SOLD
Sold on 05 Mar 2024 for $760,000

12/18 Geraldton Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 107m2
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Property Details for 12/18 Geraldton Dr, Varsity Lakes

12/18 Geraldton Dr, Varsity Lakes is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 2003. The property has a floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Townhouse sold in Varsity Lakes in the last 12 months.

Building Type
Townhouse
Year Built
2003
Floor Size
107m2
Local Government
Gold Coast City
Lot/Plan
12/SP157817

Last Listing description (June 2024)

Motivated Seller - All serious offers will be presented!

*** Video Walk Through on Facebook - Varsity Lakes Property Group ***

Discover serenity and style in this spacious townhouse at 12/18 Geraldton Drive, Varsity Lakes, proudly presented by Mitch Harrop. Nestled in "Forest Mews", where a security gate and intercom system ensure peace of mind.

As you enter you'll notice straight away the sheer size of this home, spreading across three levels. This home has the rare feature of having all three bedrooms paired with their own bathroom. Recent updates add a touch of modern elegance, making it an ideal investment or your first home purchase.

Only minutes from the scenic Lake Orr, and walking distance to Bond University, Varsity CBD, and esteemed schools, this townhouse offers a perfect balance of convenience and charm. Embrace a life where every moment is effortlessly connected to a vibrant community and the beauty of your surroundings.

Boasting Home Features Include:

Open plan living area bathed in natural light, featuring reverse cycle air conditioning and two inviting balconies, fostering a seamless indoor-outdoor lifestyle
Spacious lounge room flowing effortlessly to a north-facing balcony, offering elevated views of the pool and adjacent nature reserve
The large kitchen boasts quality appliances, ample storage, and an all-electric setup
Ground floor hosts a separate bedroom with its own powder room and an additional shower, along with a separate laundry and a sizable backyard for versatile living
Top-level features two bedrooms with abundant storage and floorboards throughout
Master bedroom features two wardrobes, a ceiling fan, a private balcony with leafy outlooks, and an ensuite
Spacious second bedroom comes complete with a double mirrored wardrobe, ceiling fan, balcony, and its own ensuite
Recently refreshed with new lighting, paint, carpets, and curtains throughout, ensuring contemporary and stylish living
Single remote controlled garage with convenient internal access + additional covered parking

Council Rates: Approx. $1,210 bi-annually
Water Rates: Approx. $420 per quarter

Boasting Location Features Include:

Within the Varsity College catchment zone
Short walk to Varsity Primary and secondary schools
Walking trail and park area at the end of the street
Picturesque Lake Orr boardwalks are just moments away
Bond University, transport and local amenities close by
Short drive to Robina Town Centre, Robina Hospital & the glorious golden sandy beaches of Burleigh, Miami and Mermaid Beach

If you are looking to buy your first home, to downsize for ease and convenience or invest in a sought-after location, this home is for you.

Contact your local agent Mitch Harrop for more information today!

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 12/18 Geraldton Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$760,000
05 Mar 2024
Listed for Rent
$750/w
24 Jun 2022
  • 05 Mar 2024
    Sold for $760,000
  • 06 Dec 2023
    Listed for Sale Offers over $719,000
  • 20 May 2022
    Listed for Rent $750 / week
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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, 447 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.