FOR SALE
$1,700,000

Contact Agent For Address
Merrimac QLD 4226

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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$188,232 High Net Profit + 3-Bedroom Townhouse - ID 9017

Permanent Management Rights for Sale
$111,974 + GST Large Salary with Easy Duties
- Stable body corporate salary of $136,083 plus GST, forming a large percentage of the total income, with annual CPI increases.
- No set office hours—enjoy flexible arrangements, perfect for a semi-retirement lifestyle.
- Simple and manageable caretaking duties, leaving you ample time to pursue other jobs or earn additional income.
- Permanent rental pool with only 16 units and 1 lock-up; a very small percentage of the rental roll.
- High net profit of $188,232.
- Long-term agreement of 25 years, with 22 years remaining.
- Modern 2-level townhouse featuring 3 bedrooms, 2.5 bathrooms, a double garage, and air conditioning.
- Includes a large courtyard and two storage areas.
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Property Details for Contact Agent For Address, Merrimac

Building Type
Commercial
Floor Size
1m2

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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 3,025 properties. Over the last 5 years, Houses in Merrimac have seen a 80.52% increase in median value, while Units have seen a 83.03% increase. As at 31 October 2024:

  • The median value for Houses in Merrimac is $961,572 while the median value for Units is $686,717.
  • Houses have a median rent of $800 while Units have a median rent of $725.
There are currently 28 properties listed for sale, and 5 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Merrimac.

Suburb Insights for Merrimac 4226

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Bill He
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Management Rights Sales Pty Ltd
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.