OFF MARKET

330/5 Bourton Road
Merrimac QLD 4226

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 52m2
Land area: 102m2
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Property Details for 330/5 Bourton Rd, Merrimac

330/5 Bourton Rd, Merrimac is a 2 bedroom, 2 bathroom Townhouse and was built in 2008. The property has a land size of 102m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Townhouse
Year Built
2008
Floor Size
52m2
Land Size
102m2
Local Government
Gold Coast City
Lot/Plan
330/SP211580

Last Listing description (October 2022)

UNITS 314 & 314 (LOT 330/5 BOURTON RD MERRIMAC) INCLUDES 2 x LOW SET VILLAS - BOTH CURRENTLY LONG TERM TENANTED - SOLID RETURNS

Virtual tour for villa 314 - https://my.matterport.com/show/?m=e7wypgNSyA9
Virtual tour for villa 313 - https://my.matterport.com/show/?m=Spic38jgpTC

(You will need to cut and paste the links into your browser to view)

Each of the units are furnished and equipped with:
Lowset brick build, with separate lounge, bed and bathrooms – built 2006
One bedroom with single bed, air conditioning, ceiling fans, built in robe and access to washing line and open air terrace/patio
One bathroom - combined laundry with washer and dryer
Neat kitchenette with fridge and microwave
Lounge, and dining table with chairs
Security screens to all windows and doors
Smoke detectors (Level 1 Fire Safety rating)

INCOME & EXPENDITURE: Lot 330 - unit numbers 313 & 314
Rental income: $559pw = $29,068 p/a
Rental management fees 8.25% of rent includes GST
(each villa currently tenanted at $279.50 per week)
Council Rates: $2040 per year approx. Water $1600 per year approx
Body corp/caretakers levies: $7025 approx per annum - includes building insurance, public liability insurance, admin/sinking fund levies, common area maintain (fees are tax deductible)

*These figures are approx only and we advise that all buyers do their own due diligence

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To make for comfortable and care-free retirement living the current residents

2 nutritious home-style meals and snacks daily
Car parking spaces available for visitors and residents
A Visiting hairdresser & Laundry service
BBQ and in-house social events
Pharmacy visits and house calls at anytime
Small pets allowed in villas only (small dogs, cats, birds and fish)
Community room for entertainment which has a library of books/ videos for borrowing
(meals and other added services at the residents cost, or as included in the lease terms)

ABOUT THE COMMUNITY
'Westminster House' pioneered and developed this Queensland’s rental retirement living.
Consisting of Studio style units, and single level villas of single accommodations that are fully resourced servicing those looking for assisted living accommodation, offering 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 on your investment with the bonus of having full time managers onsite to help with the residents everyday needs.

Bougainvillea Lodge 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 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 330/5 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$260,000
23 Sep 2022
  • 23 Sep 2022
    Sold for $260,000
  • 23 May 2022
    Listed for Sale Offers Over $259,000
  • 12 Jun 2014
    Listed for Sale $115,000
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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 3,044 properties. Over the last 5 years, Houses in Merrimac have seen a 90.09% increase in median value, while Units have seen a 81.67% increase. As at 31 July 2024:

  • The median value for Houses in Merrimac is $982,371 while the median value for Units is $686,178.
  • Houses have a median rent of $770 while Units have a median rent of $675.
There are currently 28 properties listed for sale, and 6 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 169 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.