SOLD
Sold on 16 Apr 2024 for $1,550,000

73/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 620m2
Sold By
For Sale By Owner
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Property Details for 73/255 Varsity Pde, Varsity Lakes

73/255 Varsity Pde, Varsity Lakes is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 620m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
130m2
Land Size
620m2
Local Government
Gold Coast City
Lot/Plan
73/SP164872

Last Listing description (June 2024)

The Phone Code for this property is: 75074. Please quote this number when phoning or texting.

Welcome home to Varsity Lakes' best Penthouse address and experience an unrivalled 322m2 of space all to yourself. Upon entering this meticulously maintained 2 storey top floor apartment you will immediately be captivated by the light filled open plan living space.

Enjoy cool coastal breezes as you experience the natural flow of the built-in study/sitting, dining and double height living area which leads to one of three private balconies this property has to offer.

With sweeping views across Lake Orr to the beautiful Gold Coast skyline and Hinterland you will be sure to wow your guests, or just relax and enjoy the peace and privacy all to yourself!

Cooking will be a joy in the fully equipped kitchen with stone bench tops, 900mm oven and cooktop, fully integrated Miele fridge and freezer and large island bench.

With a well thought out floorplan you can enjoy the convenience of 3 large bedrooms, 2 full bathrooms with marble bench tops, powder room and laundry all on your first floor.

Of course, not to be missed is the entertainers delight that really makes this penthouse one of a kind. Take the stairs from your main living area to the mezzanine with a second large living space with built in tv unit and storage. Large bifold doors flow out onto your very own private 80m2 rooftop balcony. Entertain until your heart is content with built in outdoor kitchen and sweeping views of the Gold Coast.

Other features of this property:
-2 large basement car spaces directly opposite lift access
-Fully enclosed lock up storage area
-large complex pool overlooking Lake Orr with undercover seating and bbq area
-onsite fully equipped gym
-convenient stroll to Varsity Lakes CBD

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 73/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,550,000
16 Apr 2024
  • 16 Apr 2024
    Sold for $1,550,000
  • 04 Apr 2024
    Listed for Sale Offers over $1,490,000
  • 24 May 2016
    Sold for $840,000
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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.
There are currently 33 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 423 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.