29/118 Highfield Drive, Merrimac QLD 4226

Light-filled, low-maintenance 2-bedroom unit in a tidy, well-managed complex on Highfield Drive - an ideal first home, downsizer or investor opportunity. Walk in to an open-plan living, dining and kitchen zone that flows to a private, fully fenced courtyard perfect for morning coffee or small-scale entertaining. The bedrooms are comfortable, both with built-ins and ceiling fans, and the main bedroom features air-conditioning and a neat ensuite. A separate laundry and guest toilet add everyday convenience. The property includes a single lock-up garage with internal access plus room to park an extra vehicle. Located in a peaceful pocket on Highfield Drive with easy access to local shops, schools and transport, this unit combines convenience with relaxed Gold Coast living.
Perfect for families prioritising schooling, this property sits in a family-friendly pocket with access to quality nearby schools and easy daily routines. The fenced courtyard is ideal for safe outdoor play and the single-level living and low-maintenance grounds free up time for school runs and after-school activities. If your household values proximity to good primary and private school options, this unit offers the convenience and lifestyle that makes school days simpler and family life more manageable.
Key features
• Low Body corp fees Under $50 per week.
• Rates $1395 per Half Year
• Water$370 per Qtr (approx)
• Open-plan lounge / dining / kitchen
• Two bedrooms with built-ins and ceiling fans
• Main bedroom with ensuite and air-conditioning
• Separate laundry and additional toilet
• Fully fenced private courtyard
• Single lock-up garage with internal access; extra parking available
Location highlights
• Quiet Highfield Drive residential setting; close to local amenities and transport links.
yield and recent performance.
This unit presents a strong gross rental yield for the current asking price: annual rent of $37,960 on a $690,000 purchase equates to a gross yield of approximately 5.5% (37,960 ÃÆ'Æ'Ãâ€'ÃÆ'â€'· 690,000). With consistent rental demand across Merrimac and surrounding suburbs, investors are seeing healthy income returns alongside suburb-level capital appreciation over recent years. The area's solid fundamentals - local schooling options, good road connections and proximity to major centres - continue to support rental occupancy and buyer interest, making this a compelling buy-and-hold opportunity for investors seeking both income and medium-term growth.