253 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 253 Varsity Pde, Varsity Lakes
253 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005.
Last Listing description (February 2024)
RARE OPPORTUNITY TO ACQUIRE SIDE-BY-SIDE MR COMPLEXES ON THE GOLD COAST! | Resort Brokers ID : MR007782
ResortBrokers presents the opportunity for you to acquire the Management Rights of two side-by-side highly desirable permanent complexes located in Varsity Lakes, a master-planned community in the heart of Robina.
There is huge potential to grow the already healthy net profit via converting the 12 outside agents and further income can be generated by renting out the Managers Unit - approx. $35k p.a.
Overall, the combined sale of The Retreat and The Cape presents as an exciting opportunity for a savvy buyer to invest in a thriving business in one of Australia's most sought-after cities, the Gold Coast.
- Immaculately presented complexes with resort-style facilities
- 121 units across two complexes with 31 in the letting pool
- Huge potential to grow the business via converting outside agents
- Excellent $235,365 Caretakers Salary
- No set office hours, no requirement to live onsite
- Increase income via renting out manager's unit
- Office / reception on title at The Cape
- Manager's unit 3-bed, 2.5-bath, 2 car spaces
- Inspections are by appointment only
Property History for 253 Varsity Pde, Varsity Lakes, QLD 4227
- 16 Jun 2023Listed for Sale $2,190,000
- 10 Nov 2021Listed for Rent $600 per week
- 11 Jun 2019Listed for Rent - Price not available
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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.
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