Miami has long been a locals secret. Kept secret because it is so close to the beach. It is astonishing you can buy commercial land this close to the beach. Geographically positioned in the middle of the Gold Coast, metres from some of the most expensive real estate in Queensland.
This low impact industry zoned property has been in the same family for 20 years and is now being offered to the market for the first time.
With 610m2 of land there is a residential tenant in place on a periodic arrangement. There is a large shed of approximately 85m2 at the rear of the property with an additional undercover slab. This property has holding income, so you can landbank, owner occupy or redevelop.
39 Paradise Avenue is surrounded by a mix of residential and commercial properties in a thriving enclave. It is perfectly placed to maximise the current growth and urban renewal around the Gold Coast. Into the future it will be even more desirable with increased density and population growth forecast.
- 610m2 land
- 4 bedroom house (tenanted)
- Zoned Low Impact Industry
- Strong local area
- 15m frontage
- Just off the Gold Coast Highway and Pacific Ave main arterial road
- Current holding Income of $21,840*pa
This is one of the last remaining underdeveloped blocks in the Miami Industrial estate.
For more details, please email agent