10/240 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

10/240 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 105m2
Land area: 1084m2
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Property Details for 10/240 Varsity Pde, Varsity Lakes

Building Type
Commercial
Year Built
2004
Floor Size
105m2
Land Size
1084m2
Local Government
Gold Coast City
Lot/Plan
10/SP170573

Last Listing description (August 2022)

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

Secure basement parking
Fully equipped kitchen
Reception area
Storeroom/filing room
Natural light
High ceilings
Dog Friendly
Close to public transport
Popular coffee shop/ takeaway/chemist located ground floor
Office area 113sqm
Car parking 39sqm

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.

Property History for 10/240 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$737,000
05 Aug 2022
  • 05 Aug 2022
    Sold for $737,000
  • 08 Jul 2022
    Listed for Sale Offers over $675,000 +GST
  • 23 Jun 2021
    Sold for $605,000
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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 27 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 390 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.