5/3 Redondo AvenueMiami QLD 4220
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 449m2 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.
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
- 01 May 2024Sold for $565,000
- 24 Apr 2024Listed for Sale Not Disclosed
- 18 Sep 2023Listed for Rent $525 / week
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0About 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 4,870 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.
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