22/1 Assembly Dr, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2002. The property has a land size of 204m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Come and discover probably one of the most unique properties I have ever had the opportunity to market. So many people have beautiful homes but it is the avid collection of artworks and furnishings that will connect you to this home. Imagine transporting yourself to a trendy cigar bar in America, the home is a reflection of the owner's journey and heritage, inspired by the trendy cigar lounges found throughout the east coast of Baltimore USA, now you can have a piece of this history right here on the Gold Coast.
Those looking from interstate will love the vibe of this home from the moody feature walls, warm exposed brick, casual living, newly installed retracting shade, gourmet kitchen and soft furnishings. There's something for the investors too, this home offers outstanding rent up to $820 per week approx and with a low body corp of just $80 per week making this home affordable.
Recently painted externally and with a healthy sinking fund, you can entertain with family and friends around the central pool and BBQ. Come and see why the friendly locals love to call Varsity Lakes home.
* 3 bedrooms
* 2.5 bathrooms
* 2 car parking (1 single garage, 1 on driveway)
* Plantation Shutters inside | Privacy Shutters outside
* 5 x 3 metres retractable awning
* Custom cabinetry | Additional storage & laundry in garage
* Pet friendly | Pool | BBQ
* Just 22 townhouses
* Grassed front and rear courtyard is on title
* Side access
* Air conditioned (2 bedrooms + living) + fans in every bedroom
* Adjacent visitor parking | Foxtel enabled
Outgoings
* Body Corp levies $80 per week approx
Council Rates $877 for 6 months approx
Water rate $440 per quarter approx
Income
* Rental in excess of $820 per week approx
Distances:
* Lake Orr 500 metres or 4 min walk
* Bond University 900 metres or 6 min walk
* Varsity College (High school) 300 metres or 2 min walk
* Varsity Primary 3.1km or 5 min drive
* Varsity CBD & Convenience Stores
* CBD Hotel, BlackBoard Cafe, German Bakery, Parisian Cafe, IGA, and bottle shop 800 metres or 6 min walk
* Robina Town Centre 4.9km or 8 min drive
* Pacific Fair Shopping Centre 6.1km or 11 min
* Burleigh Heads Beach 6.9km or 10 min drive
* Nobby's Beach 5.8km or 8min drive
* Link to M1 7 km or 10 min drive
* Brisbane 88 km or 1-hour drive
Note *Prices and distances are approximates
The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the 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 20-29 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 8,106 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 77.66% increase in median value, while Units have seen a 101.59% increase. As at 31 May 2026:
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