6/220 Varsity Parade, Varsity Lakes, QLD 4227 | Commercial for sale | OnTheHouse
 
FOR SALE
Expressions of Interest

6/220 Varsity Parade
Varsity Lakes QLD 4227

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Floor area: 91m2
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Straightforward Entry-Level Commercial Investment with Sound Rental Return

For Sale via Expressions of Interest closing on or before the 1st of October at 5pm
Ray White Commercial Robina is pleased to present this sought-after, quality ground-floor commercial investment, leased to an established tenant, The Watch Dealers, and complemented by a high-end fit-out and 3 exclusive car spaces, including 2 secure basement bays. This 91m² highly visible street-side tenancy is the ultimate entry-level stepping stone for a first-time investor or an effortless addition to an existing portfolio.
Positioned on Varsity Parade within a tightly held commercial precinct, this hassle free asset offers investors a combination of quality, functionality and an established tenancy in one of the Gold Coast's sought-after commercial locations. The Watch Dealers has occupied the premises for more than 5 years, providing a proven leasing history and an established tenant within a high-quality commercial environment.
The premium fit-out adds significant value to the offering, creating a sophisticated space that further enhances the property's investment appeal. Its convenient location is close to the M1, Bond University and the new Coles shopping precinct.
This is an outstanding opportunity to secure a tightly held commercial investment featuring an established tenant, premium fit-out, exceptional parking and a highly desirable Varsity Lakes position.
-Straightforward entry-level investment opportunity with a sound rental return
-91m² highly visible street side tenancy with impressive frontage and easy parking
-Established tenant; The Watch Dealers with 5+ years in occupancy
-Impressive, high-end fit out featuring premium materials and bespoke finishes throughout
-3 exclusive use car spaces (includes 2 basement bays)
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Property Details for 6/220 Varsity Pde, Varsity Lakes

Building Type
Commercial
Floor Size
91m2
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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 8,129 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 59.67% increase in median value, while Units have seen a 80.98% increase. As at 31 August 2026:

  • The median value for Houses in Varsity Lakes is $1,393,843 while the median value for Units is $969,991.
  • Houses have a median rent of $960 while Units have a median rent of $830.
There are currently 68 properties listed for sale, and 37 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 421 properties were sold in the past 12 months in Varsity lakes.

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Tony Stone
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RWC Robina
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