OFF MARKET

16/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 3362m2
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Property Details for 16/255 Varsity Pde, Varsity Lakes

16/255 Varsity Pde, Varsity Lakes is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 3362m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
2006
Floor Size
130m2
Land Size
3362m2
Local Government
Gold Coast City
Lot/Plan
16/SP164872

Last Listing description (May 2021)

Breathtaking Lake Orr and mountain views. The perfect location if you plan to attend Bond University or just want a high rise apartment that offers a convenient location, stress free lifestyle.

A prime central location in Varsity Lakes within walking distance to the prestigious Bond University, the social hub of Varsity Parade and the cafes, restaurants, sporting facilities, recreational parks and shopping precinct.

Only a few minutes drive to the Robina Town Centre, train station and hospital. Approximately 14 minutes to Broadbeach or the beautiful beaches of Burleigh.
Light, bright and impressive outlook and location. This is the perfect opportunity to secure as an investment or ideal to move into as your own abode.

Features Checklist:
Breathtaking lakeside and mountain views
Private balcony overlooks the stunning views
3 Large bedrooms, built-in robes
Main bedroom with ensuite, walk-in robe and air-conditioning
Spacious open plan living, and dining tiled throughout
Light, bright and airy with high ceilings
Floor to ceiling glass doors, wide windows to capture the views
Modern kitchen, dishwasher, ample storage
Reverse cycle air-conditioning
Magnificent Swimming pool and gymnasium
2 Secure underground parking spaces with lift access to your apartment
Central location, perfect investment for university students or for long-term tenancies
Currently tenanted at $650.00 per week
Two Units Available For Sale; All 3 Bedrooms x 2 Bathrooms and spacious.
* Level 5, Unit 58 | Water rates approximately $362.39 per quarter | Land rates approximately $1,062.44 per six months
* Level 2, Unit 16 | Water rates approximately $350.57 per quarter | Land rates approximately $982.18 per six months

* For further discussions regarding the rental amounts and lease arrangements, please contact me directly.
Act Now To Secure These Amazingly Spacious Apartments ~ Each Offering Their Own Outlook.

COVID-19 Disclaimer:
All representatives of our agency will conduct open homes and private inspections as per the social distancing rules in accordance with Government guidelines.

Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 16/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$510,000
05 Dec 2020
Listed for Rent
$560/w
11 Aug 2012
  • 05 Dec 2020
    Sold for $510,000
  • 17 Sep 2020
    Listed for Rent $250 / week
  • 16 Jun 2020
    Listed for Sale SOLD By Terrilee
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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.

Suburb Insights for Varsity Lakes 4227

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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.