SOLD
Sold on 23 Apr 2024 for $660,000

74/5 Greenlands Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 145m2
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Gold Coast Property Sales & Rentals Gold Coast
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Property Details for 74/5 Greenlands Dr, Varsity Lakes

74/5 Greenlands Dr, Varsity Lakes is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 145m2 and floor size of 125m2. 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
1989
Floor Size
125m2
Land Size
145m2
Local Government
Gold Coast City
Lot/Plan
74/GTP2944

Last Listing description (June 2024)

A change in circumstances means this Investor who has owned this property for over 10 years needs to sell sooner rather than later!

Discover potential in this charming townhouse at "Currawong Heights," where a little TLC can transform it into your dream home. Here's your chance to add your personal touch and make it truly yours.

The open-concept layout seamlessly connects the living, dining, and kitchen areas, providing the ideal space for entertaining guests or relaxing with family. Step outside to a good size courtyard area, fully fenced for children/pets to play in safety.

Retreat upstairs to the 3 good size bedrooms all equipped with built ins and carpeted throughout.

Indulge in the resort style offerings, where a lagoon-style pool invites you to unwind and escape the everyday hustle. Tennis courts await those seeking an active lifestyle, while the BBQ area sets the stage for memorable gatherings.

With direct access to Frascott Park, boasting scenic walking and bike tracks, a dedicated doggy area, and play equipment for the little ones. With pets allowed on approval, your furry companions will love this pet-friendly community just as much as you do.

Currently rented on a periodical lease, the location of this complex is all within short minutes drive to the M1, Robina Town Centre, schools, local beaches and a walk to local shops and public transport, making this an ideal place to nest.

DOWNSTAIRS

- Open plan airconditioned living
- Modern kitchen with dishwasher
- Laundry and separate toilet
- Tiled flooring
- Under stairs extra storage
- Internal access to single garage with a fan inside
- Sliding doors either end of the living space
- Newly painted downstairs walls
- Security screens throughout
- Private outdoor area
- Extra car space is available outside the garage
- Plenty of visitor parking scattered throughout

UPSTAIRS

- Carpeted stairs and in all bedrooms
- 3 bedrooms, all with built ins
- 1 bathroom with bath
- Separate toilet

COMPLEX OFFERS

- Onsite manager
- Well maintained garden areas
- In ground swimming pool
- Tennis court
- Residents can obtain a key for access into Frascott Park, dog friendly areas, gym equipment, playground.
- Low body corporate for facilities available approx $60pw
- Rates $1200 6 monthly and Water meter shared $449 per quarter
- Pet friendly subject to body corporate approval
- Gated complex of 84 in Currawong heights estate
- Built in 1990
- Currently rented on a periodical lease
- Rental appraisal $650 to $700 pw

If you're starting out on the property ladder or an Investor looking for a great return, you need to act now as properties in this quiet complex are very well sought after and do not become available very often.

Disclaimer: In the preparation of this information, we have used our best endeavours to ensure that the information contained herein is true and accurate, and 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 any information contained herein.

Property History for 74/5 Greenlands Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$660,000
23 Apr 2024
  • 23 Apr 2024
    Sold for $660,000
  • 10 Apr 2024
    Listed for Sale Offers above $650,000
  • 16 Oct 2013
    Sold for $160,235
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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 8,049 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 35 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 417 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.