OFF MARKET

11/228 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 73m2
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Property Details for 11/228 Varsity Pde, Varsity Lakes

11/228 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 73m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2007
Floor Size
59m2
Land Size
73m2
Local Government
Gold Coast City
Lot/Plan
108/SP182410

Last Listing description (February 2024)

Well kept and managed this permanently let 1 bedroom apartment boasts an absolutely prime location and no shortage of rental demand.

Smack in the center of the Varsity Lakes "Market Square" district, it's walking distance to Bond University but also well situated to attract professional long-term tenants or corporate visitors and holiday makers.

PROPERTY HIGHLIGHTS
- Generous balcony overlooking market square
- 1 Bedroom with walk-in-robe
- 1 Bathroom
- Living/dining space
- A/C
- Contemporary kitchen with quality appliances
- Laundry facilities
- Secure single car park
- Swimming pool
- Gym
- BBQ
- Executive foyer
- Second floor in a 3 storey walk-up-building with lots of natural light
- Attentive on site managers who actively promote the building to maintain high occupancy.
- Rented and ready to go!

LOCATION HIGHLIGHTS
- Walk to shops, cafes and amenities
- Handy to public transport and Robina Town Centre
- Walking distance to Bond University
- 10min drive to Mermaid Beach or Burleigh Beach

The Chancellor Executive Apartments is a preferred accommodation provider to Bond University and its corporate and conference clientele. In addition to students and conference visitors, it also attracts holiday makers, single professionals for long-stay tenancy plus is the accommodation provider for The Chancellor Conference Centre and many international travel bookers. The Chancellor Executive Apartments boast an extremely high occupancy rate all year around. Our investor is genuine to sell and we welcome your inspection anytime by appointment

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 purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 11/228 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$400,000
24 Nov 2022
Listed for Rent
$390/w
31 Jan 2020
  • 09 Dec 2022
    Listed for Sale Sold
  • 24 Nov 2022
    Sold for $400,000
  • 06 Jun 2021
    Sold for $285,000
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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 8,047 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.
There are currently 30 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 426 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.