5/478 Scottsdale Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
OFF MARKET

5/478 Scottsdale Drive
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 176m2
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Property Details for 5/478 Scottsdale Dr, Varsity Lakes

Building Type
Commercial
Year Built
1991
Land Size
176m2
Local Government
Gold Coast City
Lot/Plan
5/SP194830

Last Listing description (March 2021)

Savills are delighted to offer two strata titles industrial units to the market.

They can be purchased individually or in one line and both are currently occupied with an expiring lease Sept 2021, perfect for the investor or owner occupier.


The vendor has instructed they be sold and we request all offers to be submitted by 4pm 25th March.

This modern complex has tilt slab construction with metal roof and loads of natural light. Positioned in a security controlled complex handy to the M1 and on the doorstep of Burleigh Heads with easy access and loads of visitor parking.

Gross Income $85,186pa + GST

Unit 5 Features Include:
- Gross floor area 176 sqm approx
- Open floor plan warehouse
- Separate kitchenette and amenities
- 4.8m electric roller door clearance

Unit 6 Features Include:
- Gross Floor Area 472sqm approx
- Additional 73sqm* of covered outdoor area that is attached to the back of the building and currently used as workshop area
- 4.8m electric roller door clearance
- Separate kitchenette and amenities

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Property History for 5/478 Scottsdale Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$495,000
19 Mar 2021
  • 19 Mar 2021
    Sold for $495,000
  • 08 Mar 2021
    Listed for Sale Expression of Interest
  • 19 Jun 2019
    Transferred for $295,000
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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 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.
There are currently 30 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 396 properties were sold in the past 12 months in Varsity lakes.

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