1402/65 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 1402/65 Varsity Pde, Varsity Lakes
1402/65 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 97m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Varsity Lakes in the last 12 months.
Last Listing description (October 2024)
This is a rare opportunity to purchase a modern 2 bedroom, 2 bathroom 2 car top-floor apartment in this sought after, secure community ? Varsity Waters Apartments.
The chef's kitchen boasts stone bench tops and modern appliances including a dishwasher, oven and cooktop, and has ample cupboard space.
The extra high-ceilings are exclusive to top-floor apartments in this complex, allowing natural light to flood the open plan living area.
Your new master bedroom opens onto the continuation of the balcony with views of the perfectly manicured facilities, walk in robe and ensuite. The second bedroom also offers views with a double built-in wardrobe. There is a family bathroom with a bath and shower. A European laundry completes this stunning apartment.
The resort-style pool and BBQ area are the perfect place to cool down and entertain your guests. With over 20kms of walkways connecting you to cafes and shops in the heart of Varsity Lakes, you will love where you live.
Key Features:
- Bright and spacious open-plan living area that flows seamlessly to the expansive balcony
- Spacious balcony overlooking the tranquil pool
- Modern kitchen with top-of-the-line appliances including a dishwasher, ample bench space and storage.
- Stylish bathroom with contemporary fittings
- Master bedroom with own access to the balcony, ceiling fan, walk in robe and en-suite
- Generously sized second bedroom, a ceiling fan and built in wardrobe
- Currently rented out for $700 per week, with the option to renew in April 2024
- Access to the pool and BBQ area
- Constructed in 2017, with experienced and professional on-site management team looking after the day to day duties
- Secure parking
The numbers:
- Currently rented at $700 p/w (agreement until April 2024)
- Potential rent predicted by onsite management: $780 - $800 p/w
- Council rates at approx. $46 p/w
- Body Corp fees at approx. $137.36 p/w
- Individual water meter (tenants cost)
Investment highlight:
Set and forget this gem as it will be easily rented in this location therefore always generating an income . With everything you could ever need within a short stroll, these apartments are always in high demand with students, professionals and families alike.
Location:
The complex is ideally situated within close proximity to local amenities, including shops, restaurants, and public transportation, making it a convenient and desirable place to live:
- 3 min drive to Bond University
- 4 min drive to Robina Town Centre
- 4 min drive to the M1 Motorway entrance North and South
- 10 min drive to the to Miami Beach and Headland.
- Walk and bike paths around Lake Orr right on your door step
- Short stroll to local shops or cafes
- Located within the school catchment zone for Varsity College (primary and secondary education)
Property History for 1402/65 Varsity Pde, Varsity Lakes, QLD 4227
- 25 Mar 2024Sold for $650,000
- 31 Jan 2024Listed for Sale Contact Agent
- 25 May 2016Sold for $489,000
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0About 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.
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