1 Toombul Avenue, Miami, QLD 4220 sold on 03 December 2025 | OnTheHouse
 
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Sold on 03 Dec 2025 - Price Unavailable

1 Toombul Avenue
Miami QLD 4220

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Property Details for 1 Toombul Ave, Miami

1 Toombul Ave, Miami is a bedroom, 0 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other bedroom Unit sold in Miami in the last 12 months.

Building Type
Unit

Last Listing description (December 2025)

This is a rare opportunity to secure a caretaking-only management rights business in a highly desirable coastal location, just moments from the beach and surrounded by cafés and local amenity. With 22 years remaining on the agreements and a supportive Body Corporate committee, this business is set up for ease, lifestyle, and future upside.

The net income is approximately $142,000 per annum, derived solely from the Body Corporate salary. There is no letting component, no requirement to reside onsite, and no office hours to maintain. All caretaking duties are handled by a single person in roughly 15 hours per week, making it a perfect business for first-time operators, semi-retirees, or those seeking a simple bolt-on.

Included in the sale is a freehold 17m² office, valued at approximately $80,000, currently leased under market rate of about $1,300 per month. The tenant is happy to stay or vacate, giving buyers the option of passive income or an operational base.

The complex consists of 76 residential units with a single facility—a rooftop pool. The existing manager enjoys a strong relationship with the committee, adding further appeal and stability to the operation. Additional, informal income is received for bin duties, which could be formalised for future growth.
With its light workload, stable income, and excellent upside through potential letting, this opportunity is ideally positioned for lifestyle buyers or those looking to expand their portfolio with minimal input and maximum flexibility.

For further information or to arrange an inspection, contact Syd Douglas today.

Ras360 – Management Rights | Motels | Hotels | Pubs | Parks

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Property History for 1 Toombul Ave, Miami, QLD 4220

A timeline of how this property has performed in the market
Last Sold
03 Dec 2025
Listed for Rent
08 Feb 2021
  • 03 Dec 2025
    Listed for Sale Not Disclosed
  • 03 Dec 2025
    Sold
  • 21 Jul 2022
    Sold for $650,000
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About Miami 4220

The size of Miami is approximately 3.0 square kilometres. It has 13 parks covering nearly 33.4% of total area. The population of Miami in 2016 was 6843 people. By 2021 the population was 7445 showing a population growth of 8.8% 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 2021, 57.70% of the homes in Miami were owner-occupied compared with 55.50% in 2016.

Miami has 4,937 properties. Over the last 5 years, Houses in Miami have seen a 83.09% increase in median value, while Units have seen a 107.90% increase. As at 31 March 2026:

  • The median value for Houses in Miami is $1,932,758 while the median value for Units is $1,157,224.
  • Houses have a median rent of $1,100 while Units have a median rent of $850.
There are currently 50 properties listed for sale, and 26 properties listed for rent in Miami on OnTheHouse. According to Cotality's data, 225 properties were sold in the past 12 months in Miami.

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