186/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 912m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
This contemporary ground floor apartment is one of very few that offers an expansive north-easterly wide water aspect over Lake Orr. Positioned on the ground floor which includes large entertainers balcony with direct access to the waters edge and a private courtyard area off the dining and bedroom zones.
Very rarely do the ground floor apartments become available in this awesome complex. BE QUICK with this one.
Features:
Onsite Facilities Include:
-Lagoon pool
-Spa pool
-Gym,
-Library
-Theatre
-BBQ areas
-Communal kitchen option
-24 hour security
-Body Corp: $121.90 per week approximately
-Rental Appraisal: $680 - $700 per week
-Council rates $1,800.00 per year approximately
-Water rates $1,200.00 per year approximately
Currently tenanted until June 2023.
The apartment has clearly been well looked after and is in good condition. Not only is it positioned to enjoy the favoured North-East aspect but it is only a moments walk to Bond University, Varsity College, restaurants, cafes and local shops.
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:
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