FOR SALE
Offers Over $700,000

129/8 Ghilgai Road
Merrimac QLD 4226

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Investor's Delight in Flourishing Market Location!

Attention investors! Welcome to your next income-generating opportunity at Lakeland Villas in Merrimac, QLD! This attractive, immaculately maintained unit comes with stable tenants in place, offering immediate rental income. Simply make an offer, secure the property and watch the income roll in! Featuring three bedrooms, two bathrooms, a spacious living area, air conditioning, and a fantastic backyard space, this property is the perfect addition to your investment portfolio. Don't miss out on this hassle-free investment with guaranteed returns!
Safely Invest in your future today!
Features include:
• Spacious Open-Plan Living and Dining Area: Perfect for modern living and entertaining.
• Well-equipped kitchen: Features plenty of storage, breakfast bar, electric cooktop, dishwasher, wall oven & microwave recess.
• Master Suite: Includes large mirrored robes, ensuite with shower, spacious vanity, and toilet.
• Two Additional Bedrooms: Generously sized with ceiling fans and built-in mirrored robes.
• Single Lock-Up Garage: Plus additional parking at the front for convenience.
• Great Backyard Space: Ideal for outdoor activities and relaxation.
• Main Bathroom: Offers a bathtub, shower, large vanity, and mirror, and a separate toilet
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Property Details for 129/8 Ghilgai Rd, Merrimac

129/8 Ghilgai Rd, Merrimac is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with Raine & Horne Coomera.

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Unit

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About Merrimac 4226

The size of Merrimac is approximately 9 square kilometres. It has 12 parks covering nearly 12.9% of total area. The population of Merrimac in 2011 was 6,320 people. By 2016 the population was 7,097 showing a population growth of 12.3% in the area during that time. The predominant age group in Merrimac is 30-39 years. Households in Merrimac are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrimac work in a trades occupation. In 2011, 57.1% of the homes in Merrimac were owner-occupied compared with 50.8% in 2016.

Merrimac has 3,043 properties. Over the last 5 years, Houses in Merrimac have seen a 80.38% increase in median value, while Units have seen a 91.92% increase. As at 30 November 2024:

  • The median value for Houses in Merrimac is $955,365 while the median value for Units is $719,831.
  • Houses have a median rent of $805 while Units have a median rent of $700.
There are currently 26 properties listed for sale, and 5 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Merrimac.

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Jasmin Turpin
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Flynn Donnellan
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Raine & Horne Coomera
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