OFF MARKET

2105/31 Bourton Road
Merrimac QLD 4226

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 92m2
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Property Details for 2105/31 Bourton Rd, Merrimac

2105/31 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 92m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
Unit
Year Built
2015
Floor Size
82m2
Land Size
92m2
Local Government
Gold Coast City
Lot/Plan
2105/SP275619

Last Listing description (May 2024)

Discover a hidden gem in Merrimac welcome to a 2-bedroom, 2-bathroom haven on level 1 at Sage Apartments. This residence, a perfect blend of comfort and sophistication, invites you to experience modern and convenient living.

Key Features:
Open Plan Living: Experience spacious and contemporary open-plan living areas that seamlessly connect to a private balcony overlooking nature, offering the perfect retreat from city life.

Masterful Bedroom Suite: Indulge in the stunning master bedroom with a walk-in wardrobe featuring built-in cabinetry and a modern ensuite, creating a luxurious haven within your home.
Gourmet Kitchen: The gallery-style kitchen is a culinary delight, adorned with stone benchtops, feature lighting, stainless steel appliances, and soft-close cabinetry. An adjoining laundry adds extra convenience and can double as a butler's pantry.
Work From Home Space: A dedicated study nook at the entry provides an ideal space for those working from home, ensuring a perfect blend of professional and personal life.
Modern Comforts: Enjoy the comfort of split-system air-conditioning and LED lighting throughout the apartment.
Immaculate Complex: The Sage Apartments complex is well maintained, featuring professional onsite managers, two swimming pools, BBQ facility, and secure gated intercom access.
Convenient Location: Merrimac is a thriving suburb, centrally located on the Gold Coast with easy access to over 90% of the population within a 30-minute drive. Quick access to the M1 ensures convenient commutes north to Brisbane or south to the vibrant southern Gold Coast.

Financial Details:
Market Rental Appraisal: $600-$620 per week
Body Corporate: $68.00 per week approx.
Current Tenant: In place until 7/2/2025, paying $575 per week, representing an approximate 5% gross return.

Exclusive Viewing: Explore the beauty and convenience of Sage Apartments. Contact us to arrange an exclusive viewing and unlock the door to modern, convenient living in Merrimac. Don't miss out on this hidden gem!

Property History for 2105/31 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$362,000
19 Aug 2015
  • 20 Dec 2023
    Listed for Sale Interest From $599,000
  • 19 Aug 2015
    Sold for $362,000

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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 3,045 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.
There are currently 32 properties listed for sale, and 8 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

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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.