OFF MARKET

45 Pacific Avenue
Miami QLD 4220

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 405m2
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Last updated 2 Sep 2024
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Property Details for 45 Pacific Ave, Miami

45 Pacific Ave, Miami is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 405m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1970
Floor Size
122m2
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
741/RP42590

Last Listing description (May 2023)

Behind this fully fenced property, lies maybe one of the trimmest investments you will ever make. Think dual occupancy, both currently leased out with a tidy weekly return of $1,225.00 per week & sitting in one of the hottest, most sought after Gold Coast addresses', only 800 metres stroll to the beach.

Inside oozes chic, coastal living - light filled, tidy, nothing to spend interiors throughout. This property is the epitome of vibey, Miami. Upstairs features three well-proportioned bedrooms, with the master bedroom hosting a built-in robe. Fans throughout as well as split system air conditioning to keep the space cool after a summers day spent surfing the iconic Nobby's beach.

Invite your friends over to utilise the renovated kitchen whilst entertaining, taking full advantage of the seamlessly, flowing open plan living & dining space. And envision the fun that will be had with time spent on the balcony, relishing in the sea breeze, with the sun on your skin.

Downstairs offers a separately metred, fully self-contained studio apartment with private entrance. Aren't the possibilities for investors here just endless? Not only appealing to investors, but I am sure the well-versed developer could appreciate this location with a cool 405sqm of flat land just moments to everything the Gold Coast has to offer.

To top it all off the property features a sublime rear yard with a huge storage shed & a large converted garage with the opportunity to be changed into an office. This property is the gift that keeps on giving with endless opportunity & infinite possibility. Did I mention a lot of under house storage?

Across the road from the world renowned Pizzey Park Skate Park which is a one-of-a-kind land space of 4800 sqm of skateable surface for locals who frequent & enjoy the space on the regular. A super short distance from Miami Primary & Miami High School, amongst everything else this uber cool area has to offer, like the local Miami Marketta, The Henchman or Nobby's Beach Caf Precinct amongst a tonne of other local renowned businesses.

A short 12 minutes from the super cool Palm Beach, 4 minutes from Burleigh Waters & 20 minutes between Surfers Paradise & Coolangatta airport. If you want your next purchase to make you money, look no further, this is the one.

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Property History for 45 Pacific Ave, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$982,500
19 Apr 2023
Listed for Rent
$550/w
24 Jun 2019
  • 19 Apr 2023
    Sold for $982,500
  • 24 Oct 2022
    Listed for Sale All Reasonable Offers will be Considered
  • 01 Apr 2022
    Listed for Sale Expression of Interest
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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 4,906 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:

  • 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 19 properties listed for rent in Miami on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Miami.

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