FOR SALE
AUCTION

54 Watts Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 191m2
Auction Time
Thu 23 Jan 10:00 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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The Ultimate Lakeside Terrace Home- No Body Corp Fees

*** Auction In Rooms at Gold Coast Convention & Exhibition Centre on 23rd January 2025 from 10am ***
Discover the epitome of lakeside living in this stylish and versatile home, nestled in the heart of Varsity Lakes with breathtaking views over Lake Orr. Imagine waking up to the serene aqua vistas and feeling the refreshing southerly breezes-an everyday luxury in this prime location. Offering the perfect blend of convenience, space, and lifestyle, this property is just a short stroll to market square dining, the CBD hotel, and Bond University.
With the rare benefit of a house and land title, you have full ownership of the land-no body corporate fees, just freedom and flexibility. This home presents an incredible opportunity for those with a business vision to take advantage of the distinct upstairs-downstairs living arrangement, whether you're looking to run a home business or create separate spaces for a growing family. Its dual access from Watts Drive and Lader Terrace provides privacy and ease of access for any lifestyle.
Step outside and take in the inspiring views, where you'll be greeted by the natural beauty of the lake and its local inhabitants-wild black swans, schools of bream, and stingrays gliding by. Whether you're casting a line from your private jetty or simply relaxing on your balcony, the tranquil environment will fill you with peace and wonder.
Designed for low-maintenance, high-lifestyle living, this property ensures you spend more time with your loved ones, not on upkeep. With bike paths, walking tracks, and all the conveniences you need right at your doorstep-restaurants, shops, hospitals, and Varsity College-you're at the heart of everything. Plus, with easy-to-manage gardens and no lawn care, you can lock up and go whenever you like, knowing your home will be safe and secure.
Key Features:
• Panoramic Lake Orr views, perfect for morning coffees and sunset reflections
• Direct access to the lake for fishing, kayaking, or just soaking in nature
• Fully owned house and land title (no body corporate fees)
• 1 Spacious master suite with walk-in robe, en-suite, and balcony
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Property Details for 54 Watts Dr, Varsity Lakes

54 Watts Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 191m2. The place is currently for sale with Ray White Robina.

Building Type
House
Floor Size
191m2

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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 8,102 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.35% increase in median value, while Units have seen a 85.66% increase. As at 30 November 2024:

  • The median value for Houses in Varsity Lakes is $1,165,246 while the median value for Units is $800,813.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 27 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 436 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Jon Paul
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Ray White Robina
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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.