2176 Gold Coast HighwayMiami QLD 4220
Property Details for 2176 Gold Coast Hwy, Miami
Last Listing description (July 2023)
Perfectly located with valuable direct Gold Coast Highway traffic exposure, this prime-positioned with solid income producing 2 level building or ideal to landbank for future redevelopment.
Dual street frontage 2176 Gold Coast Hwy & 16 Hillcrest Parade, Miami
Tenant: SPEC Bar, Tapas, Beer Garden
Total 810m2* land area and 310m2* Building area. *approx
Two titles to be sold in one line.
Zoned GCCC 'Mixed Use', positioned along the light rail stage 3 (under construction) close to both Nobby Beach and Miami North stations. Short stroll to Nobby Beach shops, Surf Club, Nobby Beach Holiday Village and Miami High School. Updated Town Plan, proposed GCCC Concept Plan available for viewing.
Commercial lease in place, with an existing tenant operating as restaurant and bar with grease trap, plus plenty of off-street parking.
Rental Income: $75,000 pa plus gst
Outgoings paid by tenant (except for land tax)
Lease expires June 2024.
Special Conditions: Demolition Clause (6-months Demolition Notice by the Lessor). Please request a copy of the Lease if you require more details regarding the Demolition Clause.
The owner is selling this freehold title. This property is rare and all about the position, potential and the future, presenting an opportunity not to be missed.
For further information or current lease terms please contact Andrew Henderson or Luke Henderson for a Property Information Memorandum.
Inspections available each Thursday, contact the agent to book an inspection time.
Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.
Property History for 2176 Gold Coast Hwy, Miami, QLD 4220
- 25 May 2023Listed for Sale Contact Agent
Recent sales nearby
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0About Miami 4220
The size of Miami is approximately 3.0 square kilometres. There are 13 parks, covering nearly 33.4% of the 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 4,941 properties. Over the last 5 years, Houses in Miami have seen a 81.52% increase in median value, while Units have seen a 78.08% increase. As at 31 May 2026:
- The median value for Houses in Miami is $2,093,663 while the median value for Units is $1,160,221.
- Houses have a median rent of $1,100 while Units have a median rent of $875.
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