SOLD
Sold on 20 May 2024 for $2,010,000

1958 Gold Coast Highway
Miami QLD 4220

Bedrooms: 10
Bathrooms: 5
Car spaces: 2
Land area: 506m2
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Property Details for 1958 Gold Coast Hwy, Miami

1958 Gold Coast Hwy, Miami is a 10 bedroom, 5 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 506m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 10 bedroom Unit sold in Miami in the last 12 months.

Building Type
Unit
Year Built
1970
Land Size
506m2
Local Government
Gold Coast City
Lot/Plan
5/RP78135

Last Listing description (June 2024)

This is a sensational opportunity to secure a block of five units to either retain as a passive investment, redevelop or renovate. Location wise the property is a short walk to the Burleigh Heads CBD, surf beach, future light rail station or the Miami One shops/restaurants.

*Invest for income, redevelop or renovate
*Two-secured garage car parks & three off-street parks

*Retain as a cash cow or develop (RD5 zoning)
*Annual gross rental income is $122,200.00
*A fantastic real estate opportunity
*Be sure to enquire - this will be sold!

Last 6 monthly council rate notice was $3,310.95
Last quarterly water rates notice was $1,243.97

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

Property History for 1958 Gold Coast Hwy, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$2,010,000
20 May 2024
Listed for Rent
18 Jun 2015
  • 20 May 2024
    Sold for $2,010,000
  • 23 Feb 2024
    Listed for Sale $2,050,000
  • 21 Dec 2021
    Listed for Sale Contact agent
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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 4,868 properties.

    There are currently 59 properties listed for sale, and 20 properties listed for rent in Miami on OnTheHouse. According to CoreLogic's data, 195 properties were sold in the past 12 months in Miami.

    Suburb Insights for Miami 4220

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    Ray White - Prestige Gold Coast
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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.