1/3 Redondo Avenue, Miami QLD 4220

Offers Over $310,000

2 beds

1 baths

1 parking

Divorce Forces sale of Potential Re-Development Block

Fantastic opportunity here with this rather old and tired complex of 24 properties which is a walk up but ONLY one block to the beach sitting on a large 2174sqm flat block!!! If Miami is the next Palm beach then this a golden opportunity to jump onto this property and land bank. The potential is endless too - you can live here, permanently rent the property out or holiday lett.

No doubt a bit of TLC or a renovation would bring this property back up to the 21st century so you could expect strong returns with a renovation and add to the portfolio! The sellers are keen to see the unit sold and will look at ALL reasonable offers.

One block to Miami Beach and surf Life Saving Club, stroll to Don Mcsween Park, Tennis Club across the road and stroll to shops including Coles Miami and much more with many amenities and facilties all within a short walk of this home

- Two bedroom/one bathroom PLUS study ground floor unit 'Miami Pacific'
- Spacious bathroom positioned between each bedroom for easy access
- Air-conditioned open plan living/dining with two entrances into the property
- Ex-managers unit hence the office or sun room which is a great bonus for space
- Good size kitchen with loads of cupboard and bench space; electric cooktop
- Currently owner occupied and ready to move out as soon as possible
- Approx floor size 70sqm - circa approx. built 1993 ( 27years old)
- Body corporate approx. $119 per week including building insurance
- Small pets allowed but subject to body corporate approval
- Fantastic potential for re-development site (land approx 2174sqm)
- Undercover carport for each property on title which is allocated
- Approx expected rental return $330-$350 per week in current condition

Facilities include;
- large pool
- undercover BBQ area
- shared laundry
- security gated
- One block from Miami Beach, opp Miami Tennis Club, stroll to parks, shops,
transport and trendy Nobby Beach

Water rates approx- $311.15 per 3 months. Rates approx. $844.65 per 6 months

Miami is a beachside location, just 8 kilometres south of Surfers Paradise. At the south end of the beach take the steps to North Burleigh and experience breathtaking views from Surfers to Coolangatta from the viewing decks.

It is a popular destination with many beachfront apartments and homes. It has a magnificent beach and the renowned Marine Parade esplanade provides a walking / cycling track through parkland right along the beachfront, a children's playground, BBQ and public facilities and a surf lifesaving club with the extremely popular Piccalo café directly below. The local shops provide a pharmacy, corner store, factory outlet shops, fast food and petrol stations with the many Nobby Beach cafes and restaurants a short stroll away. With its own Miami High and Primary School, and a choice or private schools and Bond University all nearby. It is home to Pizzey Park a sporting facility which has a skate park, swimming complex, gymnastic club, Burleigh Bears Leagues Club, Little Athletics and Burleigh Soccer Club.

Miami lets you enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 30 minutes drive north and a choice of 13 international golf courses and additional public courses in the vicinity.

Property Details

• Type: Unit
• Bedrooms: 2
• Bathrooms: 1
• Toilets: 1
• Carport Spaces: 1

Features