12/98 University DriveVarsity Lakes QLD 4227
Property Details for 12/98 University Dr, Varsity Lakes
12/98 University Dr, 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 1139m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
Last Listing description (July 2016)
Found in one of the Gold Coast s hotspot hubs lies 12/98 University Drive. This sleek two bedroom, two bathroom unit has balconies on both northern and southern sides. A short walk from local shops, cafes, gyms, Varsity College and Bond University, this location is highly sought after and makes it a dream home or perfect investment. Do not hesitate in contact the Tina Nenadic Team today to secure your chance at this gorgeous home.
The unit offers:
* 2 Spacious bedrooms, both with in built robes, ceiling fans and carpeted
* Main bathroom with bath and toilet
* Galley style kitchen, stone bench tops, 2 pac cabinets and modern split sinks
* Raised study overlooking living area
* Ample storage throughout
* New Daiken split air conditioning installed in 2014
* New hot water system installed in 2015
* Modern fans and lighting throughout
* 2 car parks
* Balconies on both northern and southern facings
* Currently Rented for: $405 per week until the 21/10/16
* Annual Rates: $1,600.00 Approx. Annual Water: $1,400.00 Approx.
* Body Corporate rates approximately $62 per week.
Complex Amenities:
* On-site Managers
* Two shared BBQ areas
* Gym
* Pool with separate spa
This unit s open plan uses the space provided to the absolute maximum. With large spaces through the dining, kitchen and into the living area, the home flows through to the south-facing balcony over the ovals of Varsity College. These areas are air conditioned for year round comfort and are tiled throughout for a great modern look. The kitchen offers an island bench with stone benchtops, 2pac cabinetry and contemporary inclusions.
Both bedrooms offer great size, natural light, in built robes and ceiling fans. The master is added to by a walk through robe and private ensuite with a large corner shower. The main bathroom has a bathtub and toilet to service guests and the second bedroom.
With extras like great storage throughout the home, a large, elevated study, European laundry and all the features of the complex this unit must be SOLD. Contact The Tina Nenadic Team today for any information or inspections.
Property History for 12/98 University Dr, Varsity Lakes, QLD 4227
- 27 May 2016Sold for $353,000
- 05 May 2016Listed for Sale Offers over $349,000
- 23 Aug 2009Sold for $337,000
Recent sales nearby
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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 8,095 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.
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