OFF MARKET

1/13 North Shore Avenue
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 172m2
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Property Details for 1/13 North Shore Ave, Varsity Lakes

1/13 North Shore Ave, Varsity Lakes is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 2001. The property has a floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
2001
Floor Size
172m2
Local Government
Gold Coast City
Lot/Plan
1/SP144685

Last Listing description (December 2021)

Proudly perched on a 269m2 Triplex block with no body corporate, this genuine dual living abode is perfect for buyers looking to merge 2 families together or for the investor looking to boost their portfolio.

This immaculately presented home is currently tenanted with an extremely good cash flow at $1085 per week. The granny flat is a converted garage and completely separate from the main residence. Featuring an open plan living and bedding space with a modern kitchenette, integrated laundry and separate bathroom. Easy access to the backyard and walking side access.


The main residence downstairs encompassing High Ceilings, one bedroom, separate bathroom with toilet, Kitchen with integrated laundry, an open plan living and dining area that connects to an undercover patio. Outside you will find a fully fenced, well manicured garden and three garden sheds. The second floor has the main bathroom with separate toilet, three generous sized bedrooms with built in robes and ceiling fans. The king size master bedroom includes a walk in robe and renovated ensuite.

Property Features Include:
Three bedrooms with built-in robes
King size master with ensuite & WIR
• Two bathrooms in main residence
Ducted air-conditioning and ceiling fans
High ceilings
Self-contained granny flat
Fully fenced backyard with established gardens
Undercover patio
8 x Solar Panels 1.6kw
Rental potential $1100 - $1200 per week
Current tenants require one week's notice
All furniture in property can be inclusive

The location is conveniently positioned being only minutes walk to the Bond University, Varsity College and Primary School, shops, North Shore Park & Lake Orr.
Varsity Lakes is only a short drive to the Robina Town Centre, Stadium and Hospital and also has easy access to M1, great public transport including buses and trains and the iconic Gold Coast Beaches.

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 vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Property History for 1/13 North Shore Ave, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$863,000
14 Nov 2021
Listed for Rent
$460/w
21 Feb 2015
  • 14 Nov 2021
    Sold for $863,000
  • 11 Nov 2021
    Listed for Sale Not Disclosed
  • 25 Mar 2017
    Sold for $530,000
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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.

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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.