Unique opportunity in Arcadia

A rare opportunity presents in Arcadia - close to Alma Bay is this spacious family or holiday home plus 3 units, all on a large 1108m2 block with the potential to subdivide into two lots (subject to council approval). 

Live in one and rent the others, or rent them all either on holiday or long-term rental, you can choose how you wish to make this property work for you. 

The two storey home has an enormous back deck, ideal for large family groups, overlooking the pool, with magnificent views to the nearby hills of the National Park. Upstairs is a spacious kitchen-diner which opens onto the back deck and leads through to the lounge which has two doors opening onto another covered deck, so you can take your pick and always find a quiet spot. The master bedroom is also upstairs and opens onto the front deck with an ensuite bathroom which is two-way to the deck - ideal when you have visitors upstairs. 

There are both internal and external stairs, with three further bedrooms downstairs plus a fourth bedroom/office area, another bathroom and laundry, plus storage under the stairs. There's plenty of room for parking cars, bikes, kayaks etc in the carport created by the deck above, with another freestanding carport to the left of the double-width driveway. 

The three units are all fully self-contained with open-plan kitchen/dining/living, laundry, bathroom and bedroom. They've been popular holiday rental units for many years with regular repeat guests, as has the house, and provide an ideal  income for someone who wants to live in the house and keep letting them out. Another option is to have a caretaker in one unit who can manage the whole property for you and you can just come and go as you please, enjoying your holiday home without worrying about the little jobs that always need doing! Each unit would rent long-term for $250-300 per week in the current very tight rental market providing an easy passive income. 

A 5kw solar system on the house keeps the bills down and the property is offered fully furnished.

Contact Alex for a private inspection by appointment. 

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.