Back 220/5 Bourton Road
Off Market

220/5 Bourton Road

Merrimac QLD 4226

1
1
0 m²
Villa
Last sold for $115,000
Taya RichTaya Rich, last sold this property on 27 March 2022 after 143 days on market.

Overview

NEAT INVESTMENT IN CENTRAL LOCATION - 100% TENANCY - NO FUSS - EASY MANAGEMENT - GREAT VALUE/RETURNS!

If you are looking for an easy, no fuss investment property with guaranteed returns - look no further! Where can you get any property on the Gold Coast for this price? Westminster House pioneered and developed this Queensland’s rental retirement living. Each of the single accommodations are fully resourced servicing those looking for assisted living accommodation. Assisted Living at Westminster House offers a residents a peaceful lifestyle with privacy and security, within a friendly communal environment. You can enjoy the protection and security of your investment at all levels with the bonus of having full time managers living onsite to help with the residents everyday needs. The neat single level villa comes fully equipped and features, a neat kitchenette, open plan lounge area with durable flooring, queen sized bedroom with built-in robe, air conditioning/ceiling fans, large bathroom/combined laundry, security screen, privacy blinds, and undercover patio. There is a good tenant already in place, paying $275 per week Rental income: $14,300 per year Council Rates: $941 per half year Water Rates $217 per quarter Body corp/caretaker levies: $2563.00 per annum Levies include, building insurance, public liability insurance, admin/sinking fund levies, caretaker fees, common area maintain (Tenants pay for own electricity usage/owner pays for water rates) (figures are approx and buyers should do their own due diligence) Westminster House is centrally located at peaceful Merrimac, very central to all the Gold Coast has to offer. Easy access to Pacific Highway to Broadbeach via Gooding Drive past Carrara Markets. Worongary Shopping centre with Coles and 40 shops is 500m away. Soon, there will be a train station within 10 mins walk. Merrimac Tavern is less than 1km away; McDonalds, Coffee Shops & Take Away, all an easy walking distance and only around 10 mins drive major shopping centres of Pacific Fair, Robina Town Centre. Beautiful Gold Coast’s beaches and hinterland are only 15 minutes’ drive away; Brisbane CBD is less than one hour drive on M1 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

Features

1 bedroom
1 bathroom
0 m² floor area
Villa

Estimated Value

We need at least 3 similar 1 bedroom villas sold in Merrimac over the last 12 months.

Property history for 220/5 Bourton Road

2022
Sold
$115,000
Private Sale/Treaty on 27 Mar 2022 by Taya Rich, of RE/MAX Regency

Happy sellers in Merrimac

90%
90% of sellers in Merrimac reported that their sale price either exceeded or met their price expectations.

Merrimac stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Merrimac over the last 12 months.

Local market activity for 1 bedroom villas in Merrimac

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