86/251 Varsity Parade, Varsity Lakes, QLD 4227 sold on 05 May 2026 | OnTheHouse
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Sold on 05 May 2026 for $902,000

86/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
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Property Details for 86/251 Varsity Pde, Varsity Lakes

86/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces and was built in 2004. The property has a floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Apartment sold in Varsity Lakes in the last 12 months.

Building Type
Apartment
Year Built
2004
Floor Size
140m2

Last Listing description (May 2026)

*** Video Walk Through on Facebook - Varsity Lakes Property Group ***

Welcome to 86/251 Varsity Parade, Varsity Lakes, an impressive 140m² apartment within the highly sought-after Reserve complex. Proudly presented by Mitch Harrop & Ben Nantes, this home offers generous proportions, stylish finishes and spectacular outlooks across the Varsity Lakes CBD and hinterland. Perfectly suited for owner-occupiers or investors alike, this beautifully designed residence combines comfort, space and convenience in one of the Gold Coast's most vibrant lifestyle precincts.

Upon entering, you are welcomed by a spacious open-plan layout that flows effortlessly between the kitchen, dining and living areas. The modern kitchen is well-appointed with stone benchtops and quality new appliances, providing the perfect space for both everyday living and entertaining. The expansive living and dining zones extend seamlessly onto a large private balcony, creating an indoor-outdoor lifestyle ideal for relaxing or hosting guests.

The king-sized master suite offers a true retreat, complete with abundant natural light, generous wardrobe storage and a private ensuite featuring a large shower and luxurious bathtub positioned with windows overlooking the bedroom. The second bedroom is also generously sized, comfortably fitting a queen bed and featuring built-in robes and plenty of sunlight. A spacious main bathroom services the apartment and complements the practical and well-considered layout.

Stepping outside, the large balcony showcases sweeping 180-degree views across Varsity Lakes CBD and the picturesque hinterland, providing a stunning setting for morning coffee, sunset drinks or weekend entertaining. Completing the property are two secure side-by-side basement car parks, offering convenience and peace of mind.

This outstanding apartment delivers the perfect combination of lifestyle, location and low-maintenance living within one of Varsity Lakes' most desirable residential communities.

Boasting Home Features Include:

• Bright and spacious 140m² apartment filled with natural light
• Two generous sized bedrooms, each with built-in storage
• Master bedroom complete with ensuite and walk-in robe
• Air conditioning and ceiling fans for comfort throughout the seasons
• Open-plan living and dining flowing onto a large private balcony
• Modern kitchen with stone benchtops and new quality appliances
• Expansive balcony with 180-degree views of Varsity Lakes CBD and hinterland
• Two secure, side-by-side underground parking spaces for added convenience

Council Rates: Approx. $1,493 bi-annually
Water Rates: Approx. $397 per quarter
Body Corporate: Approx. $165 per week inc lift fund, insurance, sinking & admin fund levies
Rental Appraisal: Approx. $850 - $900 per week

Boasting 'The Reserve' Complex Features Include:

• 47-meter lagoon pool with sandy beach entry and plunge pool
• Private waterfront pavilion with scenic lakeside walking paths
• Heated spa and fully equipped gymnasium
• Library, infrared sauna and private theatre room
• Communal kitchenette and barbecue facilities
• Secure gated complex with visitor parking
• Onsite management and reception

Boasting Location Features Include:

• Beautiful lakeside boardwalks right outside the complex
• Walking distance to Varsity College and Bond University
• Positioned within the vibrant Varsity Lakes CBD precinct
• Surrounded by popular cafés, restaurants, chemist and post office
• Close proximity to Kings, All Saints, Hillcrest and Gold Coast Christian College
• Short drive to Burleigh Heads and the Gold Coast's world-famous beaches

Why Choose Varsity Lakes?

Varsity Lakes continues to stand out as one of the Gold Coast's premier lifestyle suburbs, offering a unique blend of luxury, convenience, and community. Nestled around the picturesque Lake Orr, it features scenic walking tracks, parks, and vibrant cafés that encourage a relaxed, family-friendly atmosphere. Home to the esteemed Varsity College and within walking distance to Bond University, it's a location that appeals to both families and investors. With easy access to Robina Town Centre, transport links, and the M1, Varsity Lakes represents the ideal balance of lifestyle, connectivity, and long-term value.

For more information, contact the Number 1 Agents in Varsity Lakes & Robina, Mitch Harrop & Ben Nantes, today!

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 86/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$902,000
05 May 2026
Listed for Rent
$420/w
01 Jan 2014
  • 05 May 2026
    Sold for $902,000
  • 18 Mar 2026
    Listed for Sale SOLD BY MITCH HARROP
  • 27 Nov 2013
    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. 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 8,104 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.34% increase in median value, while Units have seen a 105.15% increase. As at 30 April 2026:

  • The median value for Houses in Varsity Lakes is $1,413,430 while the median value for Units is $1,010,799.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 39 properties listed for sale, and 23 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 432 properties were sold in the past 12 months in Varsity lakes.

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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.