10/10 Valbonne Avenue, Varsity Lakes, QLD 4227 | Apartment for sale | OnTheHouse
 
FOR SALE
$1,200,000

10/10 Valbonne Avenue
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 192m2
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House-Sized Living in the Heart of Azzurra Island

Positioned within the exclusive Azzurra Island community, this house-sized residence delivers the generous proportions of a family home with the convenience of low-maintenance apartment living. Offering three spacious bedrooms, a separate media room, multiple balconies, lift access, a resort-style swimming pool and a beautifully presented interior, this rare opportunity is positioned within one of Varsity Lakes' most tightly held boutique developments.
Designed to maximise space, natural light and effortless indoor-outdoor living, the expansive open-plan living and dining areas flow seamlessly onto a generous covered entertaining balcony, creating the perfect setting to relax or entertain while enjoying peaceful parkland views. Timber-look flooring enhances the warmth and practicality of the home, complemented by fresh paint throughout. The expansive kitchen takes centre stage at the heart of the home, showcasing granite benchtops, VJ feature panels, quality appliances including a Westinghouse dishwasher, a brand-new cooktop and kitchen tap, plus abundant pantry and storage space.
Privately positioned, the impressive master suite enjoys direct access to a large covered balcony overlooking the pool, a generous walk-in robe and a well-appointed ensuite featuring a double vanity, oversized shower, bathtub and stylish VJ feature panels. Two additional bedrooms are generously proportioned, each complete with built-in wardrobes and ceiling fans, while the separate media room with built-in cabinetry provides exceptional flexibility as a second living area, home office or potential fourth bedroom.
Offering the scale and comfort often associated with a freestanding home, combined with the security and convenience of apartment living, this exceptional residence will appeal to families, professionals, downsizers seeking space without the upkeep, and investors looking to secure a premium property within one of Varsity Lakes' most sought-after waterfront communities.
Features You'll Love:
- Boutique complex "Park Azzurra" consisting of only 17 apartments and only two residences per floor
- House-sized floor plan with three spacious bedrooms plus a separate media room
- Expansive open-plan living and dining areas with fantastic indoor-outdoor flow
- Large covered entertaining balcony with tranquil park views and easterly sun
- Enormous kitchen with granite island bench top, VJ feature panels, Westinghouse dishwasher, brand new cooktop and excellent storage
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Property Details for 10/10 Valbonne Ave, Varsity Lakes

10/10 Valbonne Ave, Varsity Lakes is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces and was built in 2004. The property has a floor size of 192m2. The place is currently for sale with Harcourts Property Hub.

Building Type
Apartment
Year Built
2004
Floor Size
192m2
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the total area. The population of Varsity Lakes in 2016 was 15026 people. By 2021 the population was 16493 showing a population growth of 9.8% in the area during that time. The predominant age group in Varsity Lakes is 20-29 years. Households in Varsity Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Varsity Lakes work in a professional occupation.In 2021, 54.40% of the homes in Varsity Lakes were owner-occupied compared with 51.30% in 2016.

Varsity Lakes has 8,126 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 70.17% increase in median value, while Units have seen a 92.69% increase. As at 31 July 2026:

  • The median value for Houses in Varsity Lakes is $1,419,081 while the median value for Units is $997,662.
  • Houses have a median rent of $970 while Units have a median rent of $825.
There are currently 67 properties listed for sale, and 36 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 422 properties were sold in the past 12 months in Varsity lakes.

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Geoff Cusack
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