SOLD
Sold on 24 Jan 2024 for $525,000

1601/3 Main Street
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 88m2
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Property Details for 1601/3 Main St, Varsity Lakes

1601/3 Main St, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 88m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
100m2
Land Size
88m2
Local Government
Gold Coast City
Lot/Plan
1601/SP199636

Last Listing description (October 2024)

Oversize One Bedroom Penthouse Apartment - Varsity on Main!

Explore the expansive one-bedroom residence located at 1601/3 Main Street, Varsity Lakes, proudly presented by Mitch Harrop. This represents an exceptional chance for those in pursuit of a modern and comfortable living experience.

Situated in on the top floor, penthouse corner position, the apartment captures refreshing breezes throughout the year and offers picturesque vistas of the Varsity skyline. Boasting a generous 88sqm floorplan, this dwelling is bathed in natural light, creating a luminous and inviting living space.

Ideal for downsizers, investors, and first-time homebuyers seeking a hassle-free lifestyle, this residence is within walking distance to Bond University, Varsity College, and Varsity CBD. We are confident that you will appreciate this home as much as we do.

Boasting Home Features Include:

Expansive floorplan, bathed in an abundance of natural light
Elevated end position, capturing refreshing breezes
Airy ambience complemented by a soothing neutral palette
Well-equipped kitchen featuring a luxurious Caesar stone benchtop, a convenient island bench, and
ample storage space
Seamlessly connected open plan living and dining area leading to a private balcony
Luxuriously oversized master bedroom adorned with a walk-in robe, a ceiling fan, and captivating
panoramic views
Thoughtfully designed separate study area and a generously proportioned internal laundry room
Year-round comfort is assured with reverse cycle air conditioning in the living area
Modern appliances and ample storage are seamlessly integrated throughout, adding both style and functionality to the space

Council Rates: Approx. $1,200 bi-annually
Water Rates: Approx. $450 per quarter
Body Corporate: Approx. $85 per week

Boasting Complex Features Include:

Large private pool and sun lounge area
Air conditioned gymnasium
Large outdoor entertaining and BBQ area
Secure gates parking with allocated space
Visitor parking and onsite management

This beautiful apartment also enjoys being within an easy stroll to the vibrant Varsity Lakes caf? and restaurant scene. It is a wonderful, secure, community lifestyle within close proximity to Burleigh Heads Beach, Robina Town Centre, Bond University, premier schools, hospitals and conveniently close to buses and Varsity Train Station.

For more information contact your local agent Mitch Harrop today!

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 1601/3 Main St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$525,000
24 Jan 2024
Listed for Rent
$590/w
18 Mar 2024
  • 10 Mar 2024
    Listed for Rent $590 / week
  • 24 Jan 2024
    Sold for $525,000
  • 19 Jan 2024
    Listed for Sale Sold
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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 8,045 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.
There are currently 33 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 424 properties were sold in the past 12 months in Varsity lakes.

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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.