OFF MARKET

174/33 Lakefront Crescent
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 77m2
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Property Details for 174/33 Lakefront Cres, Varsity Lakes

174/33 Lakefront Cres, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 77m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
Unit
Year Built
2015
Land Size
77m2
Local Government
Gold Coast City
Lot/Plan
174/SP244125

Last Listing description (February 2019)

Offered well below the original developers price in an estate that has it all - modern gym, two pools, spa, sauna, onsite management, security, secure undercover car-parking, undercover bike storage area, storage cage next to your allocated car-parking space, huge outdoor rooftop entertaining area... (but with low body corporate)
Take the lift to the seventh floor and walk down to this end apartment - the first thing you will notice as you are welcomed is the size then bright and light feel. Up at this height you take in views of the Gold Coast skyline from Burleigh to Surfers plus Hinterland views from the balcony - all facing the ideal North East aspect.
Ideal for a young professional couple or single who want to live in an almost new apartment in walking distance to Varsity CBD, Bond University, corporate offices of Varsity Lakes, cafes, supermarket and Varsity College. Alternatively build your property portfolio one bedroom units in Aura Apartments renting between $430 - $450 per week (FANTASTIC YIELD for investors).

With all those facilities you may expect a high body corporate however the Body Corporate Disclosure Statement confirms you will only be paying $60 per week (approx.)
Water and electricity are individually metered in AURA Apartments. Solar power provides electricity for the pool equipment and lighting in common areas.
PROPERTY FEATURES:
- 1 large bedroom PLUS a second room - currently used as a study but will easily fit a single bed for young couple or single parent with a baby/child
- Walk to Varsity College
- Two-way bathroom to living and bedroom
- Kitchen with stone benchtops, plenty of storage space, double sink, island bench, electric cook top, range hood, dishwasher and oven
- Ducted air conditioning
- Laundry cupboard
- Outdoor double powerpoint on the balcony
- Allocated secure, undercover car parking
- Storage cage next to the car parking space
- Secure, undercover bicycle storage area
- Two pools and spa
- Gym
- Sauna
- Onsite management
- Optic Fibre Cable Internet
- Solar panels
- Rooftop terrace
- Only 32 apartments per building
- Views from Burleigh to north of Surfers Paradise skyline
- Gold Coast Hinterland views from the balcony
Investment Outgoings: (approx. figures)
Rates $901.76 (6-months)
Water $289.65 (Quarterly) subject to usage
Body Corp ~$60 per week
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 174/33 Lakefront Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$340,000
30 Jan 2019
  • 30 Jan 2019
    Sold for $340,000
  • 10 Oct 2018
    Listed for Sale Buyers looking above $329,000
  • 24 Dec 2015
    Sold for $395,000

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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 8,045 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.