OFF MARKET

45/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 176m2
Land area: 1875m2
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Property Details for 45/251 Varsity Pde, Varsity Lakes

45/251 Varsity Pde, Varsity Lakes is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 1875m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2004
Floor Size
176m2
Land Size
1875m2
Local Government
Gold Coast City
Lot/Plan
45/SP151074

Last Listing description (March 2022)

This stunning two level, four bedroom, top floor apartment (with lift access!) is the size of a home and enjoys beautiful views of Lake Orr from its expansive indoor and outdoor living areas. Everything about this apartment is first class with a new third bathroom, beautifully renovated kitchen and even two side-by-side car spaces, not tandem!

This spacious 'sky home' is the only one of it's kind in 'The Reserve' and offers a dream resort lifestyle for couples or families. Situated in the sought after Varsity restaurant precinct, directly behind Bond University and with 5 star resort facilities, it will be snapped up quickly by a savvy buyer. Contact us to arrange a private viewing this week and don't miss out on this unique opportunity to own a piece of paradise on the beautiful Gold Coast!

APARTMENT FEATURES INCLUDE:

- 4 bedrooms: 1 downstairs, 3 upstairs
- 3 bathrooms: 1 downstairs, 2 upstairs
- Spacious open plan living room with vaulted ceilings for space & natural light
- Tiled family room (or home office) with balcony overlooking resort-style pool
- Huge sunroom (meals and dining room) with views over Lake Orr - the only one of its kind in 'The Reserve'
- Beautifully renovated kitchen, instant hot water system (filtered boiling water), plumbing for fridge, 90cm Fisher & Paykel induction stove top, SMEG dishwasher; laundry integrated cleverly into the kitchen
- Large patio with new shade sail, perfect for alfresco dining with stunning lake views
- King sized master bedroom with ensuite, walk in robe & lovely views over the lake from bed!
- Shared two-way ensuite for second & third bedrooms upstairs
- Two underground side-by-side car spaces plus a good sized, lockable storage unit; easy lift access to apartment
- Ducted ventilation & split system air conditioners for year round comfort
- NBN, intercom to front gate and front door, energy efficient LED lights throughout
- Currently owner occupied with flexible settlement until early April

'THE RESERVE' - RESORT STYLE FACILITIES
- 47 metre lagoon pool with sandy beaches
- Inground heated spa, massage room, sauna & plunge pool
- Theatrette, library, community office
- 2 x fully equipped gymnasiums (aerobic & anaerobic)
- 2 x BBQ areas + tables and chairs
- On foreshore of 'Lake Orr'
- Stroll to shops, restaurants, cafes, Bond University etc.
- Well maintained gardens
- Private waterfront pavilions and exclusive lakeside boardwalk
- On site manager/reception
- Lakeside and poolside Bali Huts

FACTS & FIGURES:
Body corporate approx. $150 per week (with on time discount)
Council rates approx. $800 per 6 months
Water rates approx. $400 per 3 months
Rental appraisal. Approx $900 - $1200 per week (whole apartment | Bond Uni students renting per room)

AMAZING LOCATION: (check out the drones!)
- 180m (2 min walk) to Blackboard Cafe
- 750m (9 min walk) to Bond University
- 350m (4 min walk) to IGA
- 650m (8 min walk) to Varsity Lakes Day Hospital
- 650m (8 min walk) to Varsity College (Senior)
- 3.2km (6 min drive) to Varsity College (Junior)
- 3.9km (7 min drive) to Varsity Station
- 3.4km (7 min drive) to Aldi
- 5.6km (10 min drive) to Robina Station/Hospital/C-Bus Stadium
- 3.2km (6 min drive) to Easy T Shopping Centre
- 4.2km (8 min drive) to Robina Town Centre
- 6.3km (11 min drive) to Pacific Fair Shopping Centre/The Star/Convention Centre
- 8.2km (14 min drive) to Stockland Burleigh Heads Shopping Centre
- 6km (13 min drive) to Nobby Beach
- 7.3km (14 min drive) to Burleigh Headland/Beach
- 11.3km (16 min drive) to Surfers Paradise/Beach
- 4.5km (10 min drive) to Pizzey Park
- 3.9km (8 min drive) to Varsity Lakes Tavern & Department of Transport
- 21.9km (23 min drive) to Gold Coast Domestic Airport
- 1 hour 6 min drive to Brisbane International Airport

Disclaimer: While care has been taken in the preparation of this information, the particulars are set out as a general guide only. All plans and models are illustrative only. All interested parties should make their own enquiries. This is representative as a guide only and does not constitute an offer of a contract. Everyone who visits our open homes and private inspections will need to check in through our Welcome Change Realty QR code and QLD Health app.

Property History for 45/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$982,000
07 Feb 2022
Listed for Rent
$720/w
30 Jul 2011
  • 07 Feb 2022
    Sold for $982,000
  • 02 Feb 2022
    Listed for Sale $899,000+
  • 22 Dec 2016
    Sold for $620,000
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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 25 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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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.