Studio | 1 Bathroom | 1 Secure Basement Car Space
Set in a highly sought-after pocket of Miami, this stylish and low-maintenance studio apartment offers exceptional value for first-home buyers and astute investors alike. With a prime location just steps from North Burleigh Beach and an array of local conveniences, this well-appointed property combines lifestyle and strong rental returns-making it one of Miami's highest yield investment opportunities.
Key Features
Versatile open-plan layout combining living, bedroom, and dining
1 contemporary bathroom
1 secure basement car space
Resort-style complex with BBQ facilities, onsite restaurant
Secure FOB access and professional onsite management
Coin-operated laundry facilities
Interior Highlights
Light-filled, airy design open plan
Functional kitchenette with microwave and fridge
Air conditioning for year-round comfort
Private balcony
Location Benefits
A prime position in the heart of Miami, walking distance to:
North Burleigh Beach and coastal walking paths
Coles, Aldi, Surf Club, Pharmacy, Medical Centre, Bottle Shop, Gyms, Bakery
Trendy cafés, restaurants, and Surf Clubs
James Street lifestyle precinct and Burleigh National Park
Investment Highlights
Periodic lease currently in place
Estimated 6.5%7% gross yield (long-term rental)
Potential up to 9% gross yield with short-term rental (e.g. Airbnb)
Consistently high occupancy rate of 80%90%
Nightly rates $150$200 for comparable properties
Strong capital growth history (approx. 7% p.a. since 2006)
Future tramline infrastructure set to enhance value further
Outgoings
Body corporate (incl. electricity): approx. $1,728 per quarter
Council rates: approx. $1250 per quarter
Water (usage-based): approx. $300 per quarter
This is your chance to secure an affordable coastal property with solid returns and exceptional lifestyle appeal.
Open homes will be held check the schedule online or contact us for more information.
Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here. This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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