215/5 Bourton Road, MERRIMAC QLD 4226

Sold $116,000
Property Details

215/5 Bourton Road, MERRIMAC QLD 4226

Sold $116,000



Where can you get any investment property on the Gold Coast for this price? If you are looking for an easy, no fuss property with guaranteed returns – look no further!

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/furnishings/white goods, ready for any tenant and features, a 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 long term 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

Property Features
  • Villa
  • 1 bed
  • 1 bath
  • Toilet
  • Ensuite
  • Built In Robes
  • Courtyard
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