In my long career as an agent I've never had this happen but the buyer has decided to stay in W.A and is terminating this unconditional sale reluctantly. Here is your chance to secure the property NOW before another savy buyer picks up this deal which will one day be a great re-development site but a perfect investment property or airbnb pad/home for someone. This cozy studio spells out Potential….A fantastic opportunity here for an astute investor keen to pick up some realestate in this old building in a prime location of Miami and located on the beachside of the GC Highway. There are 24 apartments located in this three-storey walk up which was once a very trendy motel back in the 70s. The property itself sits on a large parcel of land consisting of 2174sqm of flat land and this is a great opportunity to 'land bank', live here or airbnb this pad out - the choice is yours! The seller is keen to move on as he has been living between here and Brisbane and is now permanently based up in Brisbane so has decided to sell this very handy and convenient unit in 'Miami Pacific' One block to Miami Beach and surf Life Saving Club, stroll to Don Mcsween Park, Tennis Club across the road and the proposed new light rail station just in front will just add to the convenience of and stroll to shops including Coles Miami and much more with many amenities and facilities all within a short walk of this home • Ground floor studio style apartment approx 30sqm internally 'Miami Pacific' • Spacious bathroom and small kitchenette with plenty of space for a large fridge • Air-conditioned pad which won't take long at all to cool down • Currently owner occupied and available asap for a new owner to move in • Building circa approx 1975. Expected rental return approx $260-$280 p/wk • Body corporate $62 per week including building insurance • Small pets allowed but subject to body corporate approval • Fantastic potential for re-development site (land approx 2174sqm) • Undercover carport for each property on title which is allocated • Facilities include; large pool, undercover BBQ area, shared laundry, security gated • One block from Miami Beach, opp Miami Tennis Club, stroll to parks, shops, transport and trendy Nobby Beach • Water rates approx- $311.15 per 3 months. Rates approx. $844.65 per 6 months For further information on this home or to arrange an inspection, please call Michael Elliss on 0402 858 174