7/28 Castello CircuitVarsity Lakes QLD 4227
Property Details for 7/28 Castello Cct, Varsity Lakes
7/28 Castello Cct, Varsity Lakes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 100m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (November 2021)
This ground floor apartment is situated in the "Azzurra Eco" residential resort, which is a boutique complex adjacent to tranquil bushland and Azzurra Island. It has a low body corp fee of only $68 per week. It is located within minutes from the Varsity train station, bus stops, the M1 highway, Bond University and zoned within the Varsity College catchment area.
The complex is very well maintained with manicured gardens and a pristine swimming pool. There is a proactive onsite manager, which benefits any investor or owner-occupier.
The apartment is modern and spacious and has a well-equipped open plan kitchen with stone bench tops. The living area has large sliding doors opening onto a generous balcony and is East facing.
On your doorstep are many miles of cycling and walkways around Azzurra Island and Lake Orr.
PROPERTY FEATURES:
Air conditioning
Stone kitchen counters
Open plan kitchen and living area
Built in microwave
Plumbing to fridge
Large balcony
Fan in main bedroom
Built in robes
Beautiful swimming pool in complex
BBQ facilities
On site manager
INCOME:
Currently tenanted $400 per week
OUTGOINGS:
Rates - $2029 per year
Water & sewerage - $269 per quarter
DISTANCES:
Bus stop - 600 m
Local shops - 1 km
Major Shopping Centre (Robina) - 3.6 km
Primary School (Varsity College SS) - 1.6 km
High School (Varsity College SHS) - 3.0 km
Parkland - 20 m
Highway - 850 m
Train Station - 800 m
Beach - 6.4 km
Property History for 7/28 Castello Cct, Varsity Lakes, QLD 4227
- 05 Oct 2021Sold for $421,000
- 29 Sep 2021Listed for Sale Expressions of Interest
- 03 Aug 2016Sold for $330,000
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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 8,045 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.
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