SOLD
RECENT ADVICE
Sold on 15 Jul 2024 for $1,293,888

1/7 Chainey Avenue
Miami QLD 4220

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
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Property Details for 1/7 Chainey Ave, Miami

1/7 Chainey Ave, Miami is a 4 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom DuplexSemi-detached sold in Miami in the last 12 months.

Building Type
DuplexSemi-detached
Local Government
Gold Coast City
Lot/Plan
1/SP178196

Last Listing description (July 2024)

Case Study:
Method of Sale: Private Treaty
OFI Attendees: 14

Online Enquiries: 12
Number of Written Offers: 2
Days on Market: 5
Views Online: 1,654

This is an extremely rare opportunity to secure a four-bedroom duplex in the heart of Miami perfectly positioned less than 650m from world class beaches and occupying sixty percent of a prime 405sqm block.

Presenting in immaculate condition and totally detached, this highly desirable property captures an abundance of natural light and allows the lucky new owner to personalise and add their own touch or seize a savvy investment opportunity to simply land bank and hold for the future.

Generous in size and spanning across two levels with dual living potential. The upper level offers open plan living and dining spaces with a well-equipped kitchen and extensive balcony, perfect for entertaining friends and family all year round. Three well-proportioned bedrooms including a master suite with built-in robes, ensuite, air conditioning and access to the East facing balcony. Two additional bedrooms both with built-ins and ceiling fans and serviced by the large family bathroom with bathtub and combined laundry.

Downstairs; a self-contained one-bedroom studio with a separate lockable entrance, making it the perfect opportunity for an additional income or guest/teenage suite. Complete with its own kitchen, laundry, bathroom, covered patio and exclusive courtyard. Single lock up garage and driveway parking.

Offering a harmonious feel with sundrenched spaces and dual living potential, this is the perfect yet private residence in the heart of Miami. A short stroll or bike ride to Miami Beach, Miami Marketta, Burleigh Golf Club, neighbourhood cafes, parklands, Nobby's Precinct, primary and senior schools and public transport.

Property Features:
• 4-bedroom, 3-bathroom duplex with dual living potential
• Totally detached, occupying sixty percent of a 405sqm block less than 650m to Miami Beach
• Sundrenched living, dining and kitchen on the upper level
• Large, covered balcony perfect for year-round entertaining
• Master suite with ensuite, built-in robes and private balcony
• Two additional generously sized bedrooms with built-in robes and ceiling fans
• Family bathroom with bathtub and combined laundry
• Self-contained studio with separate lockable entrance
• Downstairs studio with kitchen, laundry, bathroom, bedroom with built-ins, living room and covered patio
• Single lock up garage and driveway parking
• Air-conditioning in the upstairs living and master bedroom
• Less than 650m to world class beaches, shopping and cafes

Property Specifics:
• Council Rates: $1,503.71* per half year
• Water Rates: $548.05* per quarter
• Shared Insurance: $1,986.10* yearly
• Rental Appraisal: $1,100 - $1,200* per week
*Approx.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 1/7 Chainey Ave, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$1,293,888
15 Jul 2024
Listed for Rent
$510/w
18 Jun 2018
  • 06 Jul 2024
    Sold for $1,293,888
  • 27 Jun 2024
    Listed for Sale Offers Over $1,250,000
  • 14 Sep 2019
    Sold for $715,000
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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 4,907 properties. Over the last 5 years, Houses in Miami have seen a 123.80% increase in median value, while Units have seen a 108.83% increase. As at 31 July 2024:

  • The median value for Houses in Miami is $1,598,340 while the median value for Units is $997,002.
  • Houses have a median rent of $950 while Units have a median rent of $745.
There are currently 72 properties listed for sale, and 20 properties listed for rent in Miami on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Miami.

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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.