1/16 Riviera Road

Miami QLD 4220

The large wide lock up garage is spacious enough for two small cars.
Miami is a beachside location, near Nobby Beach Cafe and millionaires row on Hedges Avenue, Mermaid Beach South of Surfers Paradise. At the south end of the beach take the steps to North Burleigh and experience breathtaking views from Surfers to Coolangatta from the viewing decks.
This property represents amazing value in the tightly held Miami beachside, and offers you great investment prospects or an amazing beach lifestyle - you choose.
- 2 bedrooms, 1 bathroom
- Large wide lock up garage room for 2 small cars
- Partly furnished, recently renovated
- Sunny balcony to enjoy the sea breezes
- Tiled open plan living and dining room
- Lovely new kitchen with plenty of bench space
- Spacious bedrooms with mirrored built-in wardrobes
- Bathroom, separate toilet, laundry with washing machine & dryer
- Small block of six with low body corporate
- Less than 200m to the beach, close to shops, cafes, transport & schools
- The complex has only 6 units, re-development potential.
- The complex 2019 renovation works - new roof, solar hot water, etc.
- Currently tenanted, periodic lease $400 per week
- The garage rented separately periodically $50 per week
- Rent potential $450-$480 per week
Council Rates: $1,964 per annum approx.
Water Rates: $1,200 per annum approx.
Body Corporate Fees - $66.92 per week approx.
If you are thinking of selling your property or just curious about the current market, please do not hesitate to call Will West for an obligation free market appraisal.