5 Bourton RoadMerrimac QLD 4226
Property Details for Lot 100/5 Bourton Rd, Merrimac
Lot 100/5 Bourton Rd, Merrimac is a bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 5095m2. While the property is not currently for sale or for rent, it was last transferred in March 2013.
Last Listing description (February 2016)
Close to Robina-This is a unique business-Income increases with the pension. This is a rental retirement community. Rents & fees are deducted from pension income and paid directly to the managers. This would be a great family business as the purchase includes two nicely appointed 3 bedroom Managers' residences. The manager organizes and supervises the provision of food daily. The real estate value includes the 2 units plus Commercial kitchen, storage area and shed. The net profit is over $300,000.
Second Home(built 2006) is upstairs 3 bedroom with open plan living & air conditioning. Has dining room & kitchenette down stairs, office & storage room.
Includes extensive inventory & intellectual property
Property History for Lot 100/5 Bourton Rd, Merrimac, QLD 4226
- 08 Sep 2015Listed for Sale $1,840,000
- 06 May 2015Listed for Sale $1,840,000
- 07 Mar 2013Transferred for $1,870,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
/assets/perm/75cugsp7aei6tbhwg7z33xlezm?signature=8bfdfc8c7845300a687f4938fcf5af7214eefec3bf2ad761492e617e153fd981){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 3,027 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.
Suburb Insights for Merrimac 4226
Market Insights
Merrimac Trends for Houses
N/A
N/A
View TrendN/A
N/A
Merrimac Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.