5 Bourton RoadMerrimac QLD 4226
Property Details for Lot 100/5 Bourton Rd, Merrimac
Lot 100/5 Bourton Rd, Merrimac is a bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 5095m2. While the property is not currently for sale or for rent, it was last transferred in March 2013.
Last Listing description (February 2016)
Close to Robina-This is a unique business-Income increases with the pension. This is a rental retirement community. Rents & fees are deducted from pension income and paid directly to the managers. This would be a great family business as the purchase includes two nicely appointed 3 bedroom Managers' residences. The manager organizes and supervises the provision of food daily. The real estate value includes the 2 units plus Commercial kitchen, storage area and shed. The net profit is over $300,000.
Second Home(built 2006) is upstairs 3 bedroom with open plan living & air conditioning. Has dining room & kitchenette down stairs, office & storage room.
Includes extensive inventory & intellectual property
Property History for Lot 100/5 Bourton Rd, Merrimac, QLD 4226
- 08 Sep 2015Listed for Sale $1,840,000
- 06 May 2015Listed for Sale $1,840,000
- 07 Mar 2013Transferred for $1,870,000
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0About Merrimac 4226
The size of Merrimac is approximately 9.0 square kilometres. It has 12 parks covering nearly 12.9% of 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 3,048 properties. Over the last 5 years, Houses in Merrimac have seen a 101.07% increase in median value, while Units have seen a 99.83% increase. As at 30 November 2025:
- The median value for Houses in Merrimac is $1,157,932 while the median value for Units is $754,274.
- Houses have a median rent of $820 while Units have a median rent of $780.
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