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Back 5108/31 Bourton Road
Off Market

5108/31 Bourton Road

Merrimac QLD 4226

2
2
1
86 m²
Apartment
Last sold for $705,000
Louise ThomLouise Thom, last sold this property on 03 August 2025 after 37 days on market.

Overview

Strong-Yield Investment | Growth Corridor Location | Owner Committed Elsewhere – Must Be Sold!

🚨 ACT FAST – Owner Committed Elsewhere! The seller has secured another property and is ready to release this investment. With 5 apartments in the complex already snapped up after first inspections, this is your chance to secure one of the best-positioned properties in this thriving complex. This well-designed 2-bedroom, 2-bathroom apartment with secure undercover parking delivers a smart, functional layout, elevated outlook, and a quality long-term tenant already in place. A seamless, set-and-forget investment – no vacancy, no hassle, just instant returns from day one. 💼 Investor Snapshot: • Currently rented at $630/week until April 2026 • Market rent approx. $720/week = 5.3% gross yield • Tenant is long-term, immaculate, and professionally managed onsite • Low maintenance, low body corporate, high appeal • Prime pick for serious investors seeking immediate returns & long-term growth 📍 Unbeatable Location Benefits: • 15-min walk to the future Merrimac Train Station (opening 2026) • Quick M1 access (north & south) • Minutes to elite schools, beaches, Robina Town Centre, hospitals & business hubs • Close to the 22.5ha Robina Greenspace Recreation Precinct • Quiet, flood-safe location with underground power 🏡 Premium Apartment Features: • Rare unobstructed northeast views from a private balcony • Generous 2-bedroom, 2-bathroom design – master with timber walk-in robe & ensuite • Kitchen with butler’s pantry/laundry combo – smart use of space • Split system air conditioning • Secure, elevated undercover car space • Clean, modern and immaculately presented 📊 Financial Breakdown: • Market Rent: Approx. $720/week • Current Rent: $630/week (to April 2026) • Gross Yield: Approx. 5.3% • Body Corporate: Approx. $68/week • Council Rates: Approx. $2,600/year ✅ Professionally Managed by No. 1 Onsite Sales & Rentals Team Enjoy a seamless transition and stress-free experience – we’re onsite, proactive, and committed to maximising your returns. 📞 Hurry – This Opportunity Won’t Last! Contact Louise Thom on 0434 774 069 to book your private inspection. The owner is motivated, the figures are compelling, and quality properties like this are rare. Move quickly – this one won’t wait. Disclaimer: While every effort has been made to ensure accuracy, no warranty is given by the vendor or agent. Interested parties must rely on their own inspections and inquiries.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
86 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Merrimac over the last 12 months, the estimated median property value of 5108/31 Bourton Road is $750k.

Median value
$750k
Estimated value range
$656k - $820k
Median days on market
34
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Merrimac. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5108/31 Bourton Road

2025
Sold
$705,000
03 Aug 2025 by Louise Thom, of Performance Realty Group

Happy sellers in Merrimac

91%
91% 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 51 reviews in Merrimac over the last 12 months.

Local market activity for 2 bedroom apartments in Merrimac

In the last 12 months, 10 two-bedroom apartments similar to 5108/31 Bourton Road, have been sold.

This represents a 24% increase in two-bedroom apartments sales when compared to the previous 12 months.

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