11 Oak AvenueMiami QLD 4220
Property Details for 11 Oak Ave, Miami
Last Listing description (June 2023)
Jared Johnson & Lachlan Marshall from Harcourts Coastal Commercial have the exclusive privilege to offer to the market 11 Oak Avenue, Miami. Approved Food & Drink outlets rarely come to the market for either lease or sale making them an ideal Commercial Investment. Its unbeatable location is however what sets it apart. The subject property is located in one of Queensland's most tightly held & vibrant Commercial & Industrial precincts. The tenant 'Lost Palms Brewing Co.' is a local favourite and is surrounded by a multitude of popular awarding local businesses including 'Miami Marketta', 'Miami Fish Market' & National retailers including 'Shell Coles Express Miami' Petrol Station, KFC & 'Storage King'. The property also benefits from the ongoing extension of the G-Link (Light Rail Stage 3) which will be walking distance to the new 'Nobby's Beach Station' and 'Miami North Station'. Watch the video for a virtual tour.
Access to electronic due diligence information will be made available to approved parties upon request and incorporates all available site information, approvals, drawings & lease documentation.
Investment Highlights:
• Freehold blue chip investment
Site area: 407m2
Strong rental income
Freestanding high quality concrete tilt panel constructed building
Significant rental upside
Extremely popular Gold Coast tenant 'Lost Palms Brewing Co.'
Strategically located on the G-Link Extension (Light Rail Stage 3)
Excellent transport links to major arterial roads including the 'Gold Coast Highway'
5x on-site carparks
11 Oak Avenue, Miami is currently zoned 'Low Impact Industry' although is stated in the current City Plan Major Update amendment package as is subject to changes to support the future growth and need for density along the light rail route.
*Approximately
Disclaimer:
Harcourts Coastal Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Beyond Commercial Pty Ltd trading as Harcourts Coastal Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
Property History for 11 Oak Ave, Miami, QLD 4220
- 29 May 2023Listed for Sale CONTACT AGENT
- 17 May 2016Listed for Rent $55,000 / year
- 29 Feb 2016Listed for Rent - Price not available
Recent sales nearby
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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 4,936 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.
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