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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

23 McCabe Crescent, Arcadia QLD 4819

Expressions Of Interest

Block of Units 4 Beds 4 Baths 4 Cars 1280 m²
Listed: 13 days ago
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Overview

Positioned on a substantial 1,280 square metre parcel in the highly sought-after suburb of Arcadia on Magnetic Island, this distinctive U-shaped block offers four individual one-bedroom units, each with its own separate access. This multi-unit setup presents an uncommon investment opportunity that benefits from multiple potential rental income streams within a single property footprint.

The timber floorboards that run throughout the units impart a natural warmth and enduring character, consistent with the island’s relaxed coastal charm. Each unit's large wrap-around veranda extends the living space into the outdoors, fostering a connection to the serene environment and encouraging an easy indoor-outdoor lifestyle—ideal for Magnetic Island's climate.

This property is particularly suitable for investors seeking an established multi-residence asset with flexibility in rental arrangements, as the individual access to each unit supports privacy and tenant independence. The generous land size also provides a buffer and enhances the feeling of space and separation among the residences.

Located in Arcadia, residents enjoy convenient access to Magnetic Island’s pristine beaches, cafes, and local amenities, contributing to both tenant attraction and lifestyle appeal. This setup appeals to those aiming for a balanced investment with an element of island living allure without a conventional single dwelling format.

In summary, 23 McCabe Crescent offers a unique proposition as a multi-unit investment with established income potential, a strong island lifestyle setting, and a functional block configuration that supports both tenant privacy and flexibility.

Local Market Insights

In Townsville, Quiet Listings observed 4 new block of unitss entering the market over the last 30 days, with an average advertised asking price of $1,193,750. The property type mix of listed properties is predominantly Houses at 82%, followed by units (5%), and land (4%). The most active agency for block of unitss in the Townsville area is currently Move Realestate Pty Ltd, representing 50% of new listings, followed by Raine & Horne with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Arcadia QLD 4819
New Listings (last 30 days)
4
Average price
$1,193,750
Lowest price
$550,000
Highest price
$1,800,000
Other properties in this postcode