OFF MARKET

28/2 Geraldton Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 82m2
Land area: 484m2
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Last updated 11 Nov 2024
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Property Details for 28/2 Geraldton Dr, Varsity Lakes

28/2 Geraldton Dr, Varsity Lakes is a 2 bedroom, 2 bathroom Unit and was built in 2002. The property has a land size of 484m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2002
Floor Size
82m2
Land Size
484m2
Local Government
Gold Coast City
Lot/Plan
28/SP144219

Last Listing description (February 2024)

Proudly brought to market by the Ben Williams Team

Ben, will be hosting a video inspection of this property for you to watch on his FACEBOOK & INSTAGRAM page: Search "Ben Williams REMAX Real Estate" to view & access this and many more homes in the area

This generous 2 bedroom, 2 bathroom apartment is clean & tidy and ticks all the boxes for the savvy investor or 1st time home buyer.

FEEDBACK;

Best Value for Under $600,000
Excellent Floor Plan
2 Balconies with Cross Ventilation
Rental Returns
Security

Centrally located in the ever popular Varsity Lakes, Varsity Manor is a well maintained secure complex with a resort style pool, BBQ area and a residents lounge.

This 2nd floor apartment has an easy open floor plan with bedrooms at either end and the open plan kitchen central.
The large living area leads out to a decent size balcony with an easterly aspect. The master bedroom conveniently has a set of 2 robes and an ensuite bathroom.
Between the 2 bedrooms is the family bathroom which conveniently has a laundry cupboard housing the washing machine & dryer.
The second bedroom has a double robe and a private balcony with westerly hinterland views.

The split unit air conditioner in the living area and ceiling fans in the bedrooms will keep you cool during the summer and the easterly aspect will allow for those welcome cool breezes.

Feature Include:

*2 x large bedrooms - master ensuite
*1 x Large family bathroom with integrated laundry
*Generous Open Plan Layout with a great easy to work in kitchen
*Private Balcony off 2nd Bedroom with large balcony off lounge
*Split Unit Aircon & ceiling fans
*Secure complex & car space
*Resort Style pool, BBQ facilities & residents lounge

This apartment presents as exceptional value and will not be on the market for long!

BC: Approx $70 pw*

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 28/2 Geraldton Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$550,000
29 Aug 2023
Listed for Rent
$350/w
13 Sep 2012
  • 29 Aug 2023
    Sold for $550,000
  • 30 Jun 2023
    Listed for Sale Not Disclosed
  • 28 Aug 2013
    Sold for $257,500
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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 8,045 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 33 properties listed for sale, and 26 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.