Property Details for 334-335/5 Bourton Rd, Merrimac
334-335/5 Bourton Rd, Merrimac is a 1 bedroom, 1 bathroom Townhouse.
Last Listing description (December 2023)
Welcome to ''Bougainvillea Lodge" a centrally located over 50's pensioner rental accommodation the heart of the Gold Coast!
This great little villas are a secure 'no fuss' investment. There is already a great long term tenants in place, and they are fully equipped and well catered for in a peaceful and social living environment within walking distance to shops, transport and other amenities.
There is currently no vacancy in this community, with others expressing interest to move in if one should become available in the future, giving you great long term security on your investment. (sorry no owner occupiers due to the scheme these units operate under)
Virtual tours (cut and paste link into your browser)
https://my.matterport.com/show/?m=vu2YthRmem8 - unit 334
https://my.matterport.com/show/?m=fRL2j2zzfKa - unit 335
INCOME & OUTGOINGS
Unit income $14,560 p/a (per unit)
Rates $2,100 per year approx (per unit)
Water $1080 per year approx (per unit)
Management fees approx 8.25% (includes gst) $21.50 pw approx
Landlords insurance $580.000 per annum
Body corp and caretaker levies $3552 bc fees total per annum - (approx $69 per week) includes building insurance, public liability insurance, admin/sinking fund levies, common area/building maintenance.
These units each have a open plan lounge room featuring a kitchenette, a central bathroom/combined laundry, and double sized bedroom with built in robe and a sliding door to outdoor area/sunny open air patio. Washing machine, air conditioning and fridge included.
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 15 - 18 months 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
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 334-335/5 Bourton Rd, Merrimac, QLD 4226
- 25 Aug 2023Listed for Sale Offers Over $119000
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0About 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 3,026 properties. Over the last 5 years, Houses in Merrimac have seen a 80.52% increase in median value, while Units have seen a 83.03% increase. As at 31 October 2024:
- The median value for Houses in Merrimac is $961,572 while the median value for Units is $686,717.
- Houses have a median rent of $800 while Units have a median rent of $725.
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