108/251 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 108/251 Varsity Pde, Varsity Lakes
108/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 2849m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (November 2022)
This 4th level apartment ticks all the right boxes for those that want a larger living space and generous balcony to entertain. For the investor you can be confident that the rental returns will be at the top end of town.
This apartment located in the Seaeagle building of the Reserve and will elevate your thoughts and senses with what the owners best describe as a "perfect resort retreat". Now it's time for you to come and live in what is regarded as the best complex for families, couples and students.
The facilities are outstanding, the resort-style pool is what you would expect in a Balinese holiday getaway and the attention to detail of the grounds is second to none. The communal kitchen, covered gazebos in a tropical setting will have you coming back time and time again to entertain with family and friends.
Returns Rental returns in Varsity Lakes offer investors some of the best returns on the Gold Coast. The Reserve Apartments goes that one step further and with vacancy rates as low as 0.2% on the Gold Coast expect huge demand for this apartment. Management has just rented an unfurnished apartment for $560 per week, expect more if you decide to furnish the apartment as students return to studies.
2 bedrooms, 2 bathrooms, 2 car parks
Lift access to level 4
1 Storage cage on title
Outgoings:
Body Corp: $127 per week approx.
Council Rates: $1,962 approx. pa
The Reserve Facilities:
47 meter lagoon pool with sandy beach
Two BBQ areas + tables and chairs
Two fully equipped gymnasiums
Steam room & plunge pool
In-ground spa
Private theatre room for 10 people
Fully stocked library
Well maintained gardens
Private and exclusive lakeside boardwalk around Lake Orr
Lakeside and poolside Bali Huts
Location Highlights:
Walking distance to Bond University
Situated in Varsity Lakes primary & secondary school catchment
Public transport at your door only minutes to Robina Town Centre
10 minutes drive to Burleigh Beach or Mermaid Beach
Walk to shops, cafes, and amenities
This property is going to auction on the 6th October, all offers will be considered.
Auction Event - Thursday 6th October at 10am at the Star Casino
Property History for 108/251 Varsity Pde, Varsity Lakes, QLD 4227
- 06 Oct 2022Sold for $595,000
- 14 Sep 2022Listed for Sale Auction - Thursday 6th October at 10am
- 29 Jun 2009Listed for Rent - Price not available
Recent sales nearby
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0About 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 8,094 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.94% increase in median value, while Units have seen a 103.23% increase. As at 30 November 2025:
- The median value for Houses in Varsity Lakes is $1,324,459 while the median value for Units is $922,789.
- Houses have a median rent of $870 while Units have a median rent of $800.
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