SOLD
Sold on 04 Jun 2024 for $475,000

43/228 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 80m2
Sold By
Belle Property Hope Island
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Property Details for 43/228 Varsity Pde, Varsity Lakes

43/228 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 2024. There are other 1 bedroom Unit sold in Varsity Lakes in the last 12 months.

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

Last Listing description (July 2024)

Discover modern living at its finest with this exceptional apartment located on the ground floor of a contemporary building The Chancellor Apartments in the heart of Varsity Lakes. Perfect for both investors and owner-occupiers, this property offers a blend of comfort, convenience, and lifestyle.

Boasting a spacious and well-designed layout, the apartment features a bright and airy living area, a sleek kitchen, and a comfortable bedroom. Both the living area and bedroom have glass sliding doors that open to a large private courtyard, enhancing the sense of space and outdoor connection.

The modern kitchen features ample pantry storage and bench space, and is equipped with a water filter, dishwasher, oven, and electric stove. Main bathroom offers convenient two-way access from both the main bedroom and living area, also featuring a combined bath and shower. Additionally, a neatly concealed internal laundry adds to the functionality of this space.

Take advantage of the building's excellent amenities, including a sparkling swimming pool and a fully equipped gym, perfect for maintaining an active and healthy lifestyle. The property also boasts resort-style features, such as a large entertaining BBQ area. This is a definite must-see for first home buyers or investors.

With its prime location and modern amenities, this property represents a fantastic investment opportunity with strong rental demand and excellent potential for capital growth.

Property features include:
Ground floor apartment with easy access through secure lobby area
Spacious 1 bedroom with walk through robe to bathroom
Bathroom offers convenient two-way access from bedroom and living
Modern corner kitchen with ample pantry storage and stone bench
Glass sliding doors that open from living and bedroom to courtyard
Large private outdoor space
Air conditioning
Ceiling fans
Lift access to secure basement parking
Resident facilities include inground swimming pool, fully equipped gym and large entertaining BBQ area
A minutes walk to Varsity shopping village and Bond University
5 minutes to Robina Town Centre

Situated in a vibrant and highly sought-after area, this apartment is perfectly situated for convenient living. Bond University is just 5 minutes by car or a 15-minute walk away. Local cafes and restaurants are within a 5-10 minute walk. The Varsity Lakes Train Station is a quick 7-minute drive, and Robina Town Centre, a major shopping destination, is only 10 minutes by car. The Gold Coast University Hospital is 20 minutes away, and you can reach the beautiful Gold Coast beaches in 15-20 minutes. Additionally, Coolangatta Airport is just a 20-minute drive, making travel easy and accessible.

Property History for 43/228 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$475,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $475,000
  • 29 May 2024
    Listed for Sale Offers Over $450,000
  • 18 Dec 2020
    Sold for $240,000
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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 8,090 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.11% increase in median value, while Units have seen a 78.02% increase. As at 31 August 2024:

  • The median value for Houses in Varsity Lakes is $1,155,401 while the median value for Units is $763,728.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 37 properties listed for sale, and 35 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 446 properties were sold in the past 12 months in Varsity lakes.

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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.