OFF MARKET

2 Magenta Drive
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 293m2
Land area: 623m2
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Property Details for 2 Magenta Dr, Varsity Lakes

2 Magenta Dr, Varsity Lakes is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 2001. The property has a land size of 623m2 and floor size of 293m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
2001
Floor Size
293m2
Land Size
623m2
Local Government
Gold Coast City
Lot/Plan
99/SP141110

Last Listing description (February 2024)

Auction Location: On-Site

Today an unmissable opportunity has been put before you with one of Varsity Lakes' best homes!

This grand 5-bedroom family home has been recently renovated and is position perfect. Set on an idyllic 623sqm securely gated corner block, enjoy the scenic views overlooking the 'Dress Circle' park and being just a flat short walk to the picturesque shores of Lake Orr.

As you enter this beautiful masterpiece, you will notice the soaring 5.8m high ceilings, sense of space and unique architecture like none other. The finish and quality put into this home is simply breathtaking, from high pitched ceilings to decorative architrave, multiple living rooms to covered alfrescos, we're certain you'll love this home as much as we do.

Boasting home features include;

* 5 large bedrooms with built in or walk in robes and 3 modern bathrooms
* Separate guest bedroom or parents retreat downstairs with own bathroom
* Huge master with walk in robe and en-suite with his & her basins
* Immaculate kitchen, stone bench tops & generous walk in pantry
* Pristine lap pool and beautiful landscaped gardens
* Open plan tiled living and dining flowing out to covered alfresco
* 2 living areas at either end of the house with feature fireplace and private courtyard
* Multiple outdoor entertaining and seating areas for space and privacy
* Ducted air conditioning recently installed throughout the upstairs
* Secure corner position, fully fenced with alarm system & intercom
* Oversize 2.5 car garage with fantastic storage and full laundry room
* Grand street presence with private wall boundary & security gate
* Large water tank & additional private courtyard out back
* 623sqm corner block overlooking the Dress Circle park
* Approx. 350sqm quality build & finishes
* $500,000 unimproved capital land value (2020)

Don't compromise your lifestyle, move into this beautiful home with nothing to be done with recent renovations including: Quality kitchen with stone bench tops, main bathroom and en-suite upstairs, new carpet and fans throughout entire home, interior and exterior paint plus render, roof painted, ducted air conditioning upstairs, downstairs bedroom and garage flooring laid and beautiful landscaping to the gardens.

This home is also situated within the Varsity College catchment zone, is a short walk to Bond University and only moments away from the Gold Coast world renowned beaches, you will not be disappointed by the fantastic location.

The owners would like this home sold at Auction on the 9th of May, I strongly recommend you inspect this impressive home and have everything ready to purchase, you won't want to miss this one!

Contact your local specialist Mitch Harrop for more information 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 2 Magenta Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,420,000
09 May 2021
  • 23 Jun 2021
    Listed for Sale Sold at Auction
  • 09 May 2021
    Sold for $1,420,000
  • 22 Apr 2021
    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 8,048 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 30 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 419 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.