OFF MARKET

25/5 Assembly Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 538m2
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Property Details for 25/5 Assembly Dr, Varsity Lakes

25/5 Assembly Dr, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 538m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
2005
Floor Size
138m2
Land Size
538m2
Local Government
Gold Coast City
Lot/Plan
25/SP158342

Last Listing description (August 2024)

Welcome to "College Park," a well-maintained boutique complex of just 30 homes. This luxurious double-storey home offers 3 spacious bedrooms, including a master with an ensuite, and a modern open-plan design throughout.

The renovated kitchen is a true highlight, featuring a sleek stone benchtop, ample cupboard space, a modern dishwasher, an electric oven, and a spacious pantry. This culinary haven is perfect for any home chef and offers a seamless view over the dining area, creating an ideal setting for both everyday meals and entertaining guests.

The home is equipped with ducted air conditioning throughout, ensuring comfort in every season. The large, open-plan combined living areas lead you out onto an expansive tiled balcony, perfect for entertaining friends and family all year round. Fully tinted windows on the master bedroom side of the home provide added privacy and energy efficiency. The property includes a double garage with internal access, a laundry, and excellent storage space.

Built in 2003, "College Park" features a secluded, resort-style swimming pool. Lake Orr, with its walkways and birdlife, is just a few minutes stroll away. This complex really offers an outstanding lifestyle with an excellent central location, also being close to well known "Market Square" the hub of the area with it's shops, schools, cafes, and restaurants. Robina Town Centre is also a quick drive from the complex.

The seller has bought elsewhere and is highly motivated to sell, making this a fantastic opportunity for buyers. Experience the best of living at "College Park," where lifestyle and location come together beautifully.

Boasting

- 2 level, semi renovated ultra modern apartment
- 3 spacious bedrooms with built-ins
- Plush carpets throughout bedrooms
- Master bedroom with ensuite and sliding door access to outside area
- Fully tinted windows on master bedroom side of the home
- Guest modern bathroom with bath
- Kitchen equipped with stone benchtops, electric cooktop and oven, and storage and bench space
- Open plan family living/dining areas carpeted and timber look flooring
- Separate further outdoor undercover area from dining
- Ducted air-conditioning throughout
- Double auto internal access garage with laundry and extra storage
- Rental approx $800pw
- Rates approximately $1,956 p.a
- Water approximately $1,324 p.a
- Body corporate moderate
- Security gate entrance
- 30 in the complex
- Built approx 2003
- Lagoon pool within the complex
- Vacant Possession
- Pet friendly on body corp approval

Disclaimer: In the preparation of this information, we have used our best endeavours to ensure that the information contained herein is true and accurate, and 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 any information contained herein

Property History for 25/5 Assembly Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$555,000
22 Sep 2020
  • 12 Aug 2024
    Listed for Sale Offers above $879,000
  • 22 Sep 2020
    Sold for $555,000
  • 25 Jun 2020
    Listed for Sale $559,000
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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 8,093 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 86.62% increase in median value, while Units have seen a 77.39% increase. As at 31 July 2024:

  • The median value for Houses in Varsity Lakes is $1,162,033 while the median value for Units is $760,798.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 30 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 448 properties were sold in the past 12 months in Varsity lakes.

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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.