55/255 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

55/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 2408m2
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Property Details for 55/255 Varsity Pde, Varsity Lakes

55/255 Varsity Pde, Varsity Lakes is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 2408m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
2006
Floor Size
130m2
Land Size
2408m2
Local Government
Gold Coast City
Lot/Plan
55/SP164872

Last Listing description (February 2020)

An exceptional spacious, open plan design with a large entertainment balcony overlooking breathtaking Lake Orr and mountain views. An ideal location for a university student to reside whilst
studying their degree. Ideal for and investment or as your own home.

A prime central location in Varsity Lakes within walking distance to the prestigious Bond University, the social hub of Varsity Parade and the cafes, restaurants, sporting facilities, recreational parks and shopping precinct.
Only a few minutes drive to the Robina Town Centre, train station and hospital. Approximately 14 minutes to Broadbeach or the beautiful beaches of Burleigh.

Light, bright and impressive outlook and location. This is the perfect opportunity to secure as an investment or ideal to move into as your own abode.

Features Checklist:
Breathtaking lakeside and mountain views
Large private tiled balcony overlooks the stunning vistas
3 Large bedrooms, built-in robes
Main bedroom with ensuite, walk-in robe and air-conditioning
Spacious open plan living, and dining tiled throughout
Light, bright and airy with high ceilings
Floor to ceiling glass doors, wide windows to capture the views from all angles
Modern kitchen, dishwasher, ample storage
Reverse cycle air-conditioning
Magnificent Swimming pool and gymnasium
2 Secure underground parking spaces with lift access to your apartment
Central location, perfect investment for university students or for long-term tenancies
Currently tenanted at $620.00 per week
Four Units Available For Sale; All 3 Bedrooms x 2 Bathrooms and spacious.

* Unit 55 | Water rates approximately $368.91 per quarter | Land rates approximately $1,070,00 per six months
* Unit 58 | Water rates approximately $362.39 per quarter | Land rates approximately $1,062.44 per six months
* Unit 16 | Water rates approximately $350.57 per quarter | Land rates approximately $982.18 per six months
* Unit 36,| Water rates approximately $361.86 per quarter | Land rates approximately $995.39 per six months

* Tenancies in place with good rental returns. For further discussions regarding the rental amounts and lease arrangements, please contact me directly.

Act Now To Secure These Amazingly Spacious Apartments ~ Each Offering Their Own Outlook.




Important Notice: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate. Prospective buyers should make their own inquiries to satisfy themselves as to its accuracy. Although high standards have been used in the preparation of this document, no legal responsibility can be accepted by Terrilee Whitsed Boutique Realty or any loss or damage resulting from the content or the use of this information. Any photographs show only certain parts of the property as it appeared at the time they were taken. areas, amounts, measurements, distances and all other numerical information is approximate only.

Property History for 55/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$510,000
13 Jan 2020
  • 13 Jan 2020
    Sold for $510,000
  • 11 Sep 2019
    Listed for Sale Contact Agent
  • 27 Jan 2013
    Sold for $400,000
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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 8,095 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.
There are currently 35 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 399 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.