OFF MARKET

20 Marks Drive
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 191m2
Land area: 369m2
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Property Details for 20 Marks Dr, Varsity Lakes

20 Marks Dr, Varsity Lakes is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 369m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
2008
Floor Size
191m2
Land Size
369m2
Local Government
Gold Coast City
Lot/Plan
13/SP185198

Last Listing description (April 2022)

What's your favourite position? .Lakefront, close to the beach, a stone's throw to the rainforest, a short drive to the highway and airport, or just down the road to everything else.

This is sensational geographically and the home itself is incredibly generous. It needs some love but my my have I got a vision for it and I'd love to share it with you in person at our opens.

Upstairs, there are 4 bedrooms and 2 bathrooms (ensuite and main) and downstairs, a 5th bedroom (or office), separate laundry, powder room and an open kitchen/living/dining area, which flows to the undercover outdoor entertaining and garden (big enough for a game of footy or backyard cricket). The block is compact yet spacious and overlooks Varsity Waters Lake.

The property has recently been improved with new carpets, external painting and some touch ups throughout.

Picture long walks by the lake and bike rides to Frascott Park. 20 Marks Drive is a no brainer which doesn't need a big wallet. Be fast!!

HIGHLIGHTS:
Solid Rendered Single Storey on a 369m2 block
5 Bedrooms/2.5 Bathrooms/Double lock up garage
Generous living and dining areas
Air conditioning
Open kitchen & living
Lots of storage
New carpets
Freshly painted outside
Separate laundry
Fantastic investment in a high growth area
So close to Burleigh Beach, Robina Town Centre, Varsity College, the M1, the airport and plenty more.
Body Corporate fees

BEDROOMS: - Master with ensuite, fan and spacious walk in wardrobe. Bedrooms 2, 3 and 4 all with with fans and built in wardrobes.
BATHROOMS: - 2 Bathrooms. Ensuite with shower, vanity and toilet. Main bathroom with shower, bath, vanity and toilet. Powder room downstairs
OUTDOORS: - Outside area with grassy yard
KITCHEN: - Open kitchen, breakfast bar and plenty of storage
LIVING: - 1 open living areas joined by a dining room flowing into kitched

POTENTIAL INCOME:
Rental potential: $870-$920 week (approx.)
Airbnb/Stayz: $250-$750 per night (entire home)

COUNCIL RATES:
Council Rates - $2,030.00 (Approx.)
Water Rates - $1,250.00 (Approx.)

SCHOOL CATCHMENT ZONE:
Caningeraba State School
Varsity College Senior School
Bond University

DISTANCES:
Bus Stop - 150 m
Local Shopping Centre - 5 km
Major Shopping Centre - 3.8 km

Primary School - 2.9 km
High School - 5.5 km
Parkland - 350 m
Lake Orr - 2.9 km

Highway -9.6 km
Train Station - 4.3 km
Beach - 6.9 km
Hospital - 5 km

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 20 Marks Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$935,000
31 Mar 2022
Listed for Rent
$595/w
22 Jun 2018
  • 31 Mar 2022
    Sold for $935,000
  • 10 Feb 2022
    Listed for Sale Forthcoming Auction
  • 08 Jun 2018
    Listed for Rent - Price not available
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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 8,041 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 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 423 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.