5 Bourton Road, Merrimac, QLD 4226 | Unit for sale | OnTheHouse
FOR SALE
UNDER CONTRACT

5 Bourton Road
Merrimac QLD 4226

Bedrooms: 3
Bathrooms: 3
Car spaces: -
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INVESTORS LOOK HERE - 3 FREEHOLD ROOMS ON ONE TITLE - SOLID RETURNS - BETTER THAN THE BANKS!

Westminster House is one of the Gold Coast’s original and most established assisted-living rental communities, purpose-built in 1993 and still in high demand today. Offering fully resourced, low maintenance studio units in a supportive environment, this development presents a rare opportunity for investors seeking secure returns and consistent occupancy.
PROPERTY FEATURES (one title) FREEHOLD - LOT 14 = 3 x STUDIO UNITS
3 x studio style bedrooms with ensuite bathroom, built-in robe, bar fridge, microwave, shelving
Air conditioning & ceiling fan, window blinds/curtains
Partly furnished: bed, chair, side tables, fridge, microwave (units vary)
Brick construction - Single-level access/disability friendly
Onsite management & long-standing 'hands on' caretaker
FINANCIAL OVERVIEW (please review sellers disclosure)
Rent per unit: $570 per fortnight ($14,820 per room per year)
Gross Annual Income (3 units @ 100% occupancy): $44,460.00
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Property Details for 5 Bourton Rd, Merrimac

5 Bourton Rd, Merrimac is a 3 bedroom, 3 bathroom Unit. The place is currently for sale with RE/MAX REGENCY.

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About Merrimac 4226

The size of Merrimac is approximately 9.0 square kilometres. There are 12 parks, covering nearly 12.9% of the total area. The population of Merrimac in 2016 was 7071 people. By 2021 the population was 7212 showing a population growth of 2.0% 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 professional occupation.In 2021, 63.00% of the homes in Merrimac were owner-occupied compared with 50.80% in 2016.

Merrimac has 3,047 properties. Over the last 5 years, Houses in Merrimac have seen a 70.84% increase in median value, while Units have seen a 78.28% increase. As at 31 July 2026:

  • The median value for Houses in Merrimac is $1,223,980 while the median value for Units is $841,042.
  • Houses have a median rent of $900 while Units have a median rent of $850.
There are currently 18 properties listed for sale, and 7 properties listed for rent in Merrimac on OnTheHouse. According to Cotality's data, 162 properties were sold in the past 12 months in Merrimac.

Suburb Insights for Merrimac 4226

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Taya Rich
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RE/MAX REGENCY
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.