RWC Retail proudly announces the offering of the Miami Village shopping centre for sale, presenting a prime investment opportunity in the heart of the Gold Coast. The property will be available via Expressions of Interest, closing Wednesday, 24th July at 4pm (AEST). RWC agents Lachlan O'Keeffe and Michael Feltoe will be negiotating the sale.

Miami Village is a well-established convenience-based shopping centre strategically located in Miami, Gold Coast. It features a diverse mix of tenants including healthcare services, convenience stores, and popular food & beverage outlets. Key national tenants such as BWS with a 28-year lease, Chempro Chemists with a 12-year lease, and Pearl Energy ensure stable rental income and long-term occupancy. Complementing these are essential healthcare services like a Medical Centre, Dentist, and Vet, catering to the community's needs.

The centre spans 1,686sqm across a single-level building, accompanied by a standalone 4-bowser service station. With a Weighted Average Lease Expiry (WALE) of 2.34 years by income, Miami Village demonstrates robust financial performance, projecting an estimated Fully Leased Net Income of approximately $692,344 + GST per annum.

Strategically positioned on a prominent 7,160sqm site with triple street frontage, Miami Village enjoys high visibility and accessibility within the bustling Miami neighborhood. Miami itself is a thriving community situated between Broadbeach and Burleigh Heads, home to a vibrant population exceeding 8,000 residents. The area benefits from proximity to multiple schools, including the reputable Miami State High School.

Future connectivity enhancements include the extension of the Gold Coast Light Rail, with a station planned just 1km* from the centre by 2025, further bolstering accessibility and foot traffic. Miami Village stands out as the only shopping centre in the area offering convenient at-grade parking with 84 bays, making it the preferred choice for local shoppers seeking hassle-free access.

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