OFF MARKET

39 Gerona Circuit
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 241m2
Land area: 1182m2
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Property Details for 39 Gerona Cct, Varsity Lakes

39 Gerona Cct, Varsity Lakes is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 1182m2 and floor size of 241m2. While the property is not currently for sale or for rent, it was last sold in November 2003.

Building Type
House
Year Built
2005
Floor Size
241m2
Land Size
1182m2
Local Government
Gold Coast City
Lot/Plan
362/SP158905

Last Listing description (July 2024)

The Micallef Team is proud to present to the market another family home that boasts a tremendous amount of potential, located in the highly sought-after Varsity Lakes. Council guidelines indicate the rare opportunity for the site to be developed with the two main possibilities being an additional granny flat to accommodate extended family or a 3-4 townhouse development.

The existing site offers a meticulously designed five-bedroom home with one of the largest corner blocks that Varsity Lakes has to offer.

Key Features:

5 bedrooms, 2 bathrooms, 2-car garage
Spacious open plan living, dining, and kitchen area with air conditioning
Kitchen featuring main appliances and bench seating
Master suite with air conditioning, outdoor access, and ensuite
Ensuite with shower, double vanity, and separate toilet
4 additional bedrooms with built-in robes and ceiling fans
Main bathroom with shower, bath, separate toilet, and vanity
Additional family room for extra space
Covered outdoor entertaining area
Large grassed area perfect for kids and pets
Fully fenced, low maintenance 1182m corner block
Colourbond fence installed 2 years ago
Expansive yard with subdivision potential
Plenty of room to build an 80-100m granny flat
Eco-friendly solar system with 16 panels
Rates: $2,618.84pa approx.
Water rates: $992.80pa approx.
Rental appraisal: $950 - $1050 per week

Only a short drive to the world-renowned golden sandy beaches of Burleigh Heads, Miami and Mermaid Beaches. Highly desired school catchment within close proximity for the school runs. Local family and dog parks plus Lake Orr boardwalks are a stone's throw away. Cafes, local shops & restaurants, bus stop, and Bond University are just moments away. Robina Town Centre, Robina Hospital and Varsity Train Station are all close by.

Submit an enquiry now to receive a copy of the Diligence Pack or contact The Micallef Team on 0410 503 518.

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. 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. Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 39 Gerona Cct, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$239,000
11 Nov 2003
Listed for Rent
$595/w
23 Jul 2013
  • 16 Jul 2024
    Listed for Sale $1,895,000
  • 19 Jul 2013
    Listed for Rent - Price not available
  • 06 Jan 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 2011 was 14,365 people. By 2016 the population was 15,000 showing a population growth of 4.4% 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 2011, 51.9% of the homes in Varsity Lakes were owner-occupied compared with 51.3% in 2016.

Varsity Lakes has 8,093 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 86.62% increase in median value, while Units have seen a 77.39% increase. As at 31 July 2024:

  • The median value for Houses in Varsity Lakes is $1,162,033 while the median value for Units is $760,798.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 30 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 448 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.