SOLD
Sold on 12 May 2024 for $646,000

31 Bourton Road
Merrimac QLD 4226

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 82m2
Land area: 103m2
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Property Details for Lot 3106/31 Bourton Rd, Merrimac

Lot 3106/31 Bourton Rd, Merrimac is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 103m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Merrimac in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
82m2
Land Size
103m2
Local Government
Gold Coast City
Lot/Plan
3106/SP280251

Last Listing description (June 2024)

This 2-bedroom, 2 bathroom apartment is located in Building 3, on level 1 which has the unique difference of having balconies off each bedroom.

This stunning apartment has been stylishly finished and features:
- 2 Bedrooms both with air-conditioning & balconies

- 2 Bathrooms
- Spacious open plan air-conditioned living & dining
- Gourmet kitchen with stone bench tops & quality appliances
- Separate laundry
- Balcony entertaining areas with scenic outlooks
- 2 sought car spaces, tandem undercover configuration so both vehicles dont get weathered and are perfectly located directly opposite the lobby entry to this apartment.
- Located on Level 3 offering panoramic views
- Pet friendly complex
- Low Body Corporate approx. $68 per week
- Currently tenanted with quality tenants until July 2024 @ $680 PER WEEK

This is a great investment opportunity for the following reasons:
- The apartment is tenanted and would ideally suit an investor.
- This apartment has 2 undercover car spaces, the most sought after for renters, predominately being working professionals and these days many have nice cars they want to protect from weathering.
- Located on level one appealing to a broader range of tenants not wanting lots of stairs.

COUNCIL/WATER RATES (outgoings)
Approximately $2,500 per annum

BODY CORPORATE FEES (outgoings)
Approximately $884.86 per quarter

STANDARD APARTMENT FEATURES
40mm stone bench tops to kitchen
Ceramic bench top hotplates with range-hood exhaust
Stainless steel appliances
Glass splash back
Laminate timber flooring, tiles & carpet throughout
Tiled balcony
Walk in robe to master
Clothes dryer

COMPLEX FEATURES
3 hectares of private parklands
Concrete driveways and pathways
On-site manager
Established gardens
Two swimming pools
Visitor car parking
BBQ facilities with generous outdoor entertainment areas
Audio Intercom System to all apartments

Perfectly located to enjoy the serenity of your surroundings whilst offering the convenience of local amenities, the residence is only minutes from Robina Town Centre and just a short drive to Bond University, the M1 and the region's iconic beaches and lifestyle. The Merrimac area is now being recognised as a standout location for commuters and easy access to the rapidly growing Robina business precinct.

For more information or to arrange a private inspection contact Anthony Steinberg on 0439 999 969

Property History for Lot 3106/31 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$646,000
12 May 2024
  • 12 May 2024
    Sold for $646,000
  • 09 May 2024
    Listed for Sale SOLD $646,000 by Anthony Steinberg & Louise Thom
  • 13 Feb 2023
    Sold for $535,000
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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 3,046 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 9 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Merrimac.

Suburb Insights for Merrimac 4226

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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.