221/5 Bourton Road

Merrimac QLD 4226

Assisted Living at Westminster House offers your tenants a peaceful lifestyle with privacy and security, within a friendly communal environment. Virtually no vacancy, with a waiting list to live here, so you can enjoy the secure returns and protection of your investment with the bonus of having full time managers onsite to help with the residents everyday needs.

The neat single level villa comes fully equipped/white goods, ready for any tenant to move in and features, a kitchenette, open plan lounge area with durable flooring, queen sized bedroom with built-in robe, air conditioning/ceiling fans, large bathroom/combined laundry with washer/dryer, security screen, privacy blinds, and undercover patio at front and open air patio at the back.

All the units have a good long term tenants already in place, paying $290 per week!
Rental income: $15,080 per year per unit
Council Rates: $2100 per year per unit
Water Rates $1060 per annum approx
Rental management Fees $1150 per year approx
Body corp/caretaker levies: $2780 per annum (per unit) approx
Outgoings = $7090 approx per annum

Levies include, building insurance, public liability insurance, admin/sinking fund levies, caretaker fees, common area maintain (Tenants pay for own electricity usage/owner pays for water rates) (figures are approx and buyers should do their own due diligence)

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. Soon, there will be a train station within 10 mins walk.

Merrimac Tavern 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 Town Centre. 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