OFF MARKET

3008/397 Christine Avenue
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 15631m2
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Property Details for 3008/397 Christine Ave, Varsity Lakes

3008/397 Christine Ave, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 15631m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2017
Floor Size
90m2
Land Size
15631m2
Local Government
Gold Coast City
Lot/Plan
3008/SP294548

Last Listing description (October 2023)

This huge (126sqm total) beautifully furnished two-bedroom one-bathroom apartment is available for sale in the highly desirable South Lakes at Varsity.

Currently rented at $850/w until July 2024, this immaculate apartment offers a terrific investment opportunity for an astute investor looking for a steady income stream and a full turn-key apartment. Photos are indicative of the furnishings and dcor that are included in the sale, except for bed linen. Great long-term investment with excellent returns, or a second home or holiday rental.

Annual Rental - $44,200

Annual Outgoings (council, water rates, body corp levies) - $8,530

South Lakes at Varsity is a modern waterside complex known for being a well-maintained private community offering impressive resort-style amenities including pool, sauna, gym, fantastic Residents' Lounge, movie theatre and even a golf simulator.

Amazing location with over 5km of lakeside paths and walking distance to Bond University. Live only five minutes from Robina Town Centre and Bond University and be in the school catchment zone for Varsity Primary School & Varsity Secondary College school catchment.

Features include:
Internal Area 91sqm + 35sqm patio = 126sqm total area
Fully furnished & equipped with all household items
Two generous sized bedrooms with built-in robes
Two beautiful designer bathrooms - Ensuite has double vanities and a huge walk in shower, Bathroom with bath
Gourmet kitchen with stone benchtops and Miele stainless-steel appliances including dishwasher, fridge and microwave
Open planned tiled living and dining opening out to the large courtyard
Zoned ducted air-conditioning throughout
Quality carpets in bedrooms, with built-in wardrobes and ceiling fans
Separate European style laundry with washing machine and dryer
2.7m ceilings providing plenty of natural light and ventilation
Intercom and security
Secure parking in underground basement
Beautifully styled and furnished
Fantastic outdoor patio 35 sqm!
Onsite management
Water is sub-metered

Property Information:
Council Rates*: $2,414/yr
Water & Sewerage Rates*: $1,524/yr
Body Corporate Levies*: $88/wk after discount & includes insurance. $108/wk if early payment discount is not applied.
Current Rent: $850 per week until 30 July 2024
Built 2017
Pet-friendly with Body Corporate approval
Owner will consider selling unfurnished
* approximately

Location:
- Bus Stop - 300 m
- Local Shops/Cafe - 650 m
- Robina Town Centre - 2.6 km
- Primary School (Varsity College Primary) - 550 m
- High School (Varsity College Secondary Campus) - 2.3 km
- Bond University - 3.5 km
- Parkland - 50 m
- Highway - 2.3 km
- Train Station - 1.4 km
- Beach - 4.7 km

*Disclaimer: We used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.

Property History for 3008/397 Christine Ave, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$679,000
20 Oct 2023
Listed for Rent
$460/w
27 Aug 2020
  • 20 Oct 2023
    Sold for $679,000
  • 16 Oct 2023
    Listed for Sale $650,000
  • 07 Jan 2022
    Sold for $523,000
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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 8,045 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 25 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.

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.