FOR SALE
$345k MR & $755k Unit = Total $1.1M

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Merrimac QLD 4226

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Live the perfect balance of business and lifestyle at Tudor Rose

Live the perfect balance of business and lifestyle at Tudor Rose – a secure caretaking role with a renovated home, just minutes from the beach and premier shopping on the Gold Coast."
Tudor Rose Management Rights in Merrimac, Gold Coast, is an exceptional caretaking-only business opportunity that combines lifestyle and convenience. With a solid annual salary of $94,473 and 22 years remaining on the management agreement, this position offers stability and a manageable workload across 48 units—10 of which are managed by outside agents, and can be worked on to get back in the letting pool thus increasing your Nett profit. The package includes a beautifully renovated 3-bedroom, 1-bathroom Townhouse, 1 HUGE office (which could a fourth bedroom) providing modern and comfortable on-site living. There is a very large (very large) backyard with big shed, with landscape gardens. This space offers room for a fire pit, complete with bench seating for a perfect outdoor entertaining area.
Located just 10 minutes from the famous Gold Coast beaches, Tudor Rose is also close to premier shopping hubs like Robina Town Centre and Pacific Fair, as well as top-tier schools, parks, and dining options. This makes it a perfect balance of business and leisure, providing a prime investment opportunity for first-time management rights buyers or experienced operators.
With its manageable duties, excellent location, and long-term security, Tudor Rose is an outstanding choice for anyone looking to secure a lifestyle-rich business venture on the stunning Gold Coast. Can be run by one person with no office hours.
Call Kerrie Lush 0416 084 693

Property Details for Contact Agent For Address, Merrimac

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Commercial

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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 3,031 properties. Over the last 5 years, Houses in Merrimac have seen a 88.29% increase in median value, while Units have seen a 76.72% increase. As at 30 September 2024:

  • The median value for Houses in Merrimac is $979,313 while the median value for Units is $661,387.
  • Houses have a median rent of $775 while Units have a median rent of $690.
There are currently 29 properties listed for sale, and 10 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Merrimac.

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Kerrie Lush
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Paul Mueller
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