5/3 Rina CourtVarsity Lakes QLD 4227
Property Details for 5/3 Rina Ct, Varsity Lakes
Last Listing description (September 2025)
LJ Hooker Commercial Southern Gold Coast is pleased to present this high-quality tenanted industrial unit to the market for sale. Strategically located within a newly developed complex, this investment offers reliable income and long-term growth potential in a tightly held and well-connected industrial precinct. Surrounding businesses include Tasman Seafood, Allied Pickford's, Daimler Mercedes, and Act for Kids.
The unit comprises 80m* of ground floor warehouse and a 40m* mezzanine, ideal for additional storage or light operational use. The space includes a bathroom with shower, kitchenette, air conditioning, and an automatic high-clearance roller door.
Key Investment Features:
- Total building area: 120m* (80m* warehouse + 40m* mezzanine)
- Annual Net Income: $35,828.10 + GST
- 5% fixed annual increases
- Leased to an established tenant
- Recently constructed building in a sought-after estate
- High-clearance automatic roller door
- Bathroom with shower & modern kitchenette
- Fully Air-Conditioned
- Easy access to major arterial roads and public transport
- Located in a high-demand industrial precinct
This property presents an exceptional opportunity for investors seeking a secure, low-maintenance asset in a high-growth location. Suitable for first-time investors, SMSFs, or those looking to expand their portfolio.
Contact Dominic Eaves today to receive the Information Memorandum and tenancy details.
Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.
Property History for 5/3 Rina Ct, Varsity Lakes, QLD 4227
- 15 Jul 2025Sold for $712,500
- 30 Jun 2025Listed for Sale Sold
- 29 Sep 2021Sold for $555,500
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 8,109 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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