FOR SALE
$1,900,000.00

4/155 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 280m2
Land area: 2068m2
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TENANTED INVESTMENT OCCUPIED BY THE SAME TENANT FOR OVER A DECADE

Emilio Ciavarella from RWC Burleigh Group is pleased to present this rare commercial unit located at 4/155 Varsity Parade, Varsity Lakes that is filled with A-grade offices. Located in the booming suburb of Varsity Lakes, this property is surrounded by some of the Coast's best, including hospitals, universities, retail, office and public transport that not many other locations on the Gold Coast can provide. With access onto the M1 both North and South only minutes away and access to some of the Gold Coast's best beaches, this is location buying.
The current long-term tenant provides a steady income.
Perfect for investors
Fully fitted and recently renovated
Premium long-term Tenant
Key features include;
• 291m2* office
• 1* kitchen in the office
• 11* car spots on the title
• Bustling area of the Gold Coast
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Property Details for 4/155 Varsity Pde, Varsity Lakes

Building Type
Commercial
Floor Size
280m2
Land Size
2068m2

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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 8,077 properties.

    There are currently 48 properties listed for sale, and 42 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 444 properties were sold in the past 12 months in Varsity lakes.

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    Emilio Ciavarella
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    RWC Burleigh Group
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