152/10 Ghilgai Road, Merrimac, QLD 4226 | Property Value & History | OnTheHouse
OFF MARKET

152/10 Ghilgai Road
Merrimac QLD 4226

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Land area: 129m2
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Property Details for 152/10 Ghilgai Rd, Merrimac

152/10 Ghilgai Rd, Merrimac is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1999. The property has a land size of 129m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1999
Floor Size
99m2
Land Size
129m2
Local Government
Gold Coast City
Lot/Plan
152/SP117471

Last Listing description (September 2023)

Looking for a low-maintenance lifestyle in the heart of the Gold Coast with all the amenities you could desire within easy driving distance? This is the one!

This neat 3-bedroom, single-level property is set within a fantastic family-friendly community. The resort-style facilities feature a massive in-ground pool with waterfall, two kiddies wading pools, a large covered heated spa, sauna, huge games/rec room and kitchen for parties, fully equipped gym, sunny deck with BBQs and tables for entertaining, and also with an outlook over the pool and parkland area.

The stylish and secure Lakeland Villas Community is located in a desirable and convenient area of the central Gold Coast. Within only a few mins walk to the local shops, BP Service Station, Bottle shop, The German Club, Mikes Kitchen, McDonald's Restaurant, Merrimac Tavern, and Public Transport is very accessible as are well respected Public Private Schools, Independent College, Medical Centre/Chemist/Dentist and Child Care are within 10-15mins walking distance.

PROPERTY FEATURES:
Single-level lowest villa - well-presented rendered brick and tile construction
Bright open-plan living space with durable timber-look flooring
3 bedrooms with double built-in robes and ceiling fans
Master bedroom with ensuite
Large main bathroom with separate toilet
Sizable kitchen with ample storage and cupboard space
Covered patio adjoins the dining area and very private and elevated grassy backyard great for kids/pets to play or to relax
Air/conditioning in the living space and fans in bedrooms for year-round comfort
Single lock-up garage with extra cars space (plus plenty of visitors' parking available)
Secure gated community with intercom and onsite manager
Much more!

Approximate just 8 -10 Mins drive to Broadbeach and a 5-7 minute drive to Robina Town Centre, Skilled Park Stadium, Robina Train Station, many entertainment/dining venues, Robina Hospital/Medical Centres, golf courses, family parks and recreation parks for fitness-play.

This property is perfectly positioned for a very wide audience in the market. Whether you are a first home buyer, investor or downsizing, please get in touch today to register your interest.

Expenses:
Council rates: 1/2 yearly - Approx. $1,150.00
Water Rates: 1/4 Yearly - Approx. $320.00 + Consumption - (As the property is Individually metered for water, the consumption charges are passed onto the tenant)

Investment Potential and tenancy details:
This home presents an excellent investment opportunity with strong rental demand in the area and potential for capital growth. Whether you are an investor looking to expand your portfolio or a first-time buyer seeking a place to call home, this property ticks all the boxes. The current tenants are looking after the property fantastically.
Current Lease end date: 18/11/2023
Current Rent Return: $580.00 per week
Rental Appraisal: $675 - $700 per week

Body Corporate Information:
Inclusions in Body Corporate Fees: Building insurance, maintenance of grounds, gardens, pools, 2 x security gates, onsite management, contributions to admin funds, and sinking funds.
Fees: Approx $105 per week

DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate; however, accept no responsibility and disclaim all liability concerning any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 152/10 Ghilgai Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$620,000
21 Aug 2023
Listed for Rent
$370/w
08 Sep 2012
  • 21 Aug 2023
    Sold for $620,000
  • 01 Aug 2023
    Listed for Sale Expressions of Interest
  • 28 Sep 2012
    Sold for $300,000
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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 22 properties listed for sale, and 9 properties listed for rent in Merrimac on OnTheHouse. According to Cotality's data, 161 properties were sold in the past 12 months in Merrimac.

Suburb Insights for Merrimac 4226

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Cotality Copyright and Legal Disclaimers about Property Data
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.