OFF MARKET

1207/31 Bourton Road
Merrimac QLD 4226

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 93m2
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Property Details for 1207/31 Bourton Rd, Merrimac

1207/31 Bourton Rd, Merrimac is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 93m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
2015
Floor Size
83m2
Land Size
93m2
Local Government
Gold Coast City
Lot/Plan
1207/SP275618

Last Listing description (March 2022)

This 2 bedroom 2 bathroom apartment is in a prime Gold Coast growth suburb.
You won't be disappointed with this modern, open green space view apartment with:
Premium gourmet stone kitchen with stain- less steel appliances, dishwasher & built in microwave.

Enjoy the luxury of high ceilings, impressive timber WIR, floor to ceiling tiled bathrooms & oak laminate flooring in living areas.
Take advantage of the additional storage in the 'surprise' off the kitchen that is an exciting multiple purpose space and a generous study nook.
1 Undercover allocated car space for exclusive use.
Relax and unwind on the spacious balcony and take in the beautiful leafy open space views.
Conveniently located just minutes to world class shopping, transport and restaurant precincts of
Robina Town Centre, Robina Hospital, Queensland TAFE, easy access to the Gold Coast commute.
Walk to local daycare, bus stop & All Saints Private School.
Retreat to the tropical pools and outdoor BBQ dining facilities in lush surrounds.
Only a few minutes drive to the local medical centres of Robina Hospital district, major sporting
stadiums & lavish golf courses.
Short 15 min drive to the spectacular beaches and nightlife of Broadbeach.
Private, quiet and secure location only seconds to the M1 and local rail.
A massive 3 hectares of allocated residents outdoor recreation greenspace at your doorstep.

Outgoings;
Body corporate - $65 per week (approx) Council rates - $1750 per annum (approx)
Currently tenanted until 4/9/2022 at $470 per week
[potential growth with current market rent is now $500 per week].
Represents a current 5.25% approx. gross rental yield with growth potential to 5.6%

COMPLEX FEATURES
3 hectares of private parklands
Concrete driveways and pathways
On-site manager
Established gardens
Two swimming pools
Visitor car parking
BBQ facilities with generous outdoor entertainment areas
Audio Intercom System to all apartments

For more information or to arrange a private inspection contact Anthony Steinberg on 0439 999 969

Property History for 1207/31 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$470,000
18 Jan 2022
Listed for Rent
$440/w
30 Oct 2019
  • 18 Jan 2022
    Sold for $470,000
  • 04 Dec 2021
    Listed for Sale Under Contract
  • 23 Jul 2018
    Listed for Rent - Price not available
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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 3,026 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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Disclaimer
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.