24 Watts Drive, Varsity Lakes, QLD 4227 sold on 04 April 2025 | OnTheHouse
SOLD
Sold on 04 Apr 2025 for $1,325,000

24 Watts Drive
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 255m2
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Property Details for 24 Watts Dr, Varsity Lakes

24 Watts Dr, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 255m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 4 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Land Size
255m2

Last Listing description (April 2025)

The Ultimate CBD Living Experience at 24 Watts Drive, Varsity Lakes

For those who crave the perfect blend of work, play, and home, 24 Watts Drive is your next destination. Positioned in the heart of Varsity Lakes, this exceptional property offers unparalleled adaptability-whether you're a business owner looking for a prime location or a family seeking the ultimate lifestyle, this home has it all.

Live, Work, Play-Right from Your Doorstep

For savvy homeowners and business entrepreneurs alike, this property is designed for versatility. With dual living and dual access, you have the perfect space to operate a solo business, run a team, or simply enjoy your home life, all without leaving the comfort of your property. The trendy cafes, vibrant restaurants, and welcoming pubs of Varsity Lakes are just a short stroll away, making this the ideal spot to enjoy both work and leisure.

For families, you'll find this property impeccably maintained with freshly painted interiors, air conditioning throughout, and spacious living areas that will cater to your every need. With four generously sized bedrooms, a study nook, two living spaces, and two and a half bathrooms, this home provides the perfect environment for relaxation and growth. And don't forget the beautiful covered outdoor entertaining area-ideal for hosting family gatherings or simply enjoying quiet moments at home.

Everything You Need, All in Walking Distance

Varsity Colleges and Bond University are just a walk away, along with the calming lakeside walking tracks perfect for daily exercise. For business owners, working from home has never been easier, and this prime location allows you to do so without the overhead costs of renting office space. Why commute when you can have it all right here?

Property Features Include:

Master bedroom with Walk-in & Built-in Robes, His and Hers options
2 Full sized bathrooms
1 downstairs office toilet or powder room
2 Car Parking (1 single Garage + driveway parking)
Dual living & dual access for business or personal use
High ceilings & two expansive living areas
Four full-sized bedrooms with Built-in Robes
Air-conditioned throughout (6 split systems in total)
Potential to erect business signage
Central courtyard with sliding doors
Freshly re-painted interior and exterior with new LED lighting
Commercial grade Belgium imported carpets
Recently cut, polished and epoxy floor through dining & living
New Aiconditioners added in Living and Office/bedroom study
New remotely controlled fans throughout
New roller and vertical blinds
New (Ecowood) Composite Deck with 10 year warranty
New Gazebo cover over entertainment deck featuring 4 skylights + LED lighting
Balcony off main bedroom
5000 litre underground water tank
Video Intercom, Covered Entry with Sensor light
Security System
Exceptional Office Signage
Refreshed and Replanted Gardens
Upgraded Switchboard, Additional shelving and excellent storage throughout
Simply put, EVERYTHING works, so you can move straight with no tools needed!

Income Expectations:

Rental return residence $800
Business returns $750 per week
Combined $1550
Outgoings:

Council rates: Approx. per annum
Central Varsity Lakes Highlights:

Beautiful lakeside walks with stunning birdlife
Central park for play, exercise, and community events
Amazing Cafes, CBD hotel upgrade and new Coles Supermarket are underway
IGA Convenience, just 50 meters away for all your essentials
Varsity College and Bond University within walking distance
Easy transport options to Pacific Fair and Robina Train Station
Minutes from fishing and sailing access, and a 5-minute drive to M1 and Robina Town Centre
Opportunity Awaits

Don't miss the chance to secure this incredible property in the heart of Varsity Lakes. Whether you're looking to start or grow your business, raise your family, or simply enjoy life in an ideal location-this home has everything you need and more.

Contact Jon Paul today for more information and to schedule your private viewing! And remember, living here means you'll never be late for dinner!

Auction Location: Ray White Robina - 86 Robina Town Centre Dr, Robina

Property History for 24 Watts Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,325,000
04 Apr 2025
  • 03 Apr 2025
    Sold for $1,325,000
  • 21 Feb 2025
    Listed for Sale AUCTION
  • 27 Oct 2022
    Sold for $1,110,000
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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 8,092 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.94% increase in median value, while Units have seen a 103.23% increase. As at 30 November 2025:

  • The median value for Houses in Varsity Lakes is $1,324,459 while the median value for Units is $922,789.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 24 properties listed for sale, and 24 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 403 properties were sold in the past 12 months in Varsity lakes.

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Jon Paul
Show contact details
Ray White Robina
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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.