1
1

5 Bourton Rd (Unit 205),
Merrimac Queensland 4226

Price: Offers Over $125,000

NEAT LOW SET UNIT - NO FUSS INVESTMENT - CENTRAL LOCATION - RETURNS $275 PER WEEK - INVEST IN YOUR F

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 peaceful lifestyle with privacy and security, within a friendly communal environment for its residents.

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.

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 new 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)

Income and expenditure:
Rental income: $14,300 (currently tenanted at $275 per week) increases with the pension rate
Rates: $822 per half year approx
Water $115 per quarter approx
Rental management fees 8.25% of rent
Body corp levies: $2404 gross per annum - includes building insurance, public liability insurance, admin/sinking fund levies, common area maintain (fees are tax deductible except sinking fund payments) net return approx. 7%

More Assisted Living Facilities
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.

Westminster house assists by providing:
Covered Walkways to dining room and community room
Car parking space
A Visiting hairdresser
Laundry service
BBQ and in-house social events and entertainment on a regular basis
Pharmacy visits every week and house calls at anytime
Small pets allowed (small dogs, cats, birds and fish)

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. 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

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 Details

Price
Offers Over $125,000
Address
Bourton Rd (Unit 205)
Suburb
MERRIMAC
Postcode
4226
Property Type
Villa
Bedrooms
1
Bathrooms
1
Property ID
20578702
Other Features
Air Conditioning, Built-in Wardrobes