OFF MARKET

1/1987 Gold Coast Highway
Miami QLD 4220

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 82m2
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Property Details for 1/1987 Gold Coast Hwy, Miami

1/1987 Gold Coast Hwy, Miami is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 82m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1967
Floor Size
75m2
Land Size
82m2
Local Government
Gold Coast City
Lot/Plan
1/BUP174

Last Listing description (November 2020)

This opportunity is rare to come by....1. There is re development potential as in small boutique block of only four apartments, 2. Investors returns are impressive so do not hesitate if you are looking to build your property portfolio, 3. First home buyers you will be living the dream in this home as the beach lifestyle is at your doorstep.
This impeccable two bedroom apartment is located in the prime location of Burleigh Heads/Miami. Walk across the road to the beach, shops and cafes....in fact lock-up your car you will not need it.
Features include:

- Two levels, ground floor with open plan living area, kitchen and laundry.
- Top floor with two bedrooms and bathroom
- Modern tiles in living area
- Fresh and funky kitchen that is very spacious and functional
- Timber floorboards upstairs
- Modern fixtures and fittings
- Private balcony off main bedroom
- Courtyard is closed off and is part of complex with veggie garden, shed
- Pet friendly complex
- Low body corporate Approx $24 per week "Bora Place" is iconic and developers have had interest in past
- Current rental return is strong and demand in the area is high
- Walking distance to North Burleigh Surf Club, major shops like Coles and Aldi, cafes, restaurants, schools and transport.
Call Linda Dimovski on 0411 673 900 for your private appointment time to inspect.

Property History for 1/1987 Gold Coast Hwy, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$515,000
15 Oct 2020
Listed for Rent
$310/w
19 May 2016
  • 15 Oct 2020
    Sold for $515,000
  • 24 Aug 2020
    Listed for Sale Contact Agent
  • 10 Jan 2018
    Sold for $410,000
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About Miami 4220

The size of Miami is approximately 3 square kilometres. It has 13 parks covering nearly 33.4% of total area. The population of Miami in 2011 was 6,364 people. By 2016 the population was 6,817 showing a population growth of 7.1% in the area during that time. The predominant age group in Miami is 30-39 years. Households in Miami are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Miami work in a professional occupation. In 2011, 53.8% of the homes in Miami were owner-occupied compared with 55.5% in 2016.

Miami has 4,869 properties. Over the last 5 years, Houses in Miami have seen a 116.55% increase in median value, while Units have seen a 120.77% increase. As at 31 October 2024:

  • The median value for Houses in Miami is $1,662,698 while the median value for Units is $1,039,566.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 70 properties listed for sale, and 15 properties listed for rent in Miami on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Miami.

Suburb Insights for Miami 4220

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.