4/38 Majorca CrescentVarsity Lakes QLD 4227
Property Details for 4/38 Majorca Cres, Varsity Lakes
4/38 Majorca Cres, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 146m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (February 2022)
This trendy, low maintenance home has ultra-low body corporate and is located in a quiet block of only 3 other townhouses. This fantastic property is located just a short drive to popular Burleigh Heads known for it's world renowned white sandy surf beaches & popular James Street shopping and dining precinct.
You will love the well thought out floorplan which includes open plan living spaces across two levels and features an outdoor entertaining space surrounded by greenery, ideal for relaxing with family and friends.
Downstairs, you will find a well appointed kitchen and open plan living area that effortlessly flows onto your private outdoor entertaining area, perfect for enjoying a home cooked meal and a glass of red wine!
Directly opposite is a second undercover parking space with a large lockup storage space, generous enough to store bikes and kayaks.
Hop across the road to Lake Orr and enjoy a morning kayak along the pristine waterways or stop by one of Varsity's popular cafes for a hot coffee and croissant!
The oversized bedrooms on the upper level each boast private balcony's and double sized built in wardrobes, both complimented by a central bathroom with a separate toilet. The spacious master bedroom comes complete with a double built in wardrobe and ensuite.
There is an abundance of storage options throughout plus room for two cars to complete this exceptional offering.
Property Specifications:
3 double bedrooms all with private balcony's, built in wardrobes, ceiling fans, A/C within 2 bedroom's
King size master with en-suite and private balcony
Well appointed kitchen with an abundance of storage options
Open plan living/dining
Toilet on first level with adjacent storage cupboard
Laundry, toilet & abundance of storage options on 1st floor
Spacious open plan lounge/dining area with high ceilings
Lovely breezes and green outlooks from the outdoor entertaining space and upstairs balcony
Air conditioning, ceiling fans and security screens throughout
Auto lock up garage plus adjacent covered parking space with a large lockup storage shed
Outdoor entertaining area surrounded by greenery where you can enjoy entertaining family & friends
Pet friendly
Low B.C
Walking distance to schools, shops, the bus stop and Bond University
Within the Varsity college Secondary Campus catchment.
Investor Information:
Rental Appraisal: $550.00 per week
Annual Rental Return: $28,600.00
Potential Rental Yield: 5%-5.5%
Contract Braiden Smith on 0413 203 626 to arrange a private inspection today!
Price Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
Property History for 4/38 Majorca Cres, Varsity Lakes, QLD 4227
- 05 Oct 2021Sold for $561,000
- 13 Jul 2021Listed for Sale Offers Over $500,000
- 03 Apr 2014Listed for Rent - Price not available
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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.
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