Doug joseph has a unistrut version. That is about 1.5in wide. I don’t think it helps to conpletely minimize it. You want a little extra width so you can have a straight line without running over the edge. At that point. What is the difference in cost between 1.5" and 2"?
I would use an engineered wood. Flatness matters. But so does stability. I like plywood for that kind of thing. But MDF is a solid choice.
I’m not sure about the 50mm. I think the bottom of the router can lift 100mm over the surface the wheels ride on.