PROPERTY SUMMARY

Beds: 2 Baths: 2

PROPERTY DESCRIPTION

This property is currently not available.

Arcadia has always been the jewel in the crown of Magnetic Island, being the most popular holiday spot and having the safest swimming beach at Alma Bay. One of the earliest residential settlements in Arcadia occurred in Olympus Crescent, a cul de sac that runs to the north of Alma Bay featuring an interesting range of homes. It is one of the most sought-after island addresses.
Built around 1920, the gracious home at 26 Olympus Crescent is an original Queenslander with style. The timber framed, hip roofed house features glazed casement windows with timber louvres. These allow light and air into the many rooms of the house and make tropical living easy. Walking up the front steps into the u-shaped living area, you find polished timber floors, ceiling fans and loads of space. Archways, sloping ceilings and lattice work make exploring the six main rooms of this house fascinating, and give plenty of opportunity for individual taste and design.
The master bedroom sits in the front left corner and has two walls of windows. The second bedroom, further to the rear, has an additional ante room which can be used as a study, for storage, or just as a sitting room for your private enjoyment. The family room can double as a guest room to make this a three bedroom home, or can provide an alternative to the more formal front living area.
The kitchen has high benches that make excellent work surfaces and open cupboards. Black and white tiles on the floor complete the historical beach house look. The home has two bathrooms and a separate toilet.
The home is set on over 1200 square metres of land and features established tropical gardens. From the top of the hill with local stone retaining walls, you can catch glimpses of the city of Townsville. To help you enjoy the sea breezes and views of Nelly Bay, the current owner built a ‘love shack’ part way up the hill at the rear of the house. This standalone structure is fully screened and can be used as a sleep-out in the warm summer months or as a place to hang your hammock and enjoy the winter sun.
The main home also has a covered dining bbq area adjoining the kitchen. The area is paved and has ceiling fans to make this a comfortable outdoor entertainment spot.
The property is divided into two lots, the front lot of 809 sqm being freehold and the rear lot of a further 405 sqm having a 20 year renewable residential lease. A second home can be built on these blocks with some boundary reconfiguration to meet minimum block size requirements.
The house has been very well maintained over the years including recent rewiring and a new roof.
If you have always loved Alma Bay and island living, then this is an opportunity too good to be missed. Houses in Olympus Crescent only become available rarely as resident families hold onto this precious location. This owner must reluctantly downsize and is looking for someone new to continue to love this house as much as it has been loved over its ninety years.

A sustainability delaration is available upon request.