311/5 Bourton Road, MERRIMAC QLD 4226

Sold $115,000
Property Details

311/5 Bourton Road, MERRIMAC QLD 4226

Sold $115,000



Welcome to ”Bougainvillea Lodge” this centrally located Over 50’s’ pensioner living is a great no fuss investment. There is already a long term resident in place, and they are fully equipped and well catered for with 4 meals provided every day in a peaceful and social living environment within walking distance to shops, transport and other amenities.

There is currently little to no vacancy in this community, with a long list of residents expressing interest if one should become available in the future, giving you great long term security on your investment.

Unit income $14,300 p/a (currently renting at $275pw) increases with the pension rate
Management (rental) fees 8.25% (includes gst)
Rates $850 per half year approx
Water $199 Quarter approx

$4800 bc fees per annum – includes building insurance, public liability insurance, admin/sinking fund levies, common area maintain (fees are tax deductible except sinking fund payments)

This unit has a neat lounge room, a central bathroom/laundry, and bedroom with built in robe and a sliding door to outdoor area. Open plan design with kitchenette, electric/white goods/some furniture/home wares provided for tenants (see itinerary)

Each of the 80 single units are fully furnished and equipped with:
One bedroom with single bed, air conditioning, built in robe and access to washing line and nice terrace with green outlook
One bathroom/combined laundry with washer and dryer
Neat kitchenette with fridge and microwave
Television and lounge, dining table
Ceiling fans in bedroom and living area
Security screens to all windows and doors
Smoke detectors (Level 1 Fire Safety rating)
Great friendly onsite caretakers

Bougainvillea Lodge is centrally located at peaceful Merrimac, easy access to all the Gold Coast has to offer. One min to Pacific Highway, and 15 mins to Broadbeach via Gooding Drive past Carrara Markets. Worongary Shopping centre with Coles and 40 shops is 500m away. Within 2 years we will have a train station within 5 mins walk away.

Merrimac Tavern with pokies and TAB 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,

Beautiful Gold Coast’s beaches and hinterland are only 15 minutes’ drive away; Brisbane CBD is less than one hour drive on M1

There is a strong focus on making residents feel supported and appreciated. The building of solid relationships is encouraged, but a high value is placed upon allowing residents the freedom to have their own space and privacy. You can enjoy the protection of security at all levels with the bonus of having full time managers living onsite to help with everyday needs.

To make for comfortable and care-free retirement living you will find the in-house services all add to your peace of mind. They will take away any concerns about getting around in the community. The centre provides 3 nutritious home-style meals and snacks for the residents. There is a community room for entertainment which has a library of books and videos for borrowing.

Dont miss out on this great opportunity! For more information please call Taya today,

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
  • Open Parking Spaces
  • Built In Robes
  • Courtyard
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