147 Varsity Parade

Varsity Lakes QLD 4227

Don't miss this rare opportunity to secure a high-performing investment in a sought-after location. Offering excellent income potential and exceptional flexibility, this unique property is ideal for work-from-home professionals, business owners, or savvy investors seeking strong rental returns.

Current Investment Highlights
Dual-Income Opportunity
Currently returning $975 per week on a lease through to May 2027, the property comprises:

A fully self-contained studio apartment above the garage.
A spacious two-bedroom residence in the main home.

Self-Contained Studio
Lofted ceilings creating a spacious feel.
Kitchenette.
Bathroom.
Open-plan living and bedroom area.
Shared laundry facilities.

Two-Bedroom Residence
Modern kitchen.
Open-plan living and dining area.
Bathroom.
Laundry facilities.
Two generous bedrooms.

Additional comfort features include:
Air conditioning in the studio and Bedroom 2.
Ceiling fans throughout.
Option to purchase fully furnished (subject to negotiation).
Secure rear laneway access with separate entry.

Outstanding Rental Potential
Current Rental Return: $975 per week.
Estimated Rental Return (leased separately):
Studio: Approximately $480 per week.
Two-bedroom residence: Approximately $900 per week.

An exceptional opportunity for investors seeking a high-yield, flexible asset.

Dedicated Business Space
Purpose-built for professionals
Abundant natural light
Full kitchen
Powder room
Air conditioning
Ample storage
Private courtyard

With an approved business sign and excellent street exposure, clients will enjoy easy access and outstanding visibility.

Additional Features
Single lock-up garage plus visitor parking.
Energy-efficient electric hot water system.
Ready for solar and battery installation.
Low body corporate fees of approximately $19.26 per week.
Council rates: $1,438.74 (6 monthly).
Water rates: $537.16 (quarterly).

Prime Location
Enjoy the convenience of being within walking distance to:
Bond University.
Local schools.
Shopping precincts.
The lake and walking paths.
Popular cafs and everyday amenities.
With the recent opening of Coles, the area's appeal and future growth potential continue to strengthen.

Why You'll Love It
North-facing aspect.
Excellent street exposure.
Flexible live/work lifestyle.
Strong rental returns.
Rare SOHO zoning.
Outstanding long-term investment potential.

Whether you're looking to live, work, invest, or all three, this unique SOHO delivers flexibility, strong returns, and a lifestyle opportunity rarely offered in today's market.

Auction
In Rooms
10th September
Robina Event Centre- 94 Laver Dr

Act quickly to secure your place in one of the area's most exciting income-generating opportunities.