OFF MARKET

39/118 Highfield Drive
Merrimac QLD 4226

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 102m2
Land area: 13m2
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Property Details for 39/118 Highfield Dr, Merrimac

39/118 Highfield Dr, Merrimac is a 3 bedroom, 2 bathroom Townhouse with 3 parking spaces and was built in 1994. The property has a land size of 13m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Townhouse
Year Built
1994
Floor Size
102m2
Land Size
13m2
Local Government
Gold Coast City
Lot/Plan
39/GTP102276

Last Listing description (October 2022)

This is without a doubt the best buy around! Be sure to put this property on your shortlist!
A rare opportunity to purchase a spacious 3 bedroom, 2 bathroom town house with both a single lock up garage and 2 additional car spaces.

Located 5 mins from Robina Town Centre, Robina Hospital, Train Station, CBUS Stadium, Mudgeeraba Village, Firth Park, and M1 with Public Transport at the gate. Adjacent to All Saints Anglican School (one of the top schools on the Gold Coast) as well as St. Michaels Catholic college, Merrimac Primary School and several other private and public schools.

15 min drive to world class beaches, Pacific Fair Shopping Centre, Broadbeach and the casino.

Features include:
- Extremely low body corporate ($40 p/wk) (after discount)
- 3 large bedrooms, master with air conditioning, walk-in robe and en-suite bathroom
- Balcony off master bedroom
- 2 bathrooms (main bathroom with bath and separate shower)
- 3 Toilets (2 upstairs & 1 down stairs)
- 3 car accommodation (single lockup garage with internal access) plus 2 driveway parks
- Open plan living/dining/kitchen with air conditioning, separate laundry opening to a fully enclosed back yard
- Spacious kitchen with a large corner pantry, plenty of cupboards & bench space
- Room for a dishwasher
- Storage under stairs
- Small complex (41 units)
- Elevated with excellent breezes
- Tenanted property (lease ends 21 November 2022)
- Electric hot water system
- Fly screens & security screens
- Land area 153 square metres. Internal area 134 square metres
- Rates & Water Rates approx $3800 pa
- Rental potential between $530 - $550 per week
- The complex includes an in-ground swimming pool with a beach end and a huge recreational area
- Peace, tranquillity and wide open space are a feature of this well managed complex You will search long and hard to find a property that offers everything you are getting here for such a great price.
Inspection by appointment, 24 hours notice required for the tenant

Property History for 39/118 Highfield Dr, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$544,900
31 Aug 2022
Listed for Rent
$495/w
20 Oct 2021
  • 31 Aug 2022
    Sold for $544,900
  • 20 Aug 2022
    Listed for Sale Offers above $530,000
  • 20 Oct 2021
    Listed for Rent $495 / week
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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.