4 Scotia Place Merrimac QLD 4226

Three-bed cul-de-sac home | $1.1m asking price | 404sqm block | Walking distance to schools and shops This three-bedroom home on a 404-square-metre block in a quiet cul-de-sac position suits owner-occupiers and investors seeking established neighbourhood convenience with proximity to local schools and retail amenities. The property presents as a moderately scaled residential asset in a maturing Gold Coast pocket. At 112 square metres of built form across a 404-square-metre lot, the improvement-to-land ratio suggests a home with room for potential extension or reconfiguration, though the 28 percent building coverage indicates the dwelling occupies a relatively modest footprint. Listed at $1.1 million with an estimated value around $1.037 million, the property sits within a realistic market range for three-bedroom stock in this location. The cul-de-sac positioning typically appeals to buyers prioritising privacy and reduced through-traffic, a feature that carries consistent appeal in family-oriented suburbs. Proximity to Merrimac State School and Robina State High School within the catchment appeals to owner-occupiers with school-age children, while the location’s accessibility to Robina and Broadbeach within 10-15 minutes provides broader lifestyle and employment options. The property carries no bushfire, flood, or heritage overlays, removing potential regulatory complications that can affect marketability or future modification. Rental demand in the area appears moderate, with estimated weekly returns of $790-$960 suggesting the asset holds some appeal to investors, though capital growth expectations should be tempered against the current asking premium relative to the estimated valuation. Properties of this type and size in established Gold Coast suburbs typically attract first-time buyers, downsizers, and portfolio investors seeking lower-risk residential exposure rather than speculative purchasers.