OFF MARKET

129 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 125m2
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Property Details for 129 Varsity Pde, Varsity Lakes

129 Varsity Pde, Varsity Lakes is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2008. The property has a land size of 125m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2008
Floor Size
130m2
Land Size
125m2
Local Government
Gold Coast City
Lot/Plan
9/SP198493

Last Listing description (February 2024)

*** All inspections by appointments only***

DUAL income stream!
Looking for an investment that will work for you?

This one will offer you that opportunity! Whether you run a business, rent it out or live in it with an industrial, but modern interior, this one has so much to offer!

The upstairs offers a separate home living space, with the down stairs easily doubling up as a business from home, business to be rented out or the downstairs living arrangement. Here's the thing, there are no limits in how you want to set this one up.

With the property set in the Varsity CBD it is perfect either way and if you are looking at it as an investment, there are plenty of students looking for accommodation.

Under roof floor space - 128sqm
Body Corp work out to $28 per week( Sinking Fund Included)
Rates are around $1600 per year
* Please enquire about the rental options*

Property Features:

Upstairs;

– Ample storage space
– Living & Dining room combo
- Master bedroom with Built in wardrobe + bathroom access & Air conditioning
- Second Bedroom with street view
- Kitchen & washing machine facility
- Separate front door access
- Wooden flooring throughout

Down Stairs:
- Separate access, sliding doors
– Single Automated Garage
– Large floor space, currently making space for 4 rooms plus reception
- Fully functional second kitchen
– Second bathroom & Basin ( no Shower)
- Polished Industrial concrete floors throughout
– Low Maintenance rear courtyard with artificial turf and low maintenance garden
– Low body corporate fees
– Ceiling fans throughout

**Disclaimer of the advert: When preparing this information, we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
The vendors reserve their right to accept offers at anytime as well as change the proposed date and time for offers to be made at any time.

Property History for 129 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$791,700
16 Aug 2023
Listed for Rent
$450/w
07 Mar 2015
  • 16 Aug 2023
    Sold for $791,700
  • 12 Jul 2023
    Listed for Sale Not Disclosed
  • 20 Nov 2015
    Sold for $441,500
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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, 448 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.