SOLD
RECENT ADVICE
Sold on 12 Apr 2024 for $720,000

209/29-49 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 209/29-49 Varsity Pde, Varsity Lakes

209/29-49 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Apartment sold in Varsity Lakes in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
209/SP246289

Last Listing description (April 2024)

Presenting an expansive and contemporary apartment nestled within the secure confines of the Edgewater Residences complex.

This thoughtfully designed apartment boasts high ceilings throughout, accentuating its spaciousness, and features a layout that ensures privacy, with a bedroom and bathroom positioned at each end. The generously proportioned lounge area is bathed in natural light streaming in through the floor-to-ceiling windows and sliding doors of the two adjoining balconies.

This property presents an outstanding investment opportunity, offering a rental return of approximately $800 per week, equating to a solid 6% rental yield.

Key features include:

• Two spacious bedrooms, including a master with walk-in robe and en-suite
• Main bathroom with a relaxing bath
• Modern kitchen complete with sleek stone bench tops and dishwasher
• Two allocated car spaces along with a convenient storage shed
• Comfortable living ensured with air-conditioning and ceiling fans
• Easy access to the complex pool and other amenities
• Easy access to the apartment from the basement or directly from Varsity Parade
• Enjoy the modern building and facilities, only 10 years old
• Pet-friendly (Subject To Body Corporate Approval)

Body corporate: $100 a week approx
Council rates: $2,000 per year approx
Rental return: $800 per week approx

Edgewater Residences also boast exceptional facilities, including lush gardens, a fully equipped gym, inviting BBQ area, a 25-metre lap pool, and a vibrant table tennis games room.

This prime location offers easy access to the picturesque Lake Orr walking track and parklands, public transportation, Aldi shopping centre, the Varsity Lakes sports house and boat shed, and the esteemed Varsity College Primary and Secondary campuses – Queensland's largest independent school.

Additionally, within a leisurely stroll or a short drive lies Bond University, Market Square, Robina Town Centre, and Varsity Lakes railway station.

The seller's circumstances have changed, presenting an unmissable opportunity for astute buyers to purchase. Don't delay, seize this fantastic opportunity today. Contact Sarah Drew on 0444 555 144 to arrange an inspection or to obtain further information.

Property History for 209/29-49 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$720,000
12 Apr 2024
Listed for Rent
$800/w
25 Nov 2023
  • 06 Apr 2024
    Sold for $720,000
  • 03 Apr 2024
    Listed for Sale Expressions of Interest
  • 05 Dec 2023
    Sold for $673,000
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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 8,080 properties.

    There are currently 48 properties listed for sale, and 45 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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    Contact agent
    Sarah Drew
    Show contact details
    Drew Property Group
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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.