OFF MARKET

22 Lakefront Crescent
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 125m2
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Property Details for 22 Lakefront Cres, Varsity Lakes

22 Lakefront Cres, Varsity Lakes is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 125m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
2008
Floor Size
105m2
Land Size
125m2
Local Government
Gold Coast City
Lot/Plan
38/SP198493

Last Listing description (October 2023)

Come and live in one of the most progressive, professional and convenient communities on the Gold Coast - Varsity Lakes. This modern home is perfectly suitable for those looking to live and work from home. This investment property needs to be sold so all offers will be considered prior to auction.

Located in "The Landing" this is home is in a quiet location off the main road and close to a small park with access to the lakeside walks via a set of stairs across the street. Low Body Corp and with rear lane access to this home.

This blank canvas is suitable for a wide range of buyers from your first home to an approved work from home business opportunity.

What the owners really love...
Sunny NORTH-facing courtyard that's positioned close to the Lake
Captures Lakeside Breezes
Rear Patio
125 sqm allotment
Additional Garage or bike storage
Tucked off the main road- Varsity Parade
The large south-east facing bay windows (over 6 metres in height)
50 metres to Lake Orr, ideal for walks, fishing or a bike ride
Right in the catchment for Varsity Primary and Varsity College
ALDI just a short stroll away

Features
High Lofted Ceilings
2 bedrooms
1.5 bathrooms
2 Tandem off-street/secure car parking (optional)
1 Powder room (toilet & basin)
3000LT Water Tank & pump
Solar Approved
Option to build over single garage for additional income or work from home office (expected income $400 per week or $100 per night airbnb)

Expected Income
$750 to $780 per week approx
Currently leased for $570 till October 17, 2023

Outgoings
Council Rates $1209.96 (6 months)
Water Rates $442.00 (4 months) tenant pays for useage
Body Corporate $27 per week approx

Central Varsity Highlights
Beautiful lakeside walks with amazing birdlife
Central Park for play and exercising
Loads of Community Events such as "Winterfest" and street festivals
Live Music and Trivia Nights
Jets & Temple Gyms in Lake St
Visitor Accommodation 400m away at Chancellor Apartments
Walking Distance to every shop and cafe
Bottoms up! The Lakehouse Brewery- fantastic lakeside position
IGA Convenience- Fantastic for essentials just 450 metres away!
New COLES (expected 2023-24)
Varsity College- 500 metres away
Lakeside walks are waiting for you, kilometres of walking tracks
Bond University is a 10 min walk away.
Take the 750 bus to Pacific Fair in 12 minutes or Robina Train Station in 8 minutes
Local Private Hospital (Lake St) & Optometrist (Varsity Pde)
60 seconds drive to IGA or bottle shop
Fishing and sailing access from wharf
5 min drive to M1, Robina Town Centre
Take the 750 bus to Pacific Fair in 12 minutes or Robina Train Station in 10 minutes
20 min bicycle ride to Burleigh beach

All distances & prices are approximates.

Contact Jon Paul or Sergio Yanez for more information!

Auction - Thursday 7th September 2pm at The Quest Robina

Property History for 22 Lakefront Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$740,000
20 Sep 2023
Listed for Rent
$520/w
12 Oct 2017
  • 20 Sep 2023
    Sold for $740,000
  • 18 Aug 2023
    Listed for Sale SOLD - $740,000
  • 29 Sep 2017
    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.