14/5 Bourton RoadMerrimac QLD 4226
Property Details for 14/5 Bourton Rd, Merrimac
14/5 Bourton Rd, Merrimac is a 3 bedroom, 3 bathroom Unit and was built in 1985. The property has a land size of 1133m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (June 2023)
LOT 14/5 BOURTON RD MERRIMAC - $229,000 + OFFERS - INCLUDES 3 x STUDIO UNITS - ALL CURRENTLY TENANTED
Each of the units are fully equipped for the tenants comfort with, a double sized bedroom and ensuite bathroom, plus bed, chair, cabinets/side tables, small fridge, microwave, air conditioning unit, ceiling fan and window blinds. Lower floor, Brick Construction, Built 1993. Rooms 4-5-6A on one title.
INCOME & EXPENDITURE
( rent is fixed and based around % of current pension rate)
OUTGOINGS
Admin fund $1994
Sinking Fund $956
Water Rates $1752
Council Rates $2100
General Exp for community $1500 ( includes electricity, common area/kitchen area, cleaning, other misc fees/repairs)
Management fees $2460
Caretakers Levy $9436
Total Outgoings = $20,198 per annum
After outgoings $22,702 (approx. 10% return)
*These figures are approximate only and we advise that all buyers do their own due diligence
*Please not with the virtual tour you can only see rooms 4 & 5 as one tenant is not well enough to get out of bed for us to complete the photos and tour) Please call Taya if you wish to inspect.
To make for comfortable and care-free retirement living the current residents, Westminster house assists by providing:
3 nutritious home-style meals and snacks
Car parking spaces available for visitors
A Visiting hairdresser & Laundry service
BBQ and in-house social events and entertainment on a regular basis
Pharmacy visits every week and house calls at anytime
Community room for entertainment which has a pool table, TV, library of books/ videos for borrowing
(meals and other added services at the residents cost)
ABOUT THE COMMUNITY (investors only sorry no owner occupiers)
Westminster House pioneered and developed this Queensland’s rental retirement living. Studio style units, and single level villas of the single accommodations that are fully resourced servicing those looking for assisted living accommodation. Assisted Living at Westminster House offers a peaceful lifestyle with privacy and security, within a friendly communal environment for its residents.
There is a strong focus on making Residents feel supported and appreciated. The building of solid relationships is encouraged, but a high value is placed upon allowing residents the freedom to have their own space and privacy. You can enjoy the protection of security at all levels with the bonus of having full time managers onsite to help with the residents everyday needs.
Westminster House is centrally located at peaceful Merrimac, very central to all the Gold Coast has to offer. Easy access to Pacific Highway to Broadbeach via Gooding Drive past Carrara Markets. Worongary Shopping centre with Coles and 40 shops is 500m away. Within 2 years we will have a train station within 5 mins walk away.
Merrimac Tavern with pokies and TAB is less than 1km away; Mcdonalds, Coffee Shops & Take Away, all an easy walking distance and only around 10 mins drive major shopping centres of Pacific Fair, Robina,
Beautiful Gold Coast’s beaches and hinterland are only 15 minutes’ drive away; Brisbane CBD is less than one hour drive on M1
Disclaimer: In the preparation of this document, we have used our best endeavours to ensure that the information contained herein is true and accurate, and accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify any information contained herein
Property History for 14/5 Bourton Rd, Merrimac, QLD 4226
- 01 Jun 2023Sold for $223,500
- 26 Apr 2023Listed for Sale under offer
- 10 Jun 2022Sold for $230,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 3,045 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.
Suburb Insights for Merrimac 4226
Market Insights
Merrimac Trends for Houses
N/A
N/A
View TrendN/A
N/A
Merrimac Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
