98 University DriveVarsity Lakes QLD 4227
Property Details for Lot 35/98 University Dr, Varsity Lakes
Lot 35/98 University Dr, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. While the property is not currently for sale or for rent, it was last sold in February 2025.
Last Listing description (August 2024)
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Gorgeous Single-Level Apartment with No Stairs!!
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Seize this unique opportunity to own a beautiful single-level apartment at 35/98 University Drive, Varsity Lakes, proudly presented by Mitch Harrop. This charming residence features many appealing amenities and a tranquil location with lovely views overlooking Varsity Oval.
Upon entering, you'll be captivated by the expansive and luminous tiled open floor plan, creating an exceptional living environment. Its elevated position guarantees a steady flow of invigorating breezes year-round.
Perfect for downsizers, investors, and first-time homebuyers seeking a convenient lifestyle, this property offers a secure parking spot, a functional layout, and close proximity to Bond University, Varsity College, and Varsity CBD. Enjoy the convenience of a lock-up-and-leave lifestyle. We are confident you'll adore this home as much as we do.
Boasting Home Features Include:
* Single level apartment with no stairs to navigate
* Owner-occupied and available for immediate move-in
* Spectacular, uninterrupted views of Varsity Oval and Varsity College
* Inviting, bright, and airy ambience with abundant natural light throughout
* Spacious, sunlit living area with tiled flooring seamlessly extending to a covered balcony
* Large private balcony with a lush, leafy outlook, perfect for year-round entertaining
* Contemporary kitchen boasting stone countertops with a breakfast bar
* The luxurious king-sized master bedroom features a walk-through wardrobe, a fully renovated ensuite, and balcony access
* Additional generously-sized bedroom at the opposite end of the apartment, equipped with a built-in wardrobe and ceiling fan
* Well-designed main bathroom with a separate bathtub and shower
* Versatile study nook, perfect for remote work or focused study
* Plenty of storage options throughout, complemented by air conditioning for year-round comfort
* Recently refreshed with new internal paint, stunning tiles and new blinds throughout
* Secure undercover parking space, providing peace of mind for vehicle storage
Council Rates: Approx. $760 bi-annually
Water Rates: Approx. $336 per quarter
Body Corporate: Approx. $95 per week
* Rental Appraisal: $700 - $750 per week
Boasting Complex Features Include:
* Gymnasium
* Pool with separate spa
* Two shared BBQ areas
* Owners Lounge
* Manicured grounds
* Recently repainted
* On-site Manager
If you are looking to own or invest in this much sought-after complex in the heart of Varsity Lakes with a short walk to the restaurants of Varsity CBD and minutes to Bond University, then come and see this fantastic apartment.
Contact your local agent for more information, Mitch Harrop, 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 Lot 35/98 University Dr, Varsity Lakes, QLD 4227
- 02 Jul 2024Sold for $750,000
- 12 Jun 2024Listed for Sale Under Contract
- 02 Nov 2018Sold for $330,000
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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 8,107 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 77.66% increase in median value, while Units have seen a 101.59% increase. As at 31 May 2026:
- The median value for Houses in Varsity Lakes is $1,406,103 while the median value for Units is $1,018,407.
- Houses have a median rent of $950 while Units have a median rent of $810.
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