1510/65 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 1510/65 Varsity Pde, Varsity Lakes
1510/65 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. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Varsity Lakes in the last 12 months.
Last Listing description (October 2024)
Welcome to this modern and stunning apartment! This fifth floor, 2-bedroom apartment is located on the top floor of the desirable Varsity Waters Apartments, offering extra high ceilings that allow abundant natural light to flood the space.
The east-facing private balcony provides a perfect spot to enjoy your morning coffee while taking in the serene views of Lake Orr. The pool and BBQ facilities offer a great space for entertaining and relaxing with family and friends.
Key Features:
- Expansive balcony with stunning views of Lake Orr & Burleigh headland
- Modern kitchen with top-of-the-line appliances including a dishwasher, ample bench space and storage.
- Stylish bathroom with contemporary fittings
- Master bedroom with water views, ceiling fan, walk in robe and en-suite
- Generously sized second bedroom with water views, a ceiling fan and built in wardrobe
- Currently rented out for $740 per week until August 2024, with the option to extend
- Access to the immaculately kept pool and BBQ area
- Built in 2017, with experienced and professional on-site management team looking after the day to day duties
The numbers:
- Currently rented at $740 p/w (agreement until Aug 2024)
- Achievable rent predicted by the onsite manager $750 - $770 p/w
- Council rates at approx. $46 p/w
- Body Corp fees at approx. $137.36 p/w
- Individual water meters
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.
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)
Don't miss out on this opportunity to secure a modern apartment in a prime location. Submit your interest today as this one won't last long.
Property History for 1510/65 Varsity Pde, Varsity Lakes, QLD 4227
- 22 Feb 2024Sold for $780,000
- 23 Jan 2024Listed for Sale OFFERS OVER $750,000
- 24 Jul 2023Listed for Rent $740 / week
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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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