44 Christine Avenue, Miami QLD 4220

Dual living on one title | Original beachside cottage + rear flat | 500m to beach | Busy business precinct | Tenanted rear unit This property presents a rare dual-income opportunity within a single title, combining an original character cottage with a modern rear flat. Its position 500 metres from Miami beach and within a busy commercial precinct ensures strong rental demand and convenience. The configuration is ideal for an owner-occupier seeking mortgage assistance via the tenanted rear unit, or for an investor targeting two income streams from a single, high-demand location. The upcoming light rail completion further solidifies its long-term positional strength. Key risks include the flood overlay, which necessitates insurance and due diligence costs, and the busy precinct potentially affecting amenity. The significant price premium over estimated values requires a commercial justification based on the dual-living income. The opportunity lies in holding the property to benefit from rental growth and infrastructure-led capital appreciation. Proceed only if the combined rental yield supports the premium, otherwise the numbers fail to justify the current asking price against its inherent constraints.