40 Hillcrest Parade, Miami QLD 4220

Situated on the crest of a hill looking east and positioned in the emerging part of Miami, this 478 sqm property will certainly appeal to investors and developers alike. Currently rented as (4) separate units, the excellent rental return allows the potential investor a very good income stream and a potential developer an income whilst plans are approved via council. Currently zoned a low density Res A property, this property consists of an original dwelling with 2 bedrooms and bathroom upstairs, a large area downstairs plus two separately leased studio apartments at the rear of the property which are due to expire in April 2022.
Outgoings
Current general rates = $2655.12 ($51.06 per week)
Current water rates = $1542.40 ($29.65 per week)
What a place to live……enjoy the large selections of international food and live music at the local Miami Marketta, join the local scene at The Henchman, Specs and nearby Nobby's Beach café precinct or simply stroll or ride your bike to the magnificent Miami Beach.
Close to Miami High School, public transport including the new light rail project and other speciality businesses, you have a community that is rival to none. Situated in a highly sought after area and within the fastest growing region on the Gold Coast, your investment will be financially secured.
This won't last, so get in now before you miss out. Private inspections only from Tuesday 4th January 2022