SOLD
Sold on 01 May 2024 for $565,000

5/3 Redondo Avenue
Miami QLD 4220

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 2175m2
Sold By
Real Estate by KYLIE
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Property Details for 5/3 Redondo Ave, Miami

5/3 Redondo Ave, Miami is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 2175m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Miami in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
50m2
Land Size
2175m2
Local Government
Gold Coast City
Lot/Plan
5/BUP12599

Last Listing description (May 2024)

SOLD BY KYLIE

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Beachside of the Highway!

WOWZER! Here’s a sensational ENTRY-LEVEL opportunity for the budget-conscious buyers.

PRIME POSITION BEACHSIDE of the highway – these apartments are very tightly-held and pretty scarce in today’s market! So, get in at the ground level … and this little gem will pay you back with dividends!

It won’t take much to give this ground-floor 1-bedroom apartment a very pretty make-over OR leave it as is and just rent out and land bank. On over 2,000 m2 of land so will be suitable for a development block in future for those savvy investors who wish to landbank for capital growth! Currently tenanted until 23 October with fabulous tenants paying $525 !

Such a ripper for first-home buyers, downsizers AND investors!
And don’t forget to pack your sunscreen, surfboard and sunglasses!

Property Features:
• Block Size Approx 2,175m2 (only 24 units in block)
• Ground-floor position (no stairs!) Approx 55m2
• Your own patio handy to the alfresco entertaining area
• Inground pool in complex
• Covered parking (1 carport)
• Open-plan living and kitchen
• Good-sized bedroom with BIRs
• Currently tenanted until 23 October with fabulous tenants paying $525 (future rental appraisal is $560 - $600
• B/Corp is approx $67 (includes paid on time discount)
• Combined bathroom and laundry
• Water Rate quarterly: approx $265
• Council Rate 6 mthly: approx $1,500

WHAT A LOCATION!
• Beach-side of the highway
• Only a hop, skip and jump to the stunning surf beach
• Walk to local parks and surf club
• So many local cafes and restaurants to choose from!
• Park your car … ultra-handy to public transport
• Miami One Shopping Centre nearby
• Miami Marketta nearby

This will be sold in a heart-beat … SO BE QUICK!

NOTE: Buyers are required to do their own due diligence as required, prior to purchase.

DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained.

Property History for 5/3 Redondo Ave, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$565,000
01 May 2024
Listed for Rent
$525/w
18 Sep 2023
  • 01 May 2024
    Sold for $565,000
  • 24 Apr 2024
    Listed for Sale Not Disclosed
  • 18 Sep 2023
    Listed for Rent $525 / week
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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.

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    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.