Studio | 1 Bathroom | 1 Secure Basement Car Space

221, 222 - TWO SEPERATE UNITS FOR SALE

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. $1,690 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.