SOLD
Sold on 04 Mar 2024 for $6,400,000

18 Pacific Avenue
Miami QLD 4220

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1092m2
Land area: 1584m2
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Property Details for 18 Pacific Ave, Miami

Building Type
Commercial
Floor Size
1092m2
Land Size
1584m2
Local Government
Gold Coast City
Lot/Plan
572/RP41587

Last Listing description (July 2020)

SECURE 5 YEAR LEASE TO 2025 PLUS OPTIONS UNTIL 2035

* Prime 1,584* sqm freehold landholding over 4 titles with 3 street frontages

* Iconic property with outstanding long term potential
* Attractive & secure lease, tenant pays outgoings and annual rent increases
* Thriving tenant, immaculate Auto Centre with quality fit out
* Excellent client demographics within Miami, Mermaid Beach and Burleigh
* Emerging commercial/light industrial beachside pocket
* Close to Storage King, KFC, Shells Coles Express & Miami Marketta
* Rent: $190,000* per annum + GST

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 18 Pacific Ave, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$6,400,000
04 Mar 2024
Listed for Rent
$21k/w
04 Feb 2011
  • 04 Mar 2024
    Sold for $6,400,000
  • 17 Feb 2020
    Listed for Sale Expressions Of Interest
  • 01 Feb 2017
    Sold for $2,050,000
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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 4,886 properties.

    There are currently 70 properties listed for sale, and 19 properties listed for rent in Miami on OnTheHouse. According to CoreLogic's data, 192 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.