54 Watts DriveVarsity Lakes QLD 4227
Property Details for 54 Watts Dr, Varsity Lakes
54 Watts Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 191m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
Last Listing description (April 2025)
*** Auction In Rooms at Sheraton Grand Mirage Resort, Gold Coast on 23rd January 2025 from 10am ***
Discover the epitome of lakeside living in this stylish and versatile home, nestled in the heart of Varsity Lakes with breathtaking views over Lake Orr. Imagine waking up to the serene aqua vistas and feeling the refreshing southerly breezes-an everyday luxury in this prime location. Offering the perfect blend of convenience, space, and lifestyle, this property is just a short stroll to market square dining, the CBD hotel, and Bond University.
With the rare benefit of a house and land title, you have full ownership of the land-no body corporate fees, just freedom and flexibility. This home presents an incredible opportunity for those with a business vision to take advantage of the distinct upstairs-downstairs living arrangement, whether you're looking to run a home business or create separate spaces for a growing family. Its dual access from Watts Drive and Lader Terrace provides privacy and ease of access for any lifestyle.
Step outside and take in the inspiring views, where you'll be greeted by the natural beauty of the lake and its local inhabitants-wild black swans, schools of bream, and stingrays gliding by. Whether you're casting a line from your private jetty or simply relaxing on your balcony, the tranquil environment will fill you with peace and wonder.
Designed for low-maintenance, high-lifestyle living, this property ensures you spend more time with your loved ones, not on upkeep. With bike paths, walking tracks, and all the conveniences you need right at your doorstep-restaurants, shops, hospitals, and Varsity College-you're at the heart of everything. Plus, with easy-to-manage gardens and no lawn care, you can lock up and go whenever you like, knowing your home will be safe and secure.
Key Features:
Panoramic Lake Orr views, perfect for morning coffees and sunset reflections
Direct access to the lake for fishing, kayaking, or just soaking in nature
Fully owned house and land title (no body corporate fees)
1 Spacious master suite with walk-in robe, en-suite, and balcony
2 additional bedrooms with private patio & central courtyard
2 bathrooms plus a powder room
Solar Ready
Home office space approved by council, ideal for a business or remote work.
Council approved signage permitted
Dual living spaces for ultimate flexibility
Modern kitchen with premium appliances, including a 5-burner Smeg gas cooktop
Double lock-up garage and storage, plus additional laundry and linen space
A quiet street in the heart of Varsity Lakes CBD
Ducted air conditioning throughout and split system in the master bedroom
Private outdoor spaces, including a back courtyard and balcony
No lawn maintenance, more time to enjoy life
The Location:
Lake Views just 50 metres across the road
1.6km to Bond University
200 metres to local cafes, shops, and restaurants
Just 4.1 km to Robina Town Centre for all your shopping needs
7.5 km to stunning Gold Coast beaches
5 Min Walk (400m) to Varsity College, or 6 min drive (2.9km) to Varsity Primary, and just 3.4km to Varsity Lakes Train Station
The Income & Outgoings
Expect $1100 to $1200 per week
Water Rates $256.00 approx per quarter
Council Rates 949.02 every 6 months
House & Land Title- No Body Corp
The Opportunity:
A property like this gets lots of attention so be the first to make an offer, all will be considered.
This could be the opportunity you've been waiting for... Whether you're seeking a tranquil family home, a savvy investment, or a quite place to work and live in harmony, this lakeside gem is your perfect match. Don't miss your chance to make this inspiring property your own.
*** Auction In Rooms at Sheraton Grand Mirage Resort, Gold Coast on 23rd January 2025 from 10am ***
Property History for 54 Watts Dr, Varsity Lakes, QLD 4227
- 23 Jan 2025Sold for $1,500,000
- 10 Dec 2024Listed for Sale AUCTION
- 10 Jun 2021Sold for $885,000
Recent sales nearby
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0About 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 8,107 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 77.66% increase in median value, while Units have seen a 101.59% increase. As at 31 May 2026:
- The median value for Houses in Varsity Lakes is $1,406,103 while the median value for Units is $1,018,407.
- Houses have a median rent of $950 while Units have a median rent of $810.
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