55/228 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 66m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in November 2006.
CURRENTLY RENTED for $390pw and right in the heart of Varsity Lakes, this location takes excellent advantage of the business from Bond University, holiday and conference guests plus locals enjoying the urban Varsity lifestyle. FURNISHED, and managed on site, this would make an ideal lifestyle investment or addition to your SMSF. The complex is walking distance to shops, cafes and entertainment and offers brilliant facilities including gym, pool and reception. The Chancellor Executive boasts high occupancy rate all-year-round. This property is deserving of your immediate inspection. PROPERTY HIGHLIGHTS Generous size 1 Bedroom with walk-in-robe 1 Bathroom Combined living/dining space A/C Contemporary kitchen with quality appliances, stone benches Laundry facilities Fully furnished Secure single car park Swimming pool Gym BBQ Executive foyer LOCATION HIGHLIGHTS Walk to shops, cafes and amenities Handy to public transport and Robina Town Centre Walking distance to Bond University 10min drive to Mermaid Beach or Burleigh Beach The Chancellor Executive Apartments is a preferred accommodation provider to Bond University and its corporate and conference clientele. In addition to students and conference visitors, it also attracts holiday makers, single professionals for long-stay tenancy plus is the accommodation provider for The Chancellor Conference Centre and many international travel agents.
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:
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