OFF MARKET

1209/3 Main Street
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 78m2
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Last updated 11 Nov 2024
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Property Details for 1209/3 Main St, Varsity Lakes

1209/3 Main St, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 78m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2008
Floor Size
70m2
Land Size
78m2
Local Government
Gold Coast City
Lot/Plan
1209/SP199636

Last Listing description (December 2023)

What an opportunity! Why wait for tenants to move out? You can move in exactly one month before Christmas.

Yes the photos are the same as in person and this immaculately presented apartment located on level 2 is ideally suited for those that want the convenience of a central home that's got so much future potential. Main street is earmarked for a new shopping precinct and new Coles making this one even more desirable. If you're seriously considering buying in Varsity On Main then this is a must to add to your list. The owner has taken great pride in the apartment and recently repainted, carpeted and renewed the oven and cooktop. Walking distance to Bond University, Hotel CBD, lakeside walks, parks and 10 minutes to the North Burleigh Beach. This one will be sold immediately so get in quickly to secure this opportunity.

- 2 Bedrooms

- 2 Bathrooms
- Laundry with Dryer
- 1 Car Park on title, gated and secure
- Onsite Management and Intercom
- Hinterland Views
- Airconditioned
- Pool, Gym
- Covered Visitor Parks

Expected income $650 per week
Rates $1001 (6 monthly) approximately
Water $330 per quarter approximately
BC $93 per week
Sinking Fund Healthy at $800,000+ approximate

Contact Jon Paul Varsity Lakes Number 1 Agent " Rate My Agent - Varsity Lakes 2023" for a genuine conversation about getting this one secured.

Auction 26th October, 2pm at "The Quest Hotel" Robina

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Property History for 1209/3 Main St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$520,000
26 Oct 2023
Listed for Rent
$470/w
04 Jan 2019
  • 26 Oct 2023
    Sold for $520,000
  • 10 Oct 2023
    Listed for Sale Contact Agent
  • 05 Jan 2022
    Sold for $458,000
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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 8,045 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 31 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 424 properties were sold in the past 12 months in Varsity lakes.

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