Lot 4105/31 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 92m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Merrimac in the last 12 months.
This delightful apartment located on the first floor in building four of 'Sage Apartments' is facing East with views out over the parklands with some filtered city views and glorious morning sunshine - a perfect place to enjoy breakfast!
The owner of this near new property sadly has moved out due to work commitments and has had to rent the property out. The owners intentions were to keep it as an investment property but after purchasing another property they have decided that they would like to sell the apartment as soon as possible. This would be a great investment property with great tenants in place and low outgoings.
A great opportunity for the astute investor. Happy to discuss options also if you are an owner occupier looking to move into the home.
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:
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