4/155 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 4/155 Varsity Pde, Varsity Lakes
Last Listing description (August 2024)
Emilio Ciavarella from RWC Burleigh Group is pleased to present this rare commercial unit located at 4/155 Varsity Parade, Varsity Lakes that is filled with A-grade offices. Located in the booming suburb of Varsity Lakes, this property is surrounded by some of the Coast's best, including hospitals, universities, retail, office and public transport that not many other locations on the Gold Coast can provide. With access onto the M1 both North and South only minutes away and access to some of the Gold Coast's best beaches, this is location buying.
The current long-term tenant provides a steady income.
Perfect for investors
Premium long-term Tenant
Key features include;
291m2* office
1* kitchen in the office
11* car spots on the title
Bustling area of the Gold Coast
Private bathrooms with showers
Net Income circa $125,516.28 CPI increase 30 June 2024 (Anticipated 3.6% +)
For further details and to schedule a viewing, please contact Emilio Ciavarella today.
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, advice or as is otherwise necessary. No duty of care is assumed by 'The Collective Commercial Pty Ltd' trading as Ray White Commercial Broadbeach towards the recipient with regard to the use of this information and all information given is given without responsibility. Visit Ryan Langham Commercial Real Estate for tips on Gold Coast Commercial Real Estate Gold Coast, Burleigh Heads Commercial Real Estate, Burleigh Waters Commercial Real Estate, Carrara Commercial Real Estate, Coolangatta Commercial Real Estate, Currumbin Commercial Real Estate, Tweed Heads Commercial Real Estate, Helensvale Commercial Real Estate, Arundel Commercial Real Estate, Biggera Waters Commercial Real Estate, Bundall Commercial Real Estate, Gold Coast property or any of the following suburbs to know more about the commercial market in these areas: Advancetown, Alberton, Arundel, Ashmore, Austinville, Benowa, Biggera Waters, Bilinga, Bonogin, Broadbeach, Broadbeach Waters, Bundall, Burleigh Heads, Burleigh Waters, Carrara, Cedar Creek, Clagiraba, Clear Island Waters, Coolangatta, Coombabah, Coomera, Currumbin, Currumbin Waters, Currumbin Valley, Elanora, Gaven, Gilberton, Gilston, Guanaba, Helensvale, Highland Park, Hope Island, Hollywell, Jacobs Well, Kingsholme, Labrador, Lower Beechmont, Luscombe, Main Beach, Maudsland, Mermaid Beach, Mermaid Waters, Merrimac, Miami, Molendinar, Mount Nathan
Property History for 4/155 Varsity Pde, Varsity Lakes, QLD 4227
- 01 Jul 2024Sold for $1,730,000
- 08 Mar 2024Listed for Sale $1,900,000.00
- 11 Aug 2009Listed for Rent - Price not available
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0About 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.
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