17/228 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 17/228 Varsity Pde, Varsity Lakes
17/228 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 71m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 1 bedroom Unit sold in Varsity Lakes in the last 12 months.
Last Listing description (May 2025)
Welcome to an exceptional opportunity in one of Varsity Lakes' most sought-after complexes. Whether you're a savvy investor, a first-home buyer, or a parent looking to secure a home for your Bond University student, this immaculate apartment offers the perfect blend of lifestyle, location, and long-term potential.
This stylish one-bedroom, one-bathroom apartment with secure underground parking offers the ultimate low-maintenance lifestyle or investment opportunity. Set within the sought-after Chancellor Executive Apartments, you'll enjoy access to impressive resort-style facilities including a sparkling pool, fully equipped gym, BBQ area and on-site managementright in the heart of vibrant Varsity Lakes.
Currently owner-occupied, the seller has absolutely loved living in this vibrant, central location. With everything on their doorstep, it's been a dream lifestyle. However, with changing circumstances, it's now time to pass this much-loved apartment on to someone new.
PROPERTY HIGHLIGHTS
- Spacious, modern apartment in a prime Varsity location
- Huge master bedroom with built-in robe, room for desk etc
- Open plan living flows to a private covered balcony
- Tiled dining and kitchen area with quality finishes
- Stone benchtops, stainless steel appliances (near new dishwasher & oven)
- Bathroom with full-sized bath and European-style laundry
- Reverse-cycle air conditioning (near new) for year-round comfort
- Secure underground car space (best spot, close to entry door)
- Situated in Building B, Level 2 walk-up access (no lift) The apartment is on the second floor, overlooking Varsity Parade.
- Previously tenanted and always in demand ideal for those wanting to add it back into the Chancellor rental pool.
- Also perfect for first-time buyers ready to secure their place in the market.
- With the ongoing rental crisis on the Gold Coast, many parents are choosing to purchase an apartment like this for their grown child who's studying at Bond University. It provides a secure, stable home and eliminates the stress and uncertainty of the rental marketallowing them to focus on what matters most: their studies.
CHANCELLOR EXECUTIVE APARTMENTS
- Friendly onsite management
- Resort-style swimming pool & sundeck
- Well-equipped gym with elevated views
- Communal BBQ and entertainment area
- Onsite boardroom for business or study use
- Reception located at 19 Lake Street
- Not pet friendly apart from service dogs
LOCATION, LOCATION, LOCATION!
- Enjoy unbeatable access to education, dining, transport & recreation
- Varsity College Secondary Campus 350m walk
- Bond University 3 mins (1.2km)
- IGA, cafes & restaurants 25 mins walk
- Varsity Lakes Day Hospital 3 mins drive
- Varsity Lakes Train Station 6 mins drive (direct to Brisbane)
- Robina Town Centre 6 mins drive
- Gold Coast Airport 21 mins drive
- Lake Orr walking trails, Central Park & basketball courts nearby
FACTS & FIGURES
- Gold Coast City Council Rates; approx. $1,088 per 6 months
- GC Water Rates; Approx. $350-400 per 3 months (shared water)
- Body Corporate Levies; approx. $130 per week
- Rental Appraisal; approx. $550 - 600 per week
If you're looking for a smart investment or a comfortable home base in a vibrant lifestyle location, this is the Welcome Change you've been searching for. Contact us today for more information - we'd love to help you take the next step.
Disclaimer: While care has been taken in the preparation of this information, the particulars are set out as a general guide only. All plans and models are illustrative only. All interested parties should make their own enquiries. This is representative as a guide only and does not constitute an offer of a contract. Everyone who visits our open homes will need to check in through our Welcome Change Realty QR code.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Property History for 17/228 Varsity Pde, Varsity Lakes, QLD 4227
- 15 Apr 2025Sold for $537,500
- 02 Apr 2025Listed for Sale $499,000+
- 03 May 2023Sold for $412,000
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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 8,095 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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