SOLD
Sold on 12 Feb 2024 for $500,000

129/1-7 Moores Crescent
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 74m2
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Property Details for 129/1-7 Moores Cres, Varsity Lakes

129/1-7 Moores Cres, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 74m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
65m2
Land Size
74m2
Local Government
Gold Coast City
Lot/Plan
29/SP206288

Last Listing description (March 2023)

Herbert Frey is proud to present this stylish apartment to the open market.

The standout of this apartment is the huge bedroom sizing up at 3.4 x 4.7 sqm! A lot of two bedroom apartments are only slightly larger in total internal sqm and simply have more dividing walls, so this unit offers great value for money.

This location is very popular, situated to enjoy the best of Varsity Lakes within walking distance to a local IGA, cafes, restaurants, sushi shops, bakeries and the list goes on! Education is also well accommodated for, with the Bond University just up the road, plus a huge shopping complex at Robina Town Centre an easy 6 minute drive away.

The onsite management team in Chancellor Lakeside is highly professional, friendly and responsive, which makes for a welcome and pleasant living experience. Due to the aspect of the apartment you will enjoy plenty of natural light coming in and thanks to secluded positioning there is next to no traffic noise, the atmosphere is very homely and comfortable. You will love the unique rooftop pool and gym with surrounding views of leafy green, modern suburbia and distant beautiful mountains.

The desirable rental return potential is also an added bonus for those looking for a sensational investment to add to their portfolio.

You really need to come and see this wonderful property to appreciate it fully.

Apartment highlights:

* Approximately 69 sqm in total, 62 sqm excluding the balcony
* Large open plan living/dining area flows through to the covered balcony
* Kitchen with built in euro appliances
* 3.4 x 4.7 sqm bedroom with built in wardrobe
* Bathroom with shower over bath and stone top vanity
* Secure underground carpark with lift access
* Air-conditioning for the living room and ceiling fan in the bedroom

Complex:

* Lift access
* Underground carpark
* Rooftop swimming pool with views of the lake and hinterland
* Gym
* Pet Friendly

Financials:

* Current rental income (please contact the agent)
* Rental appraisal (please contact the agent)
* Body corp fees around $120 per week
* Council rates (please contact the agent)
* Water rates (please contact the agent)

* For further figures please request from the agent

Please contact Herbert Frey with any questions you may have or any requests you would like accommodated.

Disclaimer:
Advertising 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 129/1-7 Moores Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$500,000
12 Feb 2024
Listed for Rent
$415/w
10 Nov 2015
  • 12 Feb 2024
    Sold for $500,000
  • 05 Dec 2022
    Listed for Sale Contact Agent
  • 15 Oct 2015
    Listed for Rent - Price not available
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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 8,041 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, 423 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.