65 Varsity ParadeVarsity Lakes QLD 4227
Property Details for Lot 1510/65 Varsity Pde, Varsity Lakes
Lot 1510/65 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 97m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Last Listing description (October 2024)
Welcome to this modern and stunning apartment! This fifth floor, 2-bedroom apartment is located on the top floor of the desirable Varsity Waters Apartments, offering extra high ceilings that allow abundant natural light to flood the space.
The east-facing private balcony provides a perfect spot to enjoy your morning coffee while taking in the serene views of Lake Orr. The pool and BBQ facilities offer a great space for entertaining and relaxing with family and friends.
Key Features:
- Expansive balcony with stunning views of Lake Orr & Burleigh headland
- Modern kitchen with top-of-the-line appliances including a dishwasher, ample bench space and storage.
- Stylish bathroom with contemporary fittings
- Master bedroom with water views, ceiling fan, walk in robe and en-suite
- Generously sized second bedroom with water views, a ceiling fan and built in wardrobe
- Currently rented out for $740 per week until August 2024, with the option to extend
- Access to the immaculately kept pool and BBQ area
- Built in 2017, with experienced and professional on-site management team looking after the day to day duties
The numbers:
- Currently rented at $740 p/w (agreement until Aug 2024)
- Achievable rent predicted by the onsite manager $750 - $770 p/w
- Council rates at approx. $46 p/w
- Body Corp fees at approx. $137.36 p/w
- Individual water meters
Investment highlight:
Set and forget this gem as it will be easily rented in this location therefore always generating an income . With everything you could ever need within a short stroll, these apartments are always in high demand.
Location:
The complex is ideally situated within close proximity to local amenities, including shops, restaurants, and public transportation, making it a convenient and desirable place to live:
- 3 min drive to Bond University
- 4 min drive to Robina Town Centre
- 4 min drive to the M1 Motorway entrance North and South
- 10 min drive to the to Miami Beach and Headland.
- Walk and bike paths around Lake Orr right on your door step
- Short stroll to local shops or cafes
- Located within the school catchment zone for Varsity College (primary and secondary education)
Don't miss out on this opportunity to secure a modern apartment in a prime location. Submit your interest today as this one won't last long.
Property History for Lot 1510/65 Varsity Pde, Varsity Lakes, QLD 4227
- 22 Feb 2024Sold for $780,000
- 23 Jan 2024Listed for Sale OFFERS OVER $750,000
- 24 Jul 2023Listed for Rent $740 / week
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 8,128 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 59.67% increase in median value, while Units have seen a 80.98% increase. As at 31 August 2026:
- The median value for Houses in Varsity Lakes is $1,393,843 while the median value for Units is $969,991.
- Houses have a median rent of $960 while Units have a median rent of $830.
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