SOLD
Sold on 13 May 2024 for $663,500

2507/3 Main Street
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 81m2
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Property Details for 2507/3 Main St, Varsity Lakes

2507/3 Main St, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 81m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
70m2
Land Size
81m2
Local Government
Gold Coast City
Lot/Plan
2507/SP199636

Last Listing description (October 2024)

Ras360 is pleased to present this charming apartment to the market, offering an ideal opportunity for downsizers, investors, and first-time buyers seeking a hassle-free lifestyle. Positioned on level 5, this well-maintained unit offers 2 bright bedrooms and 2 spacious bathrooms. The master bedroom is a standout, featuring an ensuite, walk-in wardrobe, and private balcony. The open-plan layout seamlessly integrates the kitchen, boasting ample storage and timeless countertops, with the dining and lounge areas, all extending onto the balcony with serene hinterland and views of Lake Orr.

Key Features:
- Abundant natural light throughout the well-positioned floorplan

- Neutral palette creating a light and airy ambience
- Timeless kitchen countertops with ample storage
- Master bedroom with walk-in wardrobe, ceiling fan, ensuite, and private balcony
- Living room with reverse cycle air conditioning for year-round comfort
- Modern appliances and ample storage space including well-appointed linen cupboard

Currently tenanted for $640 per week
Council Rates: Approx. $1,290 bi-annually
Water Rates: Approx. $484 per quarter
Body Corporate: Approx. $99.93 per week

Complex Amenities:
- Large private pool and area to sun lounge
- Air-conditioned gymnasium
- Community laundry facilities
- Spacious outdoor entertaining and BBQ area
- Secure gated parking with allocated space
- Visitor parking and onsite management

Located within walking distance of Varsity Lakes' lively caf? and restaurant scene, this apartment offers a secure, community-oriented lifestyle. It's conveniently located close to Burleigh Heads Beach, Robina Town Centre, Bond University, premier schools, hospitals, and public transport options, including buses and Varsity Train Station.

There is a Cafe conveniently situated within a literal stones throw from the building. Also, a number of stores are going up next door to Varsity Waters on Main, providing residents easy access to a Coles and more.

Contact the exclusive selling agent, Joshua Dean on 0447 777 148 to book an inspection before it goes.

*Please note this property is currently tenanted. Tenants are easy going & helpful and are happy to either end or renew the lease at the end of the tenancy.

Property History for 2507/3 Main St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$663,500
13 May 2024
Listed for Rent
$420/w
04 Sep 2014
  • 13 May 2024
    Sold for $663,500
  • 01 May 2024
    Listed for Sale Contact Agent
  • 08 Oct 2021
    Sold for $440,500
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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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Contact agent
Joshua Dean
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RAAS 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.