8/7-9 Rheuben Terrace, Arcadia QLD 4819

Offers over $890,000

7 beds

3 baths

2 parking

A Unique Seven-Bedroom Investment Near Alma Bay

Raine & Horne Magnetic Island, in collaboration with Ross Napier and Steve Leaumont, are pleased to present this unique and spacious elevated residence in one of Arcadia's most desirable locations.

Positioned just 300 metres from iconic Alma Bay and backing directly onto protected National Park, this substantial seven-bedroom, three-bathroom property offers an exceptional combination of space, privacy and versatility.

With rooms currently tenanted, the property presents an established rental opportunity, while its flexible two-level layout offers plenty to consider for the future. Whether you're looking to continue generating rental income, explore dual-living options or secure a spacious island property for the longer term, the possibilities are worth exploring.

Seven Bedrooms. Multiple Possibilities.
Spread across two levels, the home offers a versatile configuration with separate upstairs and downstairs living zones, making it suitable for extended families, investors or buyers seeking flexible accommodation options.

The downstairs level features a light-filled lounge opening onto a timber deck and tropical garden, an outdoor kitchen setup, four air-conditioned bedrooms and a recently renovated bathroom and laundry combination.

Upstairs, three generous bedrooms include a master bedroom with ensuite and balcony access. The open-plan kitchen, dining and living area flows onto a balcony overlooking the treetops and surrounding mountains, with the elevated position capturing natural breezes. Two additional bathrooms provide further flexibility.

Property Features:
- Seven bedrooms across two levels
- Three bathrooms, including a master ensuite
- Individual rooms rented out
- Separate upstairs and downstairs living zones
- Four air-conditioned bedrooms downstairs
- Three spacious upstairs bedrooms
- Open-plan upstairs kitchen, dining and living area
- Split-system air-conditioning to the upstairs living area
- Light-filled downstairs lounge opening onto a timber deck
- Outdoor kitchen setup for entertaining
- Upstairs balcony with treetop and mountain views
- Updated downstairs bathroom and laundry combination
- Exclusive use of a fully fenced 421sqm yard
- Established tropical gardens offering privacy
- Shared resort-style swimming pool
- Storage shed
- Parking for two vehicles
- Rear boundary adjoining National Park

Tropical Living Made Easy
The property enjoys exclusive use of a fully fenced 421sqm yard, providing space to enjoy the tropical surrounds and a sense of privacy.

As part of a body corporate comprising eight lots, residents also enjoy access to a shared resort-style swimming pool, with pool and yard maintenance managed through the body corporate.

Nature at Your Doorstep
Backing directly onto National Park, the property offers a unique connection to Magnetic Island's natural environment, with walking tracks, nearby lookouts and seasonal waterfalls to explore.

Just a short walk away, Alma Bay is one of Magnetic Island's most celebrated swimming beaches, featuring picturesque surrounds, picnic areas, BBQ facilities and a patrolled swimming area.

Contact Ross Napier 0428 785 012 and Steve Leaumont 0499 500 032 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.

Property Details

• Type: House
• Bedrooms: 7
• Bathrooms: 3
• Toilets: 3
• Carport Spaces: 2
• Land Area: 210 m² (approx)