SOLD
Sold on 08 Apr 2024 for $1,000,000

2/5 Adams Avenue
Miami QLD 4220

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 135m2
Land area: 162m2
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Property Details for 2/5 Adams Ave, Miami

2/5 Adams Ave, Miami is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 162m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Miami in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
135m2
Land Size
162m2
Local Government
Gold Coast City
Lot/Plan
2/BUP100741

Last Listing description (June 2024)

Case Study:
Method of Sale: Private Treaty
OFI Attendees: 19

Online Enquiries: 7
Number of Written Offers: 2
Days on Market: 27
Views Online: 3,548

This is an extremely rare opportunity to secure a two-bedroom duplex in the heart of Miami and embrace all that this low maintenance, private, lifestyle location has to offer. An absolute blank canvas for the lucky new owner to personalise and make their own or seize a savvy investment opportunity to simply land bank and hold for the future.

Well-kept and presenting in immaculate condition, this highly desirable property captures an abundance of natural light and allows you to add your own touch throughout. Generous in size and spanning across two levels, this two-bedroom duplex is positioned at the rear of a 607sqm block just a short stroll from world class beaches.

Open plan living and dining spaces occupy downstairs alongside the large central kitchen with plenty of bench space and storage. Outdoor covered alfresco that is fully enclosed perfect for year-round entertaining. A separate laundry with a powder room is also located on the ground floor.

Upstairs; two very generously sized bedrooms both with built-in robes and ceiling fans. Master bedroom with air-conditioning. Both bedrooms are serviced by the family bathroom with bathtub and separate toilet.

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:
2-bedroom, 1 bathroom, 1 car duplex
Rear duplex on a 607sqm block
Spacious open plan living and dining spaces with air conditioning
Central kitchen with an abundance of storage and bench space
Covered alfresco perfect for entertaining all year round
Two generously sized bedrooms with built-in robes and ceiling fans
Master bedroom with air conditioning
Family bathroom with dual access, bathtub and separate toilet
Only a short stroll or bike ride to Miami Beach, restaurants, cafes, parklands and all that you need

Property Specifics:
Council Rates: $1,301.33* half yearly
Water Rates: $336.78* per quarter
Shared Insurance: TBC
Rental Appraisal: $800 - $850* 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 2/5 Adams Ave, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$1,000,000
08 Apr 2024
  • 08 Apr 2024
    Sold for $1,000,000
  • 03 Apr 2024
    Listed for Sale Offers Over $969,000
  • 21 Feb 1996
    Sold for $139,000

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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 69 properties listed for sale, and 15 properties listed for rent in Miami on OnTheHouse. According to CoreLogic's data, 201 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.