43 South Bay DriveVarsity Lakes QLD 4227
Property Details for 43 South Bay Dr, Varsity Lakes
43 South Bay Dr, Varsity Lakes is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 125m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (May 2023)
This is the perfect 3 bedroom 2.5 bathroom home and is ideally suited for professional couples, investors, families or retirees. Situated in the South Bay precinct, this locale is literally a 2 minute walk from Varsity College Primary School, childcare centres, Aldi Supermarket & cafe. Pick your own path and head to central Varsity where the many friendly locals enjoy alfresco dining. To top it off close by is the Sports House for fitness and sports enthusiasts and water sports activities.
Gold Coast beaches are known as having some of the best surfing reserves in the world so expect a short 10 to 15min drive to reach them.
Currently rented for $750 per week till May 2023. Demand has risen for low body corporate investments and this one will impress. The body corporate is just $20+ per week approximately and the sinking fund is healthy. For the eternal hippie in you there's a 3000 litre water tank feeding the toilets and gardens, 5kw solar system, new LED lighting, gas hot water on demand and insulated throughout
In summary:
- Outstanding Returns $750 per week
- Walking distance to everything
- Lake, park and covered BBQ area just 200 metres away
- Fast Fibre Optic Data Internet
- 3 bedrooms with 2.5 bathrooms
- Stone Caesar benchtops
- Fans throughout
- 5kw solar system
- Air conditioning
- Updated oven and dishwasher
- Gas Cooking
- Secure access
- Security Screen-Front & Rear
- Master keyed locking system
- Crimesafe screens on all windows
- Pet friendly
- 125 sqm approx allotment
- Separate laundry
- Understairs storage
- Powder room downstairs
- Outstanding quality build and design (commercial builder)
- 1 car enclosed garage with automatic door
- 3000 Lt water tank connected to laundry and toilets
- Home/ Office Approved and approval for your business signage
- 7 mins to Robina Town Centre, M1 Links to Brisbane and Burleigh Heads Beach
- 130 metres walk from the front door to the bus stop on Christine Ave
- Lake Orr walks at your doorstep
- 2 minutes walk to green parks with children's play equipment
- Wild bird-life make Lake Orr their home
- Council approved for business/ residential or both
- Low Body Corp $20+per week approx
Highly Motivated sellers need this one gone so come and make your offer.
Property History for 43 South Bay Dr, Varsity Lakes, QLD 4227
- 26 Mar 2023Sold for $770,000
- 02 Feb 2023Listed for Sale $780,000+
- 26 Apr 2022Listed for Rent $750 / week
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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 8,111 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.92% increase in median value, while Units have seen a 98.70% increase. As at 31 January 2026:
- The median value for Houses in Varsity Lakes is $1,372,316 while the median value for Units is $940,587.
- Houses have a median rent of $875 while Units have a median rent of $810.
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