5/190 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

5/190 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 252m2
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Last updated 19 Jan 2026
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Property Details for 5/190 Varsity Pde, Varsity Lakes

5/190 Varsity Pde, Varsity Lakes is a 0 bedroom, 0 bathroom Unit with 1 parking spaces. The property has a land size of 252m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Land Size
252m2
Local Government
Gold Coast City
Lot/Plan
5/SP298112

Last Listing description (July 2020)

>Private inspections available via appointment.
>Please contact agent to view.
>Social distancing will be thoughtfully adhered to.


The last remaining ground floor commercial/retail units are available to purchase in the highly successful Brooklyn Apartments Building in Varsity Lakes.

Situated at the gateway to the Varsity Lakes Business Hub, Brooklyn Apartments is a vibrant, modern and landmark building which provides an opportunity for businesses looking to establish themselves in a high traffic ground floor position amongst;
- Local and multi-national businesses
- Variety of convenience, retail shops and restaurants
- Bond University, Varsity College and several private college's
- Various student accommodation, residential buildings & commercial towers

The lots which are being offered for sale provide;
- A total area of 252m2* which can be split into two lots of 119m2* and 133m2*
- Priced at $409,000 and $579,000 + GST respectively
- Access to a rooftop terrace and common area which overlooks the Gold Coast and Hinterland
- Expansive ground floor open space area which can be utilised for seating, staff break area or a common meeting place
- 22 podium visitor bays plus secure basement parking
- Public transport on your doorstep
- Expansive window exposure to Varsity Parade
- Fitted grease-trap
- Located on the high profile corner of Varsity Parade and Main Street with excellent access to the M1 Motorway.
- This space would be suitable (but not limited) to medical uses, commercial and professional offices, retail, indoor recreation and restaurant operators.

Please contact the exclusive agents Tony and Adam Grbcic if you would like to view the property and to gain a copy of the Information Memorandum.

(*Approx)

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Bocha Sales Pty Ltd ATF the Bocha Trust t/as Ray White Broadbeach trading toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 5/190 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$649,000
09 Nov 2020
  • 09 Nov 2020
    Sold for $649,000
  • 28 Feb 2020
    Listed for Sale Offers from $409,000
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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 8,110 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.
There are currently 30 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.