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Sold on 04 Jul 2024 - Price Unavailable

3/175 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 114m2
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Property Details for 3/175 Varsity Pde, Varsity Lakes

Building Type
Commercial
Floor Size
114m2

Last Listing description (July 2024)

RWC Gold Coast is pleased to introduce suite 3/175 Varsity Parade for the market for immediate sale presenting an opportunity to acquire a prominent CBD office asset in one of Australia's most competitive office markets.

Conveniently situated in Varsity Lakes, this contemporary 114sqm* suite offers an excellent office solution for professional service firms seeking to own and utilise a functional workspace. Fully fitted, the suite comprises a well-appointed boardroom, three spacious offices, including a soundproof podcast & webinar room, and an open-plan working area with direct access to staff amenities. Recently refurbished, it boasts modern vinyl flooring and roller blinds throughout. Moreover, it comes with four (4) car parks, including two (2) single parks and one (1) in tandem formation. End tenancy occupying the entire building wing providing 3 full walls of windows allowing for an abundance of natural light.

The property is offered for sale with vacant possession, presenting an excellent opportunity for an owner-occupier or a savvy investor.

Key Features:
• First Floor 114sqm* office suite + 7sqm* exclusive use area
• Open-plan work area, three offices and a large boardroom
• Redecorated suite with updated flooring and glass partitioned fit-out
• Central Varsity Lakes location with a short stroll to cafes, dining and staff amenity
• Centre Zone Code allowing for office, education and health care^
• Four (4) allocated car parks
• Sold vacant possession

For further details and to schedule a viewing, please contact the exclusive agent to discuss Suite 3/175 Varsity Parade, Varsity Lakes.

*Approx
^Subject to Council Approval

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 3/175 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
04 Jul 2024
Listed for Rent
$78/w
10 Jun 2015
  • 04 Jul 2024
    Sold for $750,000
  • 27 Feb 2024
    Listed for Sale Price on Application
  • 05 Mar 2015
    Sold for $900,000
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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 8,049 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 28 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 425 properties were sold in the past 12 months in Varsity lakes.

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Contact agent
Luke Boulden
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Floyd Na Nagara
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RWC Gold Coast
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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.