OFF MARKET

311/5 Bourton Road
Merrimac QLD 4226

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 36m2
Land area: 35m2
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Property Details for 311/5 Bourton Rd, Merrimac

311/5 Bourton Rd, Merrimac is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 35m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2008
Floor Size
36m2
Land Size
35m2
Local Government
Gold Coast City
Lot/Plan
311/SP211580

Last Listing description (September 2021)

Welcome to ''Bougainvillea Lodge" this centrally located Over 50's' pensioner living is a great no fuss investment. There is already a long term resident in place, and they are fully equipped and well catered for with 4 meals provided every day in a peaceful and social living environment within walking distance to shops, transport and other amenities.

There is currently little to no vacancy in this community, with a long list of residents expressing interest if one should become available in the future, giving you great long term security on your investment.

PROPERTY FEATURES/INCLUSIONS: ALSO SEE PLAN

Unit income $14,300 p/a (currently renting at $275pw) increases with the pension rate
Management (rental) fees 8.25% (includes gst)
Rates $850 per half year approx
Water $199 Quarter approx

$4800 bc fees per annum - includes building insurance, public liability insurance, admin/sinking fund levies, common area maintain (fees are tax deductible except sinking fund payments)

This unit has a neat lounge room, a central bathroom/laundry, and bedroom with built in robe and a sliding door to outdoor area. Open plan design with kitchenette, electric/white goods/some furniture/home wares provided for tenants (see itinerary)

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 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)
Great friendly onsite caretakers

Bougainvillea Lodge is centrally located at peaceful Merrimac, easy access to all the Gold Coast has to offer. One min to Pacific Highway, and 15 mins 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

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.

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.

Dont miss out on this great opportunity! For more information please call Taya today,

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 311/5 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$115,000
15 Jul 2021
  • 15 Jul 2021
    Sold for $115,000
  • 15 Oct 2020
    Listed for Sale SOLD
  • 07 Feb 2017
    Sold for $107,000
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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.

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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.