5/255 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 5/255 Varsity Pde, Varsity Lakes
5/255 Varsity Pde, Varsity Lakes is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 620m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (May 2021)
Wowee there's a special Post Easter surprise for you at 5/255 Varsity Parade. It's a very generous 3 bedroom, 2 bathroom unit with so much room and a brilliant floor plan!!
Getting started with the bedrooms, the master is well positioned away from the 2 other bedrooms, has an ensuite and its own private courtyard. Bedroom 3 has access to another courtyard and a walk-in wardrobe and bedroom 3 is situated right next to the main bathroom.
The kitchen is huge, with modern appliances and opens to the dining, study and living areas. It feels like the outside living areas never end. There's one at the back and the front and both have views, either to Bond University Park or Lake Orr and the pool in the complex.
The position is incredible, seeing as we are at the doorstep of Bond University, Burleigh Heads, Varsity Central (with cafes, restaurants, bars and shops), as well as the Robina Town Centre.
Lastly, the complex is immaculately well maintained, is very secure, has an enormous resort pool and a gym (both the gym and the pool are steps away from the unit).
This is a real gem and with so many qualities, you'd best be very quick in coming through.
HIGHLIGHTS:
* 3 Bedrooms/2.5 Bathroom/2 car spaces
* 180m2 unit with an amazing floor plan
* Air conditioning throughout
* Open kitchen with modern appliances
* 2 x Outdoor covered entertaining areas
* 1 large living, dining and study area
* Separate laundry and powder room
* Modern, open kitchen
* 2 walk in wardrobes (1 in master and 1 in 2nd bedroom)
* Complex with Gym
* Next to Lake Orr (which is a beautiful morning or sunset) and Varsity Central with bars, shops, restaurants and cafes
* Very close to Downtown Varsity, Bond University, Robina Town Centre Shopping Centre, Burleigh Beach, Private and public schools, as well as the M1 motorway and beaches
BEDROOMS: - Large master with very generous ensuite, private outdoor setting. Bedroom 2 has a walk-in wardrobe with very close access to main bathroom and access to second outside entertaining. Bedroom 3 has a built-in wardrobe and fan.
BATHROOMS: - 2 Bathrooms. Ensuite with shower, vanity and toilet. Main bathroom with shower, bath, vanity and toilet. Plus, an extra powder room and laundry.
OUTDOORS: - 2 outside entertaining areas with close access to kitchen and living - 1 facing the park, the other facing the pool and Lake Orr.
KITCHEN: - Large open and light kitchen, with plenty of storage and modern appliances. The perfect position to entertain.
LIVING: - Large living and dining area that serves as the centrepiece of the home.
POTENTIAL INCOME:
Rental potential: $600 - $650 per week (approx.)
OUTGOINGS:
Council - $520 per quarter (approx)
Water - $375 per quarter (approx)
SCHOOLS/UNIVERSITIES CLOSEBY:
Bond University
Varsity College Primary and Senior Schools
Somerset College
Kings Christian College
Hillcrest Christian College
DISTANCES:
Bus Stop - 250 m
Local Shopping Centre - 300 m
Major Shopping Centre - 4.1 km
Primary School - 3.6 km
High School - 600 m
Parkland - 600 m
Highway - 3.9 km
Train Station - 3.1 km
Beach - 5.6 km
Hospital - 5.9 km
Property History for 5/255 Varsity Pde, Varsity Lakes, QLD 4227
- 10 Apr 2021Sold for $672,000
- 06 Apr 2021Listed for Sale EXPRESSIONS OF INTEREST
- 28 Jan 2021Listed for Sale offers over $630,000
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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.
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