1/228 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

1/228 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 93m2
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Property Details for 1/228 Varsity Pde, Varsity Lakes

1/228 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 93m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Unit
Year Built
2007
Floor Size
59m2
Land Size
93m2
Local Government
Gold Coast City
Lot/Plan
101/SP182410

Last Listing description (June 2024)

The Piazza at Varsity Lakes offers an incredible retail leasing opportunity in a bustling business and lifestyle precinct. With a strong population of over 17,181 residents and 1,972 businesses as of June 2022 (according to Queensland Governments Statisticians office), this location provides a vibrant customer base. The flexible range of shop sizes, from 61m2 to 210m2, caters to various retail needs.

Key Features:
Highly visible location in a thriving business and lifestyle precinct

Access to grease traps, perfect for food-related businesses
Landlord prefers long-term leases
Attractive incentives available for incoming tenants
Secure your place with a deposit of just 1 month's gross rent plus GST
Fixed annual rent increases of 4%
Ample parking in the precinct for customers

Current Leasing Opportunities:
Shop 1&2: 145m2 - Former Convenience Store (can be split)
Shop 5: 61m2 - Previously Hair Salon (still fitted for salon use)
Shop 12: 105m2 - Former personal training studio (includes 74m2 external alfresco, could be used for hospitality)
Shop 13: 105m2 - Currently Krish Indian Restaurant (includes 74m2 external alfresco, currently on a monthly agreement)

Don't miss this exceptional opportunity to secure your retail space in a highly visible and thriving location. Contact our exclusive listing agent, Ryan Chandler, at 0415 805 277 today for further details or to schedule an inspection. Act fast and position your business for success at The Piazza, Varsity Lakes.

Disclaimer:
We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate and accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective vendors, purchasers and tenants should make their own enquiries to verify the information contained herein.

While every effort has been made to ensure the accuracy of these details, neither the vendor nor the agent provides any warranty as to their accuracy. Interested parties should conduct their own inspections or seek verification through alternative means or seek independent professional advice where necessary prior to making any enquiries.

Property History for 1/228 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$260,000
08 Jan 2018
Listed for Rent
$958/w
12 Jun 2024
  • 06 Feb 2024
    Listed for Rent - Price not available
  • 20 Feb 2023
    Listed for Rent - Price not available
  • 08 Jan 2018
    Sold for $260,000
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of 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 30-39 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 8,109 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 98.15% increase in median value, while Units have seen a 98.82% increase. As at 31 December 2025:

  • The median value for Houses in Varsity Lakes is $1,353,363 while the median value for Units is $910,743.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 30 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.