23 McCabe Cres

Arcadia QLD 4819

1280 m²

Block of units

Currently for sale - view listing

Overview

A Rare Multi-Unit Opportunity on Magnetic Island

Raine & Horne Magnetic Island, in collaboration with Steve Leaumont & Ross Napier, are pleased to present this unique investment opportunity in the sought-after suburb of Arcadia. Set on a substantial 1,280sqm allotment, this U-shaped complex comprises four individual one-bedroom units, each with its own access. Offering multiple potential rental income streams on one generous parcel of land, this is an opportunity for investors looking to secure an established asset on Magnetic Island. Four Separate Units, Multiple Opportunities The property comprises four one-bedroom units, each with its own access, providing separation between residences and flexibility for rental arrangements. Character, Space & Island Charm Timber floorboards throughout add warmth and character to the units, while the large wrap-around veranda provides an inviting outdoor space and complements the property's established island feel. Property Highlights: - 1,280sqm allotment in Arcadia - Four individual one-bedroom units - U-shaped block configuration - Separate access to each unit - Multiple potential rental income streams - Established multi-unit investment opportunity - Located in sought-after Arcadia - Convenient access to Magnetic Island's beaches, cafes and local amenities Invest in the Magnetic Island Lifestyle Arcadia is a popular part of Magnetic Island, known for its relaxed coastal atmosphere, beautiful bays and access to the island's natural attractions. With its multi-unit configuration and four separate residences, this property offers investors the opportunity to secure an established asset in a location that appeals to both residents and visitors to the island. A Unique Investment Opportunity Properties offering four separate one-bedroom units present a different proposition to a conventional residential investment. With individual access to each residence, 23 McCabe Crescent provides flexibility for buyers considering a multi-income investment in one of Magnetic Island's established residential areas. Contact Steve Leaumont on 0499 500 032 or Ross Napier 0428 785 012 today for further information or to arrange an inspection. Disclaimer: All parties should conduct their own enquiries to verify the accuracy of the information provided. Photographs are for illustrative purposes only. Raine & Horne Townsville (S&S Properties Pty Ltd) accepts no responsibility for any loss incurred as a result of any inaccuracy or omission.

Features

4 bedrooms

4 bathrooms

4 carspaces

4 open car spaces

1280 m² lot size

Block of units

Property history for 23 McCabe Cres

2018

Sold

$485,000

Private Sale/Treaty on 12 Sep 2018 by Cindy Shafer, of Compass Property Group

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