10/ 240 Varsity Parade is located on the first floor within the prominent office building CENTRAL 240 providing a premium investment opportunity within the heart of the Varsity Lakes commercial precinct.
Superb presentation
3 Car parks
Located on the corner of Lake Street & Varsity Parade, the building benefits from substantial traffic flow into the Varsity Lakes precinct and the surrounding retail amenities. With Lake Orr over road take in the beauty of the surrounds to exercise or take a break from the office. Furthermore, Central 240, located just minutes from Bond University, provides unparalleled access to the educational establishment.
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:
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