143 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 143 Varsity Pde, Varsity Lakes
143 Varsity Pde, Varsity Lakes is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 259m2 and floor size of 326m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Varsity Lakes in the last 12 months.
Last Listing description (August 2024)
Introducing a versatile 4-bedroom property or office space that allows you to separate your work and home life seamlessly. Located on Varsity Parade, this dual living residence offers prime exposure and foot traffic, ideal for various businesses like digital marketing, medical practices, childcare, architecture, consulting, or beauty services. While designed for business use, this property also offers ample living space with modern amenities, including spacious living areas, contemporary bathrooms, and a courtyard for relaxation and entertainment with family and friends.
Property Highlights:
Type: Spacious 4-Bedroom Dual Living Home
Location: Prime spot in the heart of Varsity Lakes
Unique Features:
Dual Living Potential: Perfect for co-ownership with family members
Income Generation: Rent out one side or list on Airbnb during holidays
Exceptional Value: More affordable than two 2-bedroom units
Prime Location:
Accessibility: Bus stop just steps away
Lifestyle Hub: Stroll to the best cafes and restaurants on the coast
Proximity to Education: Minutes from Bond University and Varsity Lake
Financial Perks:
Cost-Effective: Generate rental income to cover body corporate and other expenses
Invest in a versatile property that offers comfortable living and financial benefits. Secure this rare SOHO design in a coveted location today!
Key features include:
Main residence on Saint Clair Lane:
• 2 large bedrooms with rear deck
• Brand New Carpet
• Freshly Painted throughout
• 2 bathrooms
• Brand New Galley style kitchen with gas cooking
• Neff integrated dishwasher
• Shaker style doors with matt finish 2 pack painted
• Walk-in robe and mirrored wardrobes
• Updated Downstairs laundry with separate toilet and courtyard
• Total area of approximately 326 sqm
• Dedicated work/office space of 65 sqm
• Solar system with 6.5Kw capacity
• Save Water! Underground Water Tank- Supplies water to gardens, toilets & laundry
• Low maintenance with expected power bills of $80+ per quarter
• Secure parking for two vehicles, plus visitor and off-street options
• Air conditioning throughout with split systems
• Enhanced security features including CrimSafe doors and pin-coded deadbolt locks
• Multiple courtyards and a deck for outdoor enjoyment
• Rent Commercially the entire property for $1500 per week approx
• Front of House Studio at 143 Varsity Parade:
2 bedroom studio
• 1 downstairs room and 1 upstairs loft bedroom (sleeps up to 4)
• Timed Front Door Pin Coded Lock (ideal for guests or tenants)
• Exclusive signage opportunities on Varsity Parade
• Expected rental return from entire studio $680 per week or option to Airbnb for $240 per night
• Private access from Varsity Parade or Saint Clair Lane
• Open-plan layout suitable for a team of 8 to 10 staff, pilates studio, beauty or IT business venture
• Studio has a kitchen with electric oven, cooktop and space for fridge
• Dual zoning for commercial and residential use
• Close proximity to Robina Town Center and Bond University
• High-speed fiber internet available.
Don't miss this rare opportunity to view this unique property. Contact us today for a private viewing or attend our scheduled open house times.
Property History for 143 Varsity Pde, Varsity Lakes, QLD 4227
- 19 Sep 2024Listed for Rent $1,090 / week
- 12 Aug 2024Sold for $1,205,000
- 05 Jul 2024Listed for Sale $1,200,000 +
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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 8,048 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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