174/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

174/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 545m2
Land area: 1755m2
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Property Details for 174/251 Varsity Pde, Varsity Lakes

174/251 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 1755m2 and floor size of 545m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2004
Floor Size
545m2
Land Size
1755m2
Local Government
Gold Coast City
Lot/Plan
174/SP151077

Last Listing description (October 2024)

This luxurious 545sqm Sky-Home in "The Reserve" offers 5 bedrooms, 4 bathrooms, plus a powder room, and 4 allocated parking plus 2 storage cages, 270 degrees of breathtaking panoramic views of the lake, city and hinterland. This unique property was designed by the previous owners during the original construction phase of the building, combining 2 penthouses into one spectacular residence.

The multiple living areas give the family so many options to have media room/formal living and still have huge open living and dining areas - the choices are endless. Floor-to-ceiling windows and sliding doors wrap nearly the entire apartment, providing views in all directions, ample natural light and lake breezes.

The deluxe kitchen comes complete with high end Miele and Westinghouse appliances, butler's pantry, new oven, dishwasher and a breakfast bar. Finishing to perfection.

Two bedrooms, one bathroom, one powder room and a separate laundry complete downstairs.

Three bedrooms upstairs are all en-suite. The oversized master suite offers a large sitting room with wet bar, the luxurious ensuite with double vanities, a spa bath and a separate shower. Two deep walk-in wardrobe allows room for the biggest fashion collection. Two additional bedrooms both with en-suite, walk in robes and spectacular views.

The flow from inside to the large wrap-around outdoor areas is seamless and again you have multiple options whether it is the undercover entertaining area or a private spa with views over the water, or soaking the sun with a stunning panorama while listening to the soothing waterfalls.

Features:
- Luxurious 545sqm with spectacular views
- Master bedroom with two deep walk-in robes, double vanity en-suite
- Two further bedrooms both with walk in robes and en-suite
- Another two bedrooms downstairs
- Separate media room/formal living
- Spacious open plan living room
- Deluxe kitchen with butler's pantry, breakfast bar, island bench and new high end appliances
- A full bathroom and powder room downstairs
- A spacious separate laundry
- High ceilings
- LED lights throughout
- Motorised blinds
- Ample storage
- Floor-to-ceiling glass windows, sliding doors and balcony wraps nearly the entire apartment
- Ducted air conditioning with separate zones
- Four secure car parking plus two storage cages
- Amazing onsite facilities including swimming pool, BBQ, gym, library etc
- Pet friendly

Close to everything with Bond University and Varsity Lakes College in walking distance. Enjoy your walk along the beautiful Lake Orr and all the coffee shops and restaurants the area has to offer. 5 minutes' drive to Robina Shopping Centre and Hospital. Walking distance to the bus stops. The train station to Brisbane is a mere 5 minutes' drive. Easy access to M1 to Brisbane and Coolangatta. Golden sandy beaches of Burleigh Heads, Miami and Mermaid Beaches are just a short drive.

Call Ellen today on 0422 212 896 so you don't miss out!

Price Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 174/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$2,100,000
29 May 2024
  • 18 Oct 2024
    Listed for Sale MUST BE SOLD - PRESENT OFFERS
  • 29 May 2024
    Sold for $2,100,000
  • 03 Apr 2024
    Listed for Sale MUST BE SOLD - PRESENT OFFERS
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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 8,110 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.
There are currently 30 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.