OFF MARKET

42/228 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 80m2
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Property Details for 42/228 Varsity Pde, Varsity Lakes

42/228 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 80m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2008
Floor Size
59m2
Land Size
80m2
Local Government
Gold Coast City
Lot/Plan
219/SP182411

Last Listing description (July 2021)

Situated in The Chancellor, this spacious fully-furnished, modern 1 bedroom, ground floor unit with a basement car park and complex facilities such as a pool & gym makes this unit ideal for the first-home buyer or an investor looking to grow their investment portfolio!

This unit is a must see within this complex as it has the advantages of a nice big patio for entertaining which wraps around to the master bedroom as well and has a newer modern furniture package included. The carpets have also been replaced so the unit is in great condition and ready for the new owner to enjoy.

This unit is conveniently located close to Bond University, Varsity cafe precinct, restaurants and is just a short drive away from Robina Town Centre! The unit also comes with a secure basement car park not that you need it due to the fantastic positioning of this unit! Bus stops at the front door should you wish to leave the car at home.

The modern 1 bedroom unit boasts:
- Kitchen with stone bench tops, plenty of storage and a dishwasher
- Large combined dining/lounge room
- Split-system air-conditioner
- Huge master bedroom with WIR
- Modern 2-way bathroom & laundry
- Beautifully furnished which is inclusive in the purchase
- 79m2 (59m2 of living and 20m2 of courtyard space)
- Ground floor
- Facilities include pool, reception, gym and BBQ area
- Secure basement car park
- Lift Access
- Can be owner occupied, permanently let or holiday let
- Currently tenanted at $410 per week until August, 2021

Outgoings:
- Body Corporate fees are approximately $103 per week
- Water is approximately $1500 per annum
- Council Rates is approximately $1500 per annum

If this is the opportunity you have been waiting for, contact Darren Mackay on 0403 694 774 to arrange a viewing.

Property History for 42/228 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$295,000
16 Jun 2021
  • 16 Jun 2021
    Sold for $295,000
  • 12 Jun 2021
    Listed for Sale Offers Over $279,000
  • 01 Jul 2015
    Sold for $255,000
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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 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.