OFF MARKET

205/5 Bourton Road
Merrimac QLD 4226

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 1455m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 205/5 Bourton Rd, Merrimac

205/5 Bourton Rd, Merrimac is a 1 bedroom, 1 bathroom Townhouse and was built in 2006. The property has a land size of 1455m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Townhouse
Year Built
2006
Floor Size
52m2
Land Size
1455m2
Local Government
Gold Coast City
Lot/Plan
205/SP191528

Last Listing description (April 2021)

Westminster House pioneered and developed this Queensland’s rental retirement living. Each of the single accommodations 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 living onsite to help with everyday needs.

Each of the 80 single units are fully furnished and equipped with:

One bedroom with single bed, air conditioning, built in robe and access to washing line and nice terrace with green outlook
One bathroom/combined laundry with washer and new dryer
Neat kitchenette with fridge and microwave
Television and lounge, dining table
Ceiling fans in bedroom and living area
Security screens to all windows and doors
Smoke detectors (Level 1 Fire Safety rating)

Income and expenditure:
Rental income: $14,300 (currently tenanted at $275 per week) increases with the pension rate
Rates: $822 per half year approx
Water $115 per quarter approx
Rental management fees 8.25% of rent
Body corp levies: $2404 gross per annum - includes building insurance, public liability insurance, admin/sinking fund levies, common area maintain (fees are tax deductible except sinking fund payments) net return approx. 7%

More Assisted Living Facilities
To make for comfortable and care-free retirement living you will find the in-house services all add to your peace of mind. They will take away any concerns about getting around in the community. The centre provides 3 nutritious home-style meals and snacks for the residents. There is a community room for entertainment which has a library of books and videos for borrowing.

Westminster house assists by providing:
Covered Walkways to dining room and community room
Car parking space
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
Small pets allowed (small dogs, cats, birds and fish)

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 205/5 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$121,000
03 Feb 2021
  • 03 Feb 2021
    Sold for $121,000
  • 09 Oct 2020
    Listed for Sale SOLD BY TAYA RICH
  • 21 Aug 2018
    Sold for $127,000
Sign in to see more transactions

Commute Calculator

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 3,046 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 32 properties listed for sale, and 9 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Merrimac.

Suburb Insights for Merrimac 4226

Market Insights
Merrimac Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Merrimac Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.