OFF MARKET

6/2 Geraldton Drive
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 154m2
Land area: 3533m2
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Property Details for 6/2 Geraldton Dr, Varsity Lakes

6/2 Geraldton Dr, Varsity Lakes is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2003. The property has a land size of 3533m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Townhouse
Year Built
2003
Floor Size
154m2
Land Size
3533m2
Local Government
Gold Coast City
Lot/Plan
6/SP144219

Last Listing description (June 2021)

Be quick for this one! Tucked away at the end of the highly sought gated complex "Varsity Manor" this four bedroom townhouse offers convenience, facilities, great security, low maintenance living and is a stones throw to Bond University, public transport, Varsity shops & café precinct and moments to the beach & M1.

A rare find and first time offered in 19 years this exceptional home will tick all the boxes and some you haven't even thought of. Perfect for downsizers, first home buyers, families or investors with potential high returns guaranteed.


Features Include:
* Four spacious bedrooms, master with ensuite and walk in robe
* Central granite kitchen with European appliances adjoins airconditioned open plan light filled living area
* Outdoor entertaining area overlooks tranquil private gardens
* Double lock up garage with internal access plus separate laundry and powder room.
* Quiet, well-maintained complex, a great property for the portfolio
* Facilities include pool, BBQ area, recreational room & onsite managers
* Situated in the highly sought after Varsity College catchment area
* Inspection is highly inspected but be quick as this property won't last long!

KEY DETAILS:
Body Corporate: Approx $99 per week
Rental Estimate: Approx $600 - $640 per week
Water Rates: Approx $380 per quarter
Council Rates: Approx $831 - 6 mthly
Sinking Fund: TBC

Varsity Lakes is just 5 minutes from Robina Town Centre, 7 minutes from North Burleigh Beach, 10 minutes from Pacific Fair and within easy reach of the Pacific Highway.

Varsity Lakes is a relatively new suburb, with a large man-made lake as its centrepiece and is home to Bond University and Varsity College. There are plenty of units, townhouses and apartments and the mixed community of families and students are attracted to the leading educational facilities. Bond University with its sprawling campus also offers superb recreational facilities and is bounded by the spectacular 80-hectare Lake Orr and Robina Woods championship golf course.

Varsity Lakes lets you enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 20 minutes drive north and a choice of 13 international golf courses and additional public courses in the vicinity.

Property History for 6/2 Geraldton Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$665,000
19 Apr 2021
  • 19 Apr 2021
    Sold for $665,000
  • 31 Mar 2021
    Listed for Sale Buyers From $655,000
  • 09 Mar 2018
    Listed for Sale Not Disclosed
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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 26 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.

Suburb Insights for Varsity Lakes 4227

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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.