36/228 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 36/228 Varsity Pde, Varsity Lakes
36/228 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 77m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
Last Listing description (November 2017)
Situated in the sought after Chancellor , this spacious fully-furnished, modern 1 bedroom, ground floor unit with a basement car park and complex facilities such as a pool & gym makes this unit ideal for the first-home buyer or an investor looking to grow their investment portfolio!
This unit is conveniently located just a stroll away from Bond University, Varsity cafe precinct, restaurants and is just a short drive away from Robina Town Centre! The unit also comes with a secure car park not that you need it due to the fantastic positioning of this unit! Bus stops at the front door should you wish to leave the car at home.
The modern 1 bedroom unit boasts:
- Large combined dining/lounge room
- Air-conditioning
- Huge master bedroom with built-in-robe
- Modern 2-way bathroom & laundry
- Fully furnished
- East-facing ground floor unit with large private courtyard
- Facilities include pool, gym and BBQ area
- Secure basement car park (1)
- Lift Access
- Currently tenanted at $390 per week
Income:
$390 per week until December, 2017
Expenses:
Rates & Water - Approx. $2,850 per annum
Body Corp Fees - Approx. $89 per week ($4,628 per annum)
Sinking Fund - $293,000 as at 30/6/16
If this is the opportunity you have been waiting for, contact Darren Mackay on 0403 694 774 to arrange a viewing.
Property History for 36/228 Varsity Pde, Varsity Lakes, QLD 4227
- 11 Sep 2017Sold for $254,000
- 19 Jun 2017Listed for Sale $269,000
- 03 May 2007Sold for $347,500
Recent sales nearby
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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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