Queensland 4819
Asking Price (AUD): $900,000
Type: House
Floor (sqm): 1311
Bedrooms: 1
Bathrooms: 1

This property is located in Arcadia, Magnetic Island and offers a freehold investment opportunity. Situated on a 1311m2 block with ocean view frontage, the property has great potential for future development as a unit complex. The current tenant runs a successful dive shop, providing a secure income of $33,000 per annum. The property also features a sparkling inground swimming pool, main road exposure, ample on-site car parking, and a reliable tenant. Arcadia is a highly sought-after location in Magnetic Island, known for its tropical holiday destination and proximity to the Great Barrier Reef. The property is within walking distance to Alma Bay, a picturesque beach, as well as a local tavern and news agency. It is also conveniently located near supermarkets, a medical clinic, primary school, and the ferry terminal for easy access to Townsville on the mainland. Interested buyers should contact MaryAnne for more information.
Address
10 Marine Parade Arcadia 4819, Queensland 4819
Arcadia, North qld, QLD 4819, Townsville, QLD