SOLD
Sold on 30 Jan 2024 for $350,000

45/228 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 94m2
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Property Details for 45/228 Varsity Pde, Varsity Lakes

45/228 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 94m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
71m2
Land Size
94m2
Local Government
Gold Coast City
Lot/Plan
222/SP182411

Last Listing description (February 2022)

Unit 45 or Lot 222 is a great opportunity in a Prime Location

Chancellor Executive Apartments is a modern and well maintained complex with top quality resort and conference facilities.
Centrally located within walking distance to Bond University, Varsity CBD, Market Square, Restaurants and Shops

Large and spacious 1 bedroom
Currently rented at $400 per week until end December 2021 (potential Rent $410 to $420 per week approximately)
Option to Maintain Investment or Vacant Possession

Property Features:
* XL and spacious bedroom
* Plenty of cupboard and storage space
* Fully-Furnished
* Air-Conditioning
* Open plan Lounge / Dining / Kitchen
* Beautifully presented interior and finishes
* Good-sized entertainer's balcony + your own private garden
* Dual balconies
* Separate laundry area
* 24 Hour building security
* Large outdoor pool, fully equipped gymnasium, BBQ facilities, meeting & conference rooms and a private bar.
* Free and secure parking + plenty of visitors bays
* Surrounded by restaurants and shops
* On site Manager & security

Distances:
* Bond University - 200m
* Market Square - 100m
* Miami Beach - 6.5klm
* Robina Town Centre - 4klm
* Robina Hospital - 5klm
* Burleigh Waters Shops - 6klm
* Airport - 21klm
* Broadbeach Pacific Fair - 8klm

Contact Listing Agent Michael Gambaro for all enquiries on 0450 822 001

Disclaimer
All information (including but not limited to the property area, floor size, price, address and general property description) on the Website is provided as a convenience to you, and has been provided to @realty by third parties. In placing the information on the Website, @realty has received the information passed on from third parties. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website or the information about the property contained on the Website.

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Property History for 45/228 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$350,000
30 Jan 2024
  • 30 Jan 2024
    Sold for $350,000
  • 03 Nov 2021
    Sold for $340,000
  • 15 Oct 2021
    Listed for Sale Not Disclosed
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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, 425 properties were sold in the past 12 months in Varsity lakes.

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