2 Schuster Avenue, Miami, Qld 4220 - More Details
Offers Over $2,500,000
Opportunities of this calibre are exceptionally rare. Offered to the market as a whole, this strata-titled block of four units presents an outstanding investment opportunity in one of the Gold Coast's most sought-after beachside suburbs.
Positioned on a 405m² allotment with a wide street frontage, the property comprises four individually strata-titled units, including two, 2-bedroom units and two 1-bedroom units. Constructed of low-maintenance brick and tile, each unit includes its own lock-up garage, making this an attractive proposition for both investors and future owner-occupiers.
Currently fully leased, the property generates a combined rental income of approximately $127,000 per annum, providing immediate cash flow from day one. Investors will appreciate the flexibility of owning four separate titles, offering future options to retain as a single investment, sell individually, or potentially enhance and add value and increase rental income.
Located on the highly desirable eastern side of the Gold Coast Highway, the property is positioned within easy walking distance of Miami Beach, the new Light Rail station, local schools, cafes, restaurants, and shopping amenities. This central beachside location continues to experience strong demand from both tenants and owner-occupiers alike.
Whether you are seeking a quality income-producing asset, land-bank opportunity, or a long-term addition to your investment portfolio, this property represents exceptional value in a tightly held coastal market.
Property 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
Outgoings:
Building Insurance: $5,255.87 per annum
Council Rates: $5,825.10 per half year
Water Rates: $1,771.13 per quarter
Priced to sell: Offers Over $2,500,000
Properties of this nature are seldom offered for sale. Don't miss this opportunity to secure one of Miami's most compelling beachside investment offerings.
For further information or to arrange an inspection, contact:
Andrew Henderson: 0438 691 972 or Brooke Henley-Smith: 0422 133 053
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
- Type
- House
- Bedrooms
- 6
- Bathrooms
- 4
- Parkings
- 4
- Area
- 405 m²
