302/2007 Gold Coast HighwayMiami QLD 4220
Property Details for 302/2007 Gold Coast Hwy, Miami
302/2007 Gold Coast Hwy, Miami is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 1102m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Last Listing description (September 2025)
This property is exceptional for a savvy buyer, securing one of the highest yields in Miami.
Located in the heart of Miami, this freehold studio apartment with a basement car park offers a fantastic opportunity for an entry-level investor or first-home buyer due to its prime location.
Just a few steps away from:
North Burleigh Beach, one of the finest beaches on the Gold Coast!
Surf Club, Coles, Aldi, Pharmacy, Miami Medical Centre, Bottle Shop, Gyms, Bakery, and the list goes on!
Variety of cafes and dining options
Beach walks and bike rides along the promenade to Burleigh National Park, James Street lifestyle precinct, boutique breweries, restaurants and bars
Property Features -
1 Common Living, Bed and Dining area, 1 Bathroom and 1 Car Park
34sqm internal plus 6sqm balcony
Immaculate studio apartment bathed in natural light
Resort Style living
BBQ area and adjoining highly-rated Gold Coast restaurant and beer garden
Secure basement car park
Coin-operated laundry
Investment Potential -
Currently rented at $450 per week, on a periodic term until November (move in or continue to rent out, a good tenant has been living there for years now)
6.5%-7% Gross Long Term Rental Yield (Higher Rental Yield compared to properties around)
Low-maintenance
High Capital Growth Rate, circa 7% p.a. since 2006
Tramline will add capital growth once construction is completed
Higher returns with short term rental (Up to 9% Gross), based on current similar properties
Occupancy Rate 80-90%
Rate per Night $150-$200
Interior Highlights -
Open-plan design for a spacious feel
Modern finishes and neutral colour scheme
Well-equipped kitchenette with microwave and fridge
Air conditioning in the living area
All furniture included, inventory list provided to enquiring parties
Stylish and modern bathroom
Private balcony for enjoying morning coffee or sunshine
General Information -
First-home buyers can appreciate the affordability, convenience and low maintenance
Power usage included in body corporate fees
Onsite management team
Building secured by FOB access security system
Body corporate fees (including power) are circa $1690 per quarter
Council rates are circa $500 per quarter
Water (subject to use) is circa $300 per quarter
Inspections are via appointment. Please reach out if you're interested in having a private inspection.
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. *denotes approximate measurements.
Property History for 302/2007 Gold Coast Hwy, Miami, QLD 4220
- 31 May 2024Listed for Rent $420 / week
- 01 Mar 2024Sold for $330,000
- 01 May 2020Sold for $160,000
Recent sales nearby
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About 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 4,937 properties. Over the last 5 years, Houses in Miami have seen a 69.36% increase in median value, while Units have seen a 70.92% increase. As at 30 June 2026:
- The median value for Houses in Miami is $2,003,826 while the median value for Units is $1,140,650.
- Houses have a median rent of $1,100 while Units have a median rent of $868.
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