OFF MARKET

51/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 186m2
Land area: 1875m2
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Property Details for 51/251 Varsity Pde, Varsity Lakes

51/251 Varsity Pde, Varsity Lakes is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 1875m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
Unit
Year Built
2004
Floor Size
186m2
Land Size
1875m2
Local Government
Gold Coast City
Lot/Plan
51/SP151074

Last Listing description (October 2020)

An incredibly rare offering, this impressive 340m2 penthouse apartment is the epitome of luxurious Gold Coast living. Youll fall in love with the vibrant coastal lifestyle with trendy cafes at your doorstep.

Be the envy of family and friends by soaking in the uninterrupted water views from the expansive 103sqm wrap around balcony. Relax and enjoy the 180 degree views of Miami, Burleigh Heads right through to the Hinterland Mountains open the full height retractable doors to create a vast indoor/outdoor alfresco area leading directly from the ultimate entertainers kitchen featuring a large kitchen island with stunning natural stone, double sink, double oven, integrated double dish-drawer dishwasher, canopy range hood and induction stove top.


This unfurnished penthouse has a floor plan that spreads over two amazing levels with multiple living areas, with the unique design where every room has water views. Featuring three large bedrooms (two with generous full-sized ensuites and magnificent walk in wardrobes), study or additional storage area, media or second lounge area, a reading room leading directly from the third bedroom making this the perfect guest retreat.

The Reserve complex is in the heart of Varsity Lakes community hub, this tightly held residence has immediate proximity to Bond University and all of Varsity Lakes finest restaurants, cafes, business & school precinct with Robina Town Centre and the Gold Coasts best beaches only minutes away.
Other features include separate laundry, ducted air-conditioning, 2 side-by-side car bays, generous lockable storage area, lift access, security system and onsite health retreat facilities including 47m lagoon pool with sandy beach, cascading poolside waterfall, fully equipped gymnasium, steam room and plunge pool, 8 person spa. Also features a library, games room, theatre room, waterfront pavilions, extensively maintained gardens, gated and cctv security and on-site managers.
You will not find a more desirable and private penthouse to live than this.

Apartment Includes
- 3 Bedrooms, 3 Bathrooms, Office
- 2 Living areas
- 2 Car Bays, plus Storage Cage
- Ducted Air-conditioning
- Large chefs kitchen
- Separate Laundry
- Internal Floor Area 246m External Area 94m
- Spectacular wide water views

Complex facilities include,
47 metre lagoon pool with sandy beach
Cascading poolside waterfall
Fully equipped gymnasium
Steam room & plunge pool
Spa
Barbeque facilities
Games room
Theatre room
Library
Well maintained gardens
Private waterfront pavilions
On site manager/reception
All of this... In a luxurious cosmopolitan environment and an easy walk to Bond University, Varsity Lakes Schools, Restaurants, cafes and shopping

Book your inspection in today!

**Please note property is unfurnished

Property History for 51/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$855,000
10 Feb 2018
Listed for Rent
$850/w
14 Oct 2020
  • 22 Sep 2020
    Listed for Rent $850 / week
  • 17 Apr 2019
    Listed for Rent $890 / week
  • 21 Feb 2018
    Listed for Rent $890 / 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 8,091 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 84.80% increase in median value, while Units have seen a 82.05% increase. As at 31 January 2025:

  • The median value for Houses in Varsity Lakes is $1,204,059 while the median value for Units is $806,249.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 25 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 420 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.