97/8 Ghilgai Rd, Merrimac is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1999. The property has a land size of 133m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
This single-level villa is located on the east side of the M1, just north of Robina, making it an ideal property for those seeking a high-yielding investment, a first home, or downsizing. The convenient location offers easy access to amenities and attractions such as Robina Town Centre, Pacific Fair, and the Gold Coast's best surfing beaches, all within a 10-minute drive. Public transport is also available right at your doorstep, eliminating the need for a car. Additionally, the property boasts excellent on-site management.
Key features of this villa include:
Three oversized bedrooms with fans and built-in robes.
The property is within walking distance of excellent private and public schools, shops, a tavern, McDonald's, a service station, a bottle shop, parklands, and a bus stop. Furthermore, with plans for the new Merrimac train station, commuting to Brisbane CBD or Brisbane International Airport will become even more convenient in the future.
The current rental appraisal for this villa is $680 - $710 per week. Given the scarcity of single-level villas and the desirable location, it is recommended to act quickly to secure this coveted property.
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 3,030 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:
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