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Sold on 16 Jul 2024 for $690,000

67/5 Greenlands Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 67/5 Greenlands Dr, Varsity Lakes

67/5 Greenlands Dr, Varsity Lakes is a 2 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Local Government
Gold Coast City
Lot/Plan
67/GTP2944

Last Listing description (July 2024)

BURLEIGH BEACH CLOSE AT HAND…
Less than 10 minutes to Varsity Lakes and Burleigh precinct, the beach, cafes, restaurants, schools, Robina Town Centre, the Robina railway station, Bond University and the M1 motorway for easy access to Coolangatta airport and Brisbane.

‘Currawong Heights’ is a desirable place offering tranquility and convenience at your fingertips. A great location on the move with plenty of opportunity to do more. Whether you’re an investor or wanting to enjoy your own home this place offers the perfect opportunity.

Easy access to Frascott Park, a magnificent parkland for all to enjoy with a scenic walking and bike pathway with overhanging shaded trees, playground equipment, dog friendly area, basketball court and plenty of open grassy park to explore, a popular spot for sporting games, picnics and gatherings.

The complex offers a freeform lagoon style swimming pool with wading area for the little ones. A tennis court and barbeque facilities, ideal for relaxing on those lazy Sunday afternoon gatherings with family and friends.

Excellent long-term tenants have enjoyed living here and would love to stay.
Currently tenanted $500.00 per week. Lease expiry date 6th October 2024
Estimated current rent market value between $550.00 - $650.00 per week

Features at a glance:
* Stylish single level duplex design unit
* Open plan living and dining
* 2 bedrooms with built-in wardrobes, ceiling fans
* Main two-way bathroom with shower and separate bath
* Functional kitchen with plenty of storage space
* Neat and tidy light filled interiors
* Separate laundry and toilet
* Covered outdoor entertainment area overlooking your garden
* Peaceful and private
* Pet friendly subject to body corporate approval
* Sizable fully fenced yard with established trees and low maintenance garden
* Garden shed for extra storage
* Side access for small caravan or extra vehicle
* Single Lockup garage
* On-site manager
* Superbly maintained garden areas and surrounds within the resort estate
* 84 units/townhouses in Currawong heights estate
* Lifestyle amenities for residence including swimming pool, tennis court and BBQ facilities

* Easy access into Frascott Parklands on your doorstep to playground, gym equipment,
dog friendly areas, walking/bike pathways and green open spaces.

* Convenient and close to the Varsity Lakes precinct with a variety of cafes, bars, restaurants, business and various medical centres, Bond University, a primary school, Lake Orr parklands, walking and bike trails and much more to enjoy...

Outgoings:
Body Corporate approx. $70.00 pw
Rates: $1207.23 per six months (approx.)
Water Rates: $406.81 per quarter (approx.)

Disclaimer: We have in preparing this information used our best endeavours 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, inaccuracies or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein. * denotes approximate measurements

Property History for 67/5 Greenlands Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$690,000
16 Jul 2024
Listed for Rent
$375/w
14 Sep 2015
  • 16 Jul 2024
    Sold for $690,000
  • 25 Jun 2024
    Listed for Sale Offers Above $695,000
  • 04 Sep 2015
    Listed for Rent - Price not available
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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 8,090 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.11% increase in median value, while Units have seen a 78.02% increase. As at 31 August 2024:

  • The median value for Houses in Varsity Lakes is $1,155,401 while the median value for Units is $763,728.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 37 properties listed for sale, and 35 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 455 properties were sold in the past 12 months in Varsity lakes.

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Terrilee Whitsed
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Terrilee Whitsed Boutique Realty
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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.