is an ideal investment for the first time investor and is presented
in mint condition. To arrange an inspection just call now.
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 392 properties. Over the last 5 years, Houses in Arcadia have seen a 85.18% increase in median value, while Units have seen a 100.31% increase. As at 31 March 2026:
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