305/5 Bourton Road, Merrimac, QLD 4226 | Property Value & History | OnTheHouse
OFF MARKET

305/5 Bourton Road
Merrimac QLD 4226

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 35m2
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Property Details for 305/5 Bourton Rd, Merrimac

305/5 Bourton Rd, Merrimac is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2008. The property has a land size of 35m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Townhouse
Year Built
2008
Floor Size
52m2
Land Size
35m2
Local Government
Gold Coast City
Lot/Plan
305/SP211580

Last Listing description (August 2021)

Investors Only: Perfect for cashed up investor/super fund

"Bougainvillea Lodge" is an over 50's village, offering independent living for pensioners in fully equipped single bedroom units.

The tenancy rate here is 100% with a huge waiting list, making this an exceptional option for the eager investor!

Your investment will be in safe hands with a caretaker who lives on site, and the tenants are well looked after with 3 home-style meals per day plus regular visits from doctors and hairdressers.
Public transport is also available from the front of the estate.

The unit includes:
One bedroom with air-conditioning, built in robes and sliding doors to outdoor area
Open plan living and dining with kitchenette
Kitchenette excludes a stove, but includes fridge and microwave
Central bathroom with shower and laundry and includes washer and dryer
Security screens throughout
Ceiling fans in bedroom and living area
Smoke detectors (Level 1 Fire Safety rating)

Currently rented at $1,040 (net - after management fees and admin costs) per month approx
Body corp $95 per week approx.
Council Rates $1,700 per annum approx
On site managers for security and assistance
Lovely gardens maintained for the residents.

Don't miss out on this great opportunity! Call Roelien for more information, or to arrange your tour!

Disclaimer: In the preparation of this document, we have used our best endeavours to ensure that the information contained herein is true and accurate, and accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify any information contained herein

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Property History for 305/5 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$105,000
17 May 2021
  • 30 Jul 2021
    Listed for Sale Sold
  • 12 Jul 2021
    Listed for Sale Sold
  • 17 May 2021
    Sold for $105,000
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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 86.93% increase in median value, while Units have seen a 70.68% increase. As at 30 April 2026:

  • The median value for Houses in Merrimac is $1,234,134 while the median value for Units is $740,564.
  • Houses have a median rent of $870 while Units have a median rent of $825.
There are currently 20 properties listed for sale, and 7 properties listed for rent in Merrimac on OnTheHouse. According to Cotality's data, 167 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.