OFF MARKET

16/120 Highfield Drive
Merrimac QLD 4226

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 116m2
Land area: 161m2
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Property Details for 16/120 Highfield Dr, Merrimac

16/120 Highfield Dr, Merrimac is a 3 bedroom, 2 bathroom Townhouse with 3 parking spaces and was built in 1994. The property has a land size of 161m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Townhouse
Year Built
1994
Floor Size
116m2
Land Size
161m2
Local Government
Gold Coast City
Lot/Plan
16/GTP101534

Last Listing description (January 2024)

This home is full of character and ready for its new owner. Located in the peaceful and tranquil surrounds of Ponte Verdes Complex only minutes to Robina Town Centre, Worongary Shopping Village, Mudgeeraba Shopping Village, public transport and access to the M1, this property is a fantastic investment, first home or downsizer opportunity.

The complex offers fantastic family amenities with an in-ground pool, BBQ area, plenty of parking and even its own playground.

Featuring:

- Large master suite with balcony, massive WIR and private ensuite
- 2 further oversized bedrooms with built in robes
- Main bathroom offers plenty of space with a vanity, toilet, bath and shower
- Separate laundry and powder room downstairs
- Large open plan living and dining space with plenty of light looking out to the tranquil garden
- Air-conditioning on top and lower levels
- Single car garage with a car park on driveway plus additional car space allocated in complex
- Massive under stair storage
- Short walk to the complex amenities, pool, BBQ area, playground
- Pet friendly STBCA

- Rental appraisal $600 + per week
- Body Corporate approx $79 p.w
- Council rates: $1,400 per annum
- Water rates: approx. approx. $1,200 per annum

- Building and pest inspection reports available to view

The Location

Merrimac is an affordable and family-orientated area with many fantastic schools and parks for the kids to play and run around. Located very close to the prestigious All Saints Anglican School plus walking distance to public transport, Worongary Shopping Village and a range of restaurants, child cares, medical centres and more.
Only 15 minutes to the beach and less than a minute to the M1 exits north and south.

This property must be sold, contact Sarah Drew today on 0444 555 144 to arrange an inspection or for further information.

Property History for 16/120 Highfield Dr, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$650,000
23 Oct 2023
  • 23 Oct 2023
    Sold for $650,000
  • 16 Oct 2023
    Listed for Sale Offers over $599,000
  • 12 Jun 2002
    Sold for $120,000
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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 3,030 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 31 properties listed for sale, and 8 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 154 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.