1 Lake Orr Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

1 Lake Orr Drive
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 181m2
Land area: 181m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for Lot 1304/1 Lake Orr Dr, Varsity Lakes

Building Type
Commercial
Floor Size
181m2
Land Size
181m2
Local Government
Gold Coast City
Lot/Plan
1304/SP199727

Last Listing description (November 2023)

Office Area 181m2*
Gross Income $72,400.00
Ideal SMSF Acquisition

4 Carparks + visitor car parking
Adjacent to major retail outlets, along with cafes & restaurants.

This investment opportunity situated within Bermuda Point Varsity Lakes has numerous offices and medical tenants including cafes and is within a short distance to other major amenities.

Situated across from Bond University this investment opportunity has an exceptional and high traffic flow which allows ease of access for the current tenants and visitors alike, along with the high exposure.

For further information please contact Harry Devine or Brad Merkur directly.

*Approx.

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 Lot 1304/1 Lake Orr Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,155,000
25 Jun 2025
Listed for Rent
27 Jul 2018
  • 25 Jun 2025
    Sold for $1,155,000
  • 23 Jul 2022
    Listed for Sale Contact Agent
  • 09 Jan 2018
    Listed for Sale Not Disclosed
Sign in to see more transactions
Commute Calculator

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 8,127 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 65 properties listed for sale, and 32 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 425 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

Market Insights
Varsity Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Varsity Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.