142/251 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 142/251 Varsity Pde, Varsity Lakes
142/251 Varsity Pde, Varsity Lakes is a 3 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 238m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (March 2026)
As soon as you step inside this stunning waterfront penthouse, you will instantly have that wow factor from the breathtaking views and quality of design that this home offers. Upon entry you are welcomed with a 6-meter void and stunning chandelier setting the tone for the rest of this opulent two-level penthouse. Set within 'The Reserve' a tightly held high end building offering residents a life of utter leisure, this magnificent residence showcases high-end finishes throughout and an abundance of natural light and year-round coastal breezes, making you feel like you are on a permanent holiday.
Offering you a total of 482m2 with 3 bedrooms, 2.5 bathrooms (master with luxe ensuite and walk in robe), third bedroom also offers a walk in robe, all of the three bedrooms offer picturesque views through the large glass windows, open plan living and dining area looking out onto the south west facing double height balcony through sliding doors, expansive designer kitchen with Caesarstone benchtops with waterfall edge, ample storage (on both sides of the island bench), Blanco appliances, wine fridge, walk in pantry, adding to the additional storage and bench space, perfect for those who love to entertain and host a nice get together with friends and family. You will also find a separate retreat or study, an additional family/living room plus powder on the upper level which opens out onto the top mega terrace offering spectacular 270-degree views from Surfers Paradise, through to Burleigh, the Hinterland and beyond.
As a resident of this majestic building, you will enjoy access to a list of amenities that include a spa, sauna, two x gyms (one for cardio, one for weights), cold plunge pool, library, cinema, two x overwater gazebos, huge resort style pool and a full kitchen/entertaining area with two bbq's - the entertainment options are endless.
Boasting a plethora of shops, restaurants, dining options and river walks right on your doorstep as well as close proximity to Burleigh Heads Beach, Robina Town Centre, Robina Hospital, CBus Super Stadium and Bond University is only a short stroll away, the location does not get any better.
This sought-after penthouse brings luxury and affluent living in the heart of Varsity Lakes and is a must inspect.
Additional Features Include:
- Located on the sixth level and one of only four on the same floor
- Situated at the end of the corridor, affording you the extra peace and quiet as well as privacy
- Ducted air conditioning throughout
- Secure gated complex
- Year-round coastal breezes
- Security cameras
- Sonos Sound System zoned to 3 areas
- Intercom/security (2x internal keypad points)
- Power points are USB
- Ceiling fans throughout
- Designer tiled splashback in kitchen and Ensuites
- Polished Brush Box timber floors throughout
- Carpet in the bedrooms
- Designer pendant lights in the Kitchen, Living/dining and main ensuite
- 2 pac cabinetry in the kitchen and laundry
- 2 x enormous southwest facing terraces
- 270-degree views from the upstairs terrace
- Brooklyn Wine and Tapas and the very well known award winning Blackboard Coffee Shop literally on your door step
- Body Corp fees - $185/week approx
If you are looking for resort style living, then you have found your new home. Contact Jesse Willcox or Ivan Sarakula for more information.
Property History for 142/251 Varsity Pde, Varsity Lakes, QLD 4227
- 24 Nov 2024Listed for Rent $1,350 / week
- 07 Jul 2023Listed for Rent $1,300 / week
- 12 Jun 2023Listed for Sale Offers over $1,750,000
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 8,105 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.34% increase in median value, while Units have seen a 105.15% increase. As at 30 April 2026:
- The median value for Houses in Varsity Lakes is $1,413,430 while the median value for Units is $1,010,799.
- Houses have a median rent of $950 while Units have a median rent of $800.
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