39/228 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 39/228 Varsity Pde, Varsity Lakes
39/228 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2011. The property has a land size of 79m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom House sold in Varsity Lakes in the last 12 months.
Last Listing description (July 2017)
*RED HOT INVESTOR SPECIAL* Our interstate investor is liquidating. Currently in holiday let and will be signed on permanent lease after peak season. Right in the heart of Varsity Lakes, the location is stellar as it suits permanent rentals, Bond Uni students (walking distance) and conference/holiday guests.
FURNISHED, well-kept and managed it's a no-brainer addition to your property portfolio and could become the ideal lifestyle investment for you to utilize in between leases. At full asking price the NET return is already positively geared without depreciation and other tax deductions which would increase your return. With interest rates so low there has never been a better time to invest.
PROPERTY HIGHLIGHTS
1 Bathroom
Combined living/dining space
A/C
Contemporary kitchen with quality appliances, stone benches
Laundry facilities
Fully furnished
Secure single car park
Ground floor with private outdoor terrace
Swimming pool
Gym
BBQ
Executive foyer
LOCATION HIGHLIGHTS
Walk to shops, cafes and amenities
Handy to public transport and Robina Town Centre
Walking distance to Bond University
10min drive to Mermaid Beach or Burleigh Beach
The Chancellor Executive Apartments is a preferred accommodation provider to Bond University and its corporate and conference clientele. In addition to students and conference visitors, it also attracts holiday makers, single professionals for long-stay tenancy plus is the accommodation provider for The Chancellor Conference Centre and many international travel agents. The Chancellor Executive Apartments boast an extremely high occupancy rate all year around.
Property History for 39/228 Varsity Pde, Varsity Lakes, QLD 4227
- 14 Apr 2024Sold for $465,000
- 24 Apr 2017Sold for $260,000
- 15 Jun 2016Listed for Sale REDUCED $269,000
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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 8,041 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.
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