SOLD
Sold on 22 Jul 2024 for $1,650,000

64 Albion Avenue
Miami QLD 4220

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 594m2
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Property Details for 64 Albion Ave, Miami

64 Albion Ave, Miami is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 594m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Miami in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
120m2
Land Size
594m2
Local Government
Gold Coast City
Lot/Plan
807/RP48542

Last Listing description (August 2024)

Unlock the potential of this exceptional 3-bedroom, 1-bathroom property strategically positioned on a substantial 594m2 corner block, with approved plans for subdivision and the construction of two free-standing houses. This property presents a unique investment opportunity in a highly sought-after location.

Embrace the potential of subdividing the generous 594m2 block to create two separate, luxurious free-standing houses, catering to the growing demand for versatile living spaces. The property comes with the added advantage of already approved Development Application plans, designed by Habitat Studio Architects, streamlining the process for the envisioned construction.

Experience the convenience of being just a brief 10-minute walk from the stunning Miami Beach and the Miami One shopping center, complete with a variety of restaurants and grocery stores. Additionally, a quick drive will take you to the renowned James St in Burleigh Heads, Burleigh Pavilion, and Pacific Fair - with a location like this, you cannot capitalize.

Seize the chance to be part of a transformative venture in the thriving Miami locale. Whether you are an astute investor or a homeowner with an eye for future development, this property with its approved plans and prime location is poised to become a cornerstone of opportunity and prosperity.

Contact Adam now to obtain all the documentation related to this property and to secure your investment in this promising real estate opportunity.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 64 Albion Ave, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$1,650,000
22 Jul 2024
Listed for Rent
$975/w
05 Mar 2024
  • 22 Jul 2024
    Sold for $1,650,000
  • 22 Jan 2024
    Listed for Rent $975 / week
  • 15 Dec 2023
    Listed for Sale Offers Over $1,650,000
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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 4,906 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.

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.