1/8 Riviera Rd, Miami is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 223m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
A life of contentment awaits the owner of this Miami unit positioned in a sublime location less than 100 metres to the beach. Unit 1 is situated on the elevated first level of this 3 story walk up and boasts a large balcony to entertain guests and enjoy soothing sea breezes and the sound of the rolling waves in the background. This property is an ideal long term investment or a perfect first home for the discerning buyer.
The unit is light and bright with floor to ceiling windows and doors in the living and main bedroom soaking up the morning sun from the North facing balcony. The unit is in good condition and has been updated with new tiles in the past throughout the kitchen and living areas. However, a considered renovation to the bathroom and kitchen would enhance the value of the property and maximise the carefree living this location offers.
The property is situated in Miami which is a popular Gold Coast Suburb nestled between Mermaid Beach to the North and Burleigh to the South. Originally named after the Miami Hotel in 1925, the area was used as a large military camp in World War II. Miami experienced substantial building growth in the 1960s which was also when the district's State High School was opened. Miami covers an area of approx. 3 square kilometres and the predominant residents are childless couples with 56% of the properties in the area being owner occupied.
With the beach being your backyard this unit will no doubt attract plenty of interest from those who enjoy an active lifestyle and embrace the enduring natural beauty of where we live
Property Features Include:
Short walk to beachapprox. 100m
2 bedroom unit with 1 bathroom
Large balcony for entertaining or relaxing
Peaceful location and only 5 units in the complex
Short walk to local shops, cafs and Surf Club
Close to Miami State School
Air conditioned living area
Body Corporate Fee - $85 per week
Lock up garage
Benefits of this location:
Miami Surf club 4 minute walk (350m)
Nobbys beach surf club 2 minute drive / 12 minute walk (1km)
Miami state school 4 minute drive / 11 minute walk (950m)
Beach approx. 100 metres
Burleigh Pavilion 8 minute drive (3.3km)
Pacific Fair shopping centre 8 minute drive (4.4km)
Get in touch with the agent now to organise your viewing.
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 4,906 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:
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