OFF MARKET

56/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 110m2
Land area: 3362m2
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Property Details for 56/255 Varsity Pde, Varsity Lakes

56/255 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 3362m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2006
Floor Size
110m2
Land Size
3362m2
Local Government
Gold Coast City
Lot/Plan
56/SP164872

Last Listing description (June 2023)

If you are looking for a low maintenance lock up and go lifestyle, this apartment in "The Cape" in Varsity Lakes is ideal for you. Situated on the fifth floor with expansive water views.

This bright and sunny apartment consists of 2 large bedrooms which are separated by the large open plan living, dining and kitchen. Granite benchtops, stainless steel appliances, air-conditioning and a large balcony with spectacular water and skyline views are all part of the package. There is also 2 car accommodation and a secure storage cage. The complex has a beautiful pool and entertaining area, as well as a gymnasium.

Investors, young professionals, retirees would all be well suited to this style of living. Walking distance to Bond University and Varsity Lakes CBD. Restaurants, Medical Centre and the supermarket are all a short stroll away. If you are looking to live and work in Varsity Lakes there is no need for a car.

Master bedroom with large en-suite and walk-in robe
Second bedroom separated from the master with its own bathroom
Two bathrooms in total
Large gourmet kitchen with island bench
Stone bench tops and stainless steel appliances
Secure underground parking for 2 vehicles
Separate laundry
Lift access from basement and ground level
Air conditioning
Large balcony with north-easterly views all the way to Burleigh

Includes use of gym, pool and barbecue area
Currently vacant & ready for the new owner to move straight into.

Location is right behind Bond University.

Investors, young professionals, retirees would all be well suited to this style of living. Walking distance to Bond University and Varsity Lakes CBD. Restaurants, Medical Centre and the supermarket are all a short stroll away. If you are looking to live and work in Varsity Lakes there is no need for a car.

Body corporate fees are $124.75 per week.
Council & water rates approximately $3,200.00 combined.
Rental appraisal $700.00 - $730.00 per week.

*Photos are indicative only as some of the furnishings have changed. It is the actual apartment.

Advertising Disclaimer: We have prepared this information to the best of our knowledge to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions or inaccuracies that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 56/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$725,000
11 May 2023
Listed for Rent
$500/w
24 Nov 2016
  • 11 May 2023
    Sold for $725,000
  • 05 May 2023
    Listed for Sale Offers above $699,000
  • 06 Jan 2020
    Listed for Sale $510,000
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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 8,093 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 86.62% increase in median value, while Units have seen a 77.39% increase. As at 31 July 2024:

  • The median value for Houses in Varsity Lakes is $1,162,033 while the median value for Units is $760,798.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 30 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 448 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.