2 Schuster Avenue, Miami, Qld 4220

Offers Over $2,500,000

House
Type
6
Bedrooms
4
Bathrooms
4
Parkings
405 m²
Area

Published on Wednesday, July 01, 2026 ( See property details for 2 Schuster Avenue, Miami, Qld 4220)

Offers Over $2,500,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity to acquire a fully leased, strata-titled block of four units in the highly sought-after Miami beachside suburb, offering flexibility and strong income potential.

🏡 Property Highlights

  • Entire block of four strata-titled units offering flexible investment options
  • Prime beachside location within walking distance to Miami Beach and amenities
  • Fully leased with a strong annual rental income of approximately $127,000
  • Consists of two 2-bedroom and two 1-bedroom units with lock-up garages
  • Solid brick and tile construction on a 405m² allotment with wide street frontage
  • Opportunity for future value addition, subdivision, or retention as a high-yield asset

✨ Key Features

  • Whole block of 4 strata-titled units
  • 2 x 2-bedroom units
  • 2 x 1-bedroom units
  • Lock-up garage for each unit
  • Solid brick and tile construction
  • 405m² land area with wide street frontage
  • Fully leased with current rental income of approximately $127,000 per annum
  • Beachside of the Gold Coast Highway
  • Walking distance to Miami Beach, Light Rail Station, schools, cafes and shopping
  • Rare opportunity to secure an entire block of strata-titled units

Miami is a highly desirable coastal suburb on the Gold Coast renowned for its stunning beaches, vibrant local cafes, and excellent transport links. The area offers a relaxed beachside lifestyle combined with strong demand from tenants and owner-occupiers. Its proximity to the Light Rail station and local amenities makes it an ideal location for both lifestyle and investment. The suburb continues to experience growth, making it a secure choice for long-term property investment. With its laid-back atmosphere and high walkability score, Miami remains one of the most sought-after suburbs on the Gold Coast.

What is the current rental income and potential for future growth?
The property is currently fully leased with an annual rental income of approximately $127,000, with potential for rental growth depending on market conditions and possible property enhancements.
Are there any development restrictions or zoning considerations?
The property is situated on a 405m² allotment with multiple strata titles, and any future development or subdivision would require council approval. It is advisable to consult local planning regulations for specific restrictions.
What are the ongoing outgoings and costs?
Annual outgoings include building insurance of $5,255.87, council rates of $5,825.10 per half year, and water rates of $1,771.13 per quarter.
Is there potential to add value or renovate the units?
Given the solid brick and tile construction and current leasing status, there may be opportunities to enhance or renovate the units to increase rental income or value, subject to council approval.
What makes this location desirable for tenants and owner-occupiers?
Its proximity to Miami Beach, cafes, restaurants, shopping, and the Light Rail station, combined with a relaxed coastal lifestyle, makes it highly attractive for both tenants and owner-occupiers.
Are there any easements, covenants, or planning overlays affecting the property? Has the property been affected by flooding or bushfire risks in the past? Are there any upcoming development or infrastructure projects nearby that could impact the property? What are the strata or body corporate arrangements, and are there any associated fees or restrictions? Are there any hidden costs or upcoming maintenance requirements for the units? Is the property compliant with all building codes and regulations? Are there any noise or nuisance issues from nearby roads or properties? What is the history of the property's occupancy and rental performance? Are there any restrictions on future subdivision or redevelopment of the land? Has the property been inspected for pests, structural issues, or other defects?

2 Schuster Avenue, Miami, Qld 4220 - More Details

Offers Over $2,500,000

Type
House
Bedrooms
6
Bathrooms
4
Parkings
4
Area
405 m²

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