OFF MARKET

2/8 Gainsborough Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 108m2
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Property Details for 2/8 Gainsborough Dr, Varsity Lakes

2/8 Gainsborough Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1997. The property has a floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1997
Floor Size
108m2
Local Government
Gold Coast City
Lot/Plan
2/BUP105869

Last Listing description (March 2023)

This desirable duplex has been tastefully updated, the light filled interior is warm and welcoming and the opportunity to get into the market is now here. Consisting of spacious main living, dining and kitchen, three bedrooms, 2 bathrooms and great yard for the kids and pets. This property has been recently updated, tiled throughout with carpet in 2 bedrooms. This is an opportunity for the first home buyers, investors, retirees or young family.

Features:
Updated kitchen with granite benches, stainless steel appliances, large pantry & dishwasher

Master bedroom with ensuite & BIR's
Two further bedrooms with BIR's
Main bathroom with bath & shower
Tiled open planned living areas
Outdoor entertaining area adjacent to the kitchen
Air conditioning
Fans throughout
Separate laundry
Single Lock Up Garage
Room for the boat or caravan with concrete pad
Secure backyard ideal for children and pets.
Low maintenance gardens
Garden shed
No Body Corporate Fees
Joint Insurance $1,700.00 per year combined

Rates approx. $850.00 per 6 months
Water approx $350.00 per quarter

Tenanted through until 30th April, 2022. The tenants are actively looking to purchase and may leave prior to their lease expiring if they secure a property to buy. Currently rented at $350 per week which is below standard rent.

Rental appraisal is $650 - $680 pper week.

This is a great area close to Frascott park, schools, transport, shopping and less than 5km's to Burleigh Beach. Family friendly neighbourhood.

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Property History for 2/8 Gainsborough Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$705,000
01 Dec 2021
  • 01 Dec 2021
    Sold for $705,000
  • 10 Nov 2021
    Listed for Sale Contact Agent
  • 18 Sep 2001
    Sold for $130,000
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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 8,078 properties.

    There are currently 49 properties listed for sale, and 42 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 442 properties were sold in the past 12 months in Varsity lakes.

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