Residential
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Sold
10 Marine Parade,
Arcadia 4819, Queensland
$820,000
Property details
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Agents
Investment Opportunity on Magnetic Island
SOLD By MaryAnne Law
Located in Arcadia the heart of Magnetic Island on a freehold 1311m2 block with ocean view frontage of Geoffrey Bay and great potential in the future for a unit complex.
A sensational, freehold investment opportunity, main road exposure to pedestrians and vehicles all day long.
Tennant runs a very successful dive shop offering security of income currently $33,000 per annum with the tenant responsible for water and electricity, the lease expiring on 22/01/25
Rates approximately $13,772. Per annum.
At a Glance
• Future development potential
• 1311m2 Block
• Sparkling Inground swimming pool
• Main road exposure
• Ample on-site car parking
• Secure Reliable tenant
• Arcadia is a high demand central location
Magnetic Island a renowned tropical holiday destination right on the fringe of the Great Barrier reef.
The property is located less than a 5-minute walk to Alma Bay arguably one of the most picturesque beaches and can only be described as truly unique, even closer is a very popular local tavern with bistro and a news agency with lotto.
It is only five minutes' drive to supermarkets, chemist, medical clinic, primary school, and the ferry terminal where the passenger ferry departs to take you on a 20-minute trip across to Townsville on the mainland or take your vehicle on the car barge which is a 45 minute journey.
This opportunity is not to be missed contact MaryAnne today. Ph 0417 750 500
* These Zonings and Potential should be used as a guide only.
Please check with the local council TOWNSVILLE CITY for current zoning.
Located in Arcadia the heart of Magnetic Island on a freehold 1311m2 block with ocean view frontage of Geoffrey Bay and great potential in the future for a unit complex.
A sensational, freehold investment opportunity, main road exposure to pedestrians and vehicles all day long.
Tennant runs a very successful dive shop offering security of income currently $33,000 per annum with the tenant responsible for water and electricity, the lease expiring on 22/01/25
Rates approximately $13,772. Per annum.
At a Glance
• Future development potential
• 1311m2 Block
• Sparkling Inground swimming pool
• Main road exposure
• Ample on-site car parking
• Secure Reliable tenant
• Arcadia is a high demand central location
Magnetic Island a renowned tropical holiday destination right on the fringe of the Great Barrier reef.
The property is located less than a 5-minute walk to Alma Bay arguably one of the most picturesque beaches and can only be described as truly unique, even closer is a very popular local tavern with bistro and a news agency with lotto.
It is only five minutes' drive to supermarkets, chemist, medical clinic, primary school, and the ferry terminal where the passenger ferry departs to take you on a 20-minute trip across to Townsville on the mainland or take your vehicle on the car barge which is a 45 minute journey.
This opportunity is not to be missed contact MaryAnne today. Ph 0417 750 500
* These Zonings and Potential should be used as a guide only.
Please check with the local council TOWNSVILLE CITY for current zoning.
Explore the area
School catchments
- Magnetic Island State School Primary Prep-6 Government 1.7km
- St Patrick's College Townsville Secondary 7-12 Catholic 12.5km
- St Joseph's Catholic School, The Strand Primary Prep-6 Catholic 12.5km
- Townsville Central State School Primary Prep-6 Government 12.6km
- Townsville Grammar School Secondary Prep-12 Independent 13.0km
- Townsville South State School Primary Prep-6 Government 13.2km
- Belgian Gardens State School Primary Prep-6 Government 13.6km
- Townsville West State School Primary Prep-6 Government 14.6km
- Townsville State High School Secondary 7-12 Government 14.8km
- Railway Estate State School Primary Prep-6 Government 14.8km
- Garbutt State School Primary Prep-6 Government 15.6km
- St Margaret Mary's College Secondary 7-12 Catholic 15.8km
- Hermit Park State School Primary Prep-6 Government 16.2km
- Marian Catholic School Primary Prep-6 Catholic 16.7km
- Currajong State School Primary Prep-6 Government 17.4km
- Queensland Pathways State College - Townsville Campus Secondary Government 17.5km
- Tec-NQ - Rosslea Campus Secondary Independent 17.7km
- Pimlico State High School Secondary 7-12 Government 17.7km
- St Joseph's Catholic School Primary Prep-6 Catholic 17.8km
- Mundingburra State School Primary Prep-6 Government 17.9km
- Townsville Christian College Combined Prep-12 Independent 17.9km
- Oonoonba State School Primary Prep-6 Government 18.1km
- The Cathedral School of St Anne and St James Combined Prep-12 Independent 18.7km
- Mastery Schools Australia - Vincent Secondary Temporary Facility Secondary Independent 18.7km
- Calvary Christian College Combined Prep-12 Independent 18.9km
- Heatley Secondary College Secondary 7-12 Government 19.2km
- Townsville-Thuringowa Centre for Continuing Secondary Education Secondary Government 19.2km
- Yallorin Yimba Silver Lining School Secondary 7-12 Independent 19.4km
- Southern Cross Catholic College Combined Prep-12 Catholic 19.6km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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