SOLD
RECENT ADVICE
Sold on 21 Mar 2024 for $1,227,000

48/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 48/251 Varsity Pde, Varsity Lakes

48/251 Varsity Pde, Varsity Lakes is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Apartment sold in Varsity Lakes in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
48/SP151074

Last Listing description (March 2024)

Immerse yourself into what could be one of the best two storey sub penthouse in The Reserve. This is more than just an apartment , its home to be proud of and the owners have taken great care to reimagine this place to now become yours to own.
Arguably one of the best apartments in the complex, apartment forty eight has been meticulously renovated and nothing has been left to chance. All bedrooms, bathrooms and the kitchen have undergone a refresh with all new wall and floor coverings throughout.
As soon as you step inside you will firstly be greeted with spectacular views and secondly will notice the attention to detail here. From the "waterfall" stone kitchen tops, through to the crisp white shaker cabinets featuring in the gourmet kitchen, little expense has been spared.

The bathrooms also look incredible and the modern marble feature tile is classy and timeless, the wall mounted vanities are modern & offer excellent storage in and underneath them. The upstairs expanded mezzanine offers those an additional office space, study or a place to soak up the views.
Let's not forget the breathtaking views, perched over Lake Orr the large floor to ceiling bay windows capture plenty of light and project this throughout the home. From the outside deck you will be amazed with the amount of wildlife that meanders in and below these crystal waters so be prepared to see schools of stingrays and black swans that call Lake Orr home.
Walking distance to Bond University, CBD hotel, Blackboard Cafe and Varsity College this location is ideal for couples, retirees, investors yet big enough for families.
The facilities include a resort pool, heated spa, steam room and plunge pool, two gyms (scrap the membership), on-site management, after hours security checks, securely gated complex and intercom.

Spectacular Views
• 232 square meters approximately (179 sqm internal + 53 sqm external)
• 4 Bedrooms (3 up 2 down)
• 2.5 Bathrooms 2 up, powder room down)
• 2 Car Parking
• Ducted Airconditioning upstairs, split system downstairs.
• Storage Cage on title
• Walk to everything Varsity Lakes has to offer and come a see why the friendly locals love to call this place home.
• World class schools just a few minutes walk
• Cafes, Restaurants, Post Office, Bottle Shop are all within a 5 minute walk.
• Beach is just a short 15min drive
• Views over Lake Orr and Tropical Pool from Dining Room
• Communal Kitchen, Freeform Tropical pool, two gymnasiums, spa, sauna and plunge pool
• Experienced Onsite Management Team

Income
• Currently Leased for $1000 per week (till March 2024) projected future rent $1250 per week

Outgoings
• Body Corp $185 per week approximately
• Council Rates $2400 Annually approximately
• Water $450 quarterly approximately

All offers can be made prior and taken seriously. Now is your best time to buy this Premium penthouse so call Jon Paul on 0417 438 918 to to secure your viewing.

Property History for 48/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,227,000
21 Mar 2024
Listed for Rent
$1.00k/w
09 Mar 2023
  • 05 Apr 2024
    Sold for $1,227,000
  • 19 Feb 2024
    Listed for Sale AUCTION - 21ST MARCH 2PM
  • 17 Feb 2023
    Listed for Rent $1,000 / week
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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 8,080 properties.

    There are currently 48 properties listed for sale, and 45 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 442 properties were sold in the past 12 months in Varsity lakes.

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    Contact agent
    Jon Paul
    Show contact details
    Ray White Robina
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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.