5/482 Scottsdale Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

5/482 Scottsdale Drive
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 196m2
Land area: 195m2
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Property Details for 5/482 Scottsdale Dr, Varsity Lakes

Building Type
Commercial
Floor Size
196m2
Land Size
195m2
Local Government
Gold Coast City
Lot/Plan
5/SP172926

Last Listing description (August 2022)

Peter Laoudikos of Ray White Commercial is proud to present to the market 5/482 Scottsdale Dr, Varsity Lakes.

Offering you the opportunity to purchase and occupy within 60 days, this rare offering will suit investors or owner occupiers alike. Positioned perfectly in a key high exposure position with easy access to the M1 Motorway, this modern complex offers 196m* of warehouse plus an additional 35m* rear yard with 4 exclusive car parks. Our motivated owner has provided clear instructions to get this property sold.


This property's position has become so important logistically with thousands relocating to the Gold Coast and provides a central location to both the north and south coast, providing the perfect location for future business and growth. You will not find a better opportunity to set yourself up for the future.

Key features;
- Motivated owners provide you this rare opportunity for vacant possession
- 196m* warehouse plus an additional 35m* rear yard
- Currently on a periodical lease presents amazing opportunity to either occupy or negotiate a new lease at current market rent
- 4 car spaces
- Abundant tenancy signage opportunities
- Close proximity to the train station
- Easy access to exit points (North & South bound lanes) on the M1 Pacific Motorway
- The area provides low vacancy rates and rising rental prices
- The owner has given clear instructions to sell

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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 Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 5/482 Scottsdale Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$396,000
09 Oct 2007
Listed for Rent
$508/w
03 Nov 2011
  • 17 Jul 2022
    Listed for Sale Auction - Thursday 18th August 2022
  • 28 Jul 2011
    Listed for Rent - Price not available
  • 18 Mar 2010
    Listed for Rent - Price not available
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the 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 20-29 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 8,129 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 70.17% increase in median value, while Units have seen a 92.69% increase. As at 31 July 2026:

  • The median value for Houses in Varsity Lakes is $1,419,081 while the median value for Units is $997,662.
  • Houses have a median rent of $970 while Units have a median rent of $825.
There are currently 64 properties listed for sale, and 35 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 433 properties were sold in the past 12 months in Varsity lakes.

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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.