OFF MARKET

68/255 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 68/255 Varsity Pde, Varsity Lakes

68/255 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 January 2023.

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

Last Listing description (February 2024)

Set in the hub of Varsity Lakes right next door to Bond University you will find the sought after Capes development. This spacious 2 bedroom, 2 bathroom unit is set on the 5th floor with panoramic views from your balcony and has potential to be either a great income earner for investors or a wonderful starting point for first home buyers.

The expansive, light filled open plan living/dining room flows onto the balcony area where you can enjoy a drink while watching the sunset. The kitchen has a huge stone island bench and plenty of cupboard space with all the usual mod cons.

The master bedroom has an amazing walk in closet and large ensuite and has lots of space even for a desk. The second bedroom is also a generous size and it has a bathroom which includes bath/shower and there is also a separate toilet.

The Capes facilities are spectacular with a huge pool set right on the water and a fully equipped gym. With a great income potential of up to $580.00 per week it really is a wonderful investment opportunity as there are always a list of potential tenants looking here.

Features Include:-

- Open Plan Living/Dining
- Large Open Plan Kitchen with stone bench tops
- Island Bench
- Outdoor Balcony with views
- Air Conditioner
- Master Bedroom with walk in robe and ensuite
- Second large bedroom
- Family Bathroom
- Separate Powder Room
- 2 Car parks
- Storage Cage
- Intercom System

Varsity Lakes is a great place to live with highly popular public schools and Bond University right there. It is also only a few minutes to Robina Shopping Centre and Hospital and the great beaches of Burleigh are less than 15 minutes away. It also has great access to the M1 and with great public transport including buses and trains it is such an easy place to live. It also boasts 22 kms of walkways around 2 lakes which provide a beautiful backdrop to your new home.

This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

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 enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 68/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$640,000
03 Jan 2023
Listed for Rent
$520/w
03 Aug 2011
  • 03 Jan 2023
    Sold for $640,000
  • 13 Apr 2022
    Sold for $620,000
  • 07 Apr 2022
    Listed for Sale Contact Agent
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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 88.34% increase in median value, while Units have seen a 72.99% increase. As at 30 September 2024:

  • The median value for Houses in Varsity Lakes is $1,169,841 while the median value for Units is $755,001.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 36 properties listed for sale, and 35 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 449 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.