1402/3 Main StreetVarsity Lakes QLD 4227
Property Details for 1402/3 Main St, Varsity Lakes
1402/3 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 104m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (December 2021)
Jon Paul is proud to present and market 1402 at "Varsity on Main", Varsity Lakes. Built in 2008 and perched high on the northerly side of Varsity Lakes, this position commands fantastic views of the Gold Coast hinterland Burleigh Heads. Just a short 8 min drive you can be at Burleigh Heads beach, regarded as a world class surf spot that's popular with families and surfers alike.
Savvy investors will be impressed with getting two incomes on one title and only pay for one body corporate levy of just $93. With elevated 4th level views facing east, the outlook is sunny and pleasant for you, your neighbour, brother, sister, son, daughter, or tenant to offset the mortgage. It's a smart move and will see you paying it off in no time.
The studio apartment will return $265 per week and the one bedroom fully self contained will return $370 per week. Rent one or both for $635 combined per week. Demand for positively returning properties is at an all time high, this complex is lifted, walking distance to Bond University, on-site pool and management makes this one a safe and secure investment.
Two Units | One Title| One Levy
Each unit has separate front doors
Must sell | Owners committed elsewhere
Body Corp $93 per week approx
Compact Studio
* 1 bedroom
* 1 Bbthroom
* 1 toilet
* 1 kitchen
* Fully furnished
* Private balcony views to Burleigh
* Air-conditioned
* Current rental $265 per week till April 2022
Large 1 bedroom
* 1 bedroom
* 1 bathroom
* 1 car park
* Spacious living room
* Private balcony views to Burleigh
* Full size kitchen with fridge | ample storage
* Laundry nook with dryer
* Rental expectations $370 per week till May 2022
* Excellent on-site management team
* Air-conditioned living, ceiling fans
* Owner occupied so the apartment is in excellent condition
Owners have committed elsewhere so this property must be sold at auction.
Property History for 1402/3 Main St, Varsity Lakes, QLD 4227
- 22 Nov 2021Sold for $488,000
- 03 Nov 2021Listed for Sale AUCTION
- 10 May 2014Listed 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 8,078 properties.
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