21/41 Macadie Way Merrimac QLD 4226

Flood overlay risk | 172m² land limits | 2012 build quality unknown | rental yield below 5% This townhouse carries a flood overlay that may increase insurance costs and reduce exit liquidity, while the compact 172m² lot caps long-term land appreciation. The $970 weekly rent is achievable but yields roughly 4.7%, underperforming comparable Gold Coast townhouse investments. A buyer should hold this property for steady rental income rather than expect capital gains from land uplift, and the decision hinges on whether the flood risk is acceptable given the premium for newer construction in this complex. The four-bedroom configuration with an ensuite and in-ground pool is rare in this price bracket, giving the buyer a competitive edge for families seeking turnkey living in the Merrimac school catchment. The property serves best as a long-term owner-occupier home where the pool and outdoor area directly benefit daily life, or as a reliable rental for tenants willing to pay a premium for these features. To confirm the flood risk’s financial impact, request a full insurance quote and a flood study from the local council before proceeding.