OFF MARKET

40 Moores Crescent
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 188m2
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Property Details for 40 Moores Cres, Varsity Lakes

40 Moores Cres, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 188m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
2006
Floor Size
158m2
Land Size
188m2
Local Government
Gold Coast City
Lot/Plan
30/SP158897

Last Listing description (November 2024)

You read that correctly, this is a house and you will pay no body corp...

This architecturally designed home perfectly balances lifestyle, convenience, and business potential! Whether you're seeking a family sanctuary or an ideal base for your home business, this lakeside gem offers endless possibilities.

Located in the heart of Varsity Lakes, just a minute's walk to IGA, cafes, and shops, and minutes from Bond University, this home provides both peaceful lakeside living and incredible convenience. Step out your door to enjoy kilometres of scenic walks, or take part in the vibrant community events that make this area so special.

Key Features:
House & Land Title
3 Spacious Bedrooms
2 Full Bathrooms (including a luxurious spa bath)
Home Office Approved with dual access (front & rear)
2 Car Spaces (single garage + single carport)
Private Central Courtyard with stacking doors for seamless indoor-outdoor flow
Air Conditioning (units installed 18 months ago)
Architecturally Designed Steel-Framed Home
Miele Appliances - gas cooktop, integrated dishwasher, and electric hot water system
Fishing & Sailing Access from the nearby wharf
Beautiful Lakeside Walks with abundant birdlife
Close to parks for play and exercise

For entrepreneurs, the home is already approved for home office use, and offers excellent opportunities with front & rear client access, on-site parking, and options for business signage. High-speed internet is ready for seamless business operations.

This property is freshly painted inside and out, and ready for its new owner. Going to auction, but all offers will be considered prior. Don't miss out on this rare chance to secure your lakeside dream, complete with income potential!

Income Potential:

Earn approx. $950-$1,000 per week in rental returns depending on how you choose to rent this versatile property.

Outgoings
Rates $1300.99 (6 months)
Water Rates $390.78

Location Highlights:
1-Minute Walk to IGA, cafes, and shops
5-Minute Drive to M1 and Robina Town Centre
5-Minute Walk to Bond University and Varsity College
Easy access to public transport and walking trails

This is lakeside living at its finest. Whether you're looking to invest, reside, or grow your business, this home offers it all. Contact us today to arrange an inspection-opportunities like this don't last long!

Property History for 40 Moores Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$877,000
07 Apr 2022
Listed for Rent
$850/w
25 May 2022
  • 22 Nov 2024
    Sold for $983,000
  • 28 Oct 2024
    Listed for Sale AUCTION
  • 16 May 2022
    Listed 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.
There are currently 33 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 423 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.