1/39 Frascott AvenueVarsity Lakes QLD 4227
Property Details for 1/39 Frascott Ave, Varsity Lakes
1/39 Frascott Ave, Varsity Lakes is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1985. The property has a land size of 61m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (December 2022)
Slow down, pack your board, grab the pooch and move into one of the coolest and most affordable pads on offer in Central GC. This super funky 2 bed/1 bath bungalow has been prepared with a lot of thought for you and has been completely renovated and re-landscaped to just unpack and chill. The pictures will do all the talking for you and are a true representation of the vibe.
Minutes from Burleigh Beach, you'll be spending mornings surfing the Point or grabbing an early brekkie in the garden at Paddock Bakery. Your weekend plans just got tastier with easy access to all that James Street has to offer, and a selection of some of the best bars in the Gold Coast to wet your whistle. A short Uber ride will take you into Broadbeach where the holiday vibe never dies where you can enjoy the fun and frivolities on the regular.
This particular part of Varsity is still so under-rated and still has so much growth in it. It's an absolute gold mine!! Frascott Park which is almost next door, is a minute walk away and is ideal for you to train, bring the kids or the fur baby to burn off some energy, Lake Orr is a short drive, the M1 is 4-minute drive, the Airport 20 mins away, Byron Bay 1 hour from door to shore and let's not forget Robina Town Centre, Varsity Colleges, Bond University and Treetops Shopping Centre. It's a sensational spot!!
There are only 4 bungalows in the complex and the body corp is very low at $35 per week and what I really love about the space is that it actually feels like a home. It's warm, low maintenance and is a great area to wind down or entertain your friends with a large backyard and covered patio.
We will be running an Easy Auction, accessible to all, meaning that we are going to help you buy this home on or before the Auction but most importantly, we are going to guide you through the process. Buying a home should be exciting and be an experience that you remember and we are here to guide you there.
ONSITE AUCTION - 17th December 1pm
HIGHLIGHTS:
2 Bedrooms/1 Bathrooms/Single lock up garage
Warm living and dining areas
Air conditioning
Open and renovated kitchen
New oven and stove
Dryer and washing machine
New dishwasher
Very low Body Corp fees - $35 per week
Covered patio
Renovated bathroom
Re-landscaped garden with large shed
New carpets and floor boards
Freshly painted
Fantastic investment in a high growth area
So close to Burleigh Beach, Robina Town Centre, Varsity College, the M1, the airport and plenty more.
POTENTIAL INCOME:
Rental potential: $600 - $660 week (approx.)
Airbnb/Stayz: $320 - $750 per night (entire home)
SCHOOL CATCHMENT ZONE:
Caningeraba State School
Varsity College Senior School
Bond University
DISTANCES:
Bus Stop - 350 m
Local Shopping Centre - 300 mm
Major Shopping Centre - 4.5 km
Primary School - 1.7 km
High School - 4.2 km by car and 2.1 km by push bike
Parkland - 65 m
Highway - 3.4 m
Train Station - 3.4 km
Beach - 3.8 km
Hospital - 6.4 km
Property History for 1/39 Frascott Ave, Varsity Lakes, QLD 4227
- 28 Nov 2022Sold for $650,000
- 23 Nov 2022Listed for Sale EASY AUCTION - CALL TO DISCUSS
- 19 Jan 2018Sold for $309,000
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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 8,048 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.43% increase in median value, while Units have seen a 78.54% increase. As at 31 October 2024:
- The median value for Houses in Varsity Lakes is $1,169,868 while the median value for Units is $779,938.
- Houses have a median rent of $850 while Units have a median rent of $750.
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