90/251 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 90/251 Varsity Pde, Varsity Lakes
90/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 103m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (August 2022)
Little expense has been spared for this north facing two bedroom apartment with lift access to level three, the owners now want to pass their love and attention onto you.
With the family, living, and kitchen areas separating the bedrooms, this 3rd level apartment ticks all the right boxes for those that want privacy between rooms with the added confidence that the rental returns will be at the top end of town. This apartment located in the Seaeagle building of the Reserve will elevate your thoughts and senses with what the owners best describe the apartment as a "perfect resort retreat". Now it's time for you to come and live in what is regarded as the best complex for families, couples and students.
The facilities are outstanding, the resort-style pool is what you would expect in a Balinese holiday getaway and the attention to detail of the grounds is second to none. The communal kitchen, covered gazebos in a tropical setting will have you coming back time and time again to entertain with family and friends.
Returns
Rental returns in Varsity Lakes offer investors some of the best returns on the Gold Coast. The Reserve Apartments goes that one step further and with vacancy rates as low as 0.2% on the Gold Coast expect huge demand for this apartment. Management has just rented an unfurnished apartment for $560 per week, expect more if you decide to furnish the apartment as students return to studies.
Outgoings:
Body Corp: $127 per week approx.
Council Rates: $1,962 approx. pa
Water Rates: $1,320 approx. pa
Features:
New kitchen with self cleaning oven, induction cooktop & modern stainless double basin
New Air-conditioner-powerful 8kw
New LED lights
New fans
New carpets
New sheer curtains
New shower screens and toilets installed
Freshly painted
Master includes ensuite and a large walk-through robe
Second bedroom is a great size with built-in robes
Two stylish bathrooms
3rd level sunny north facing
Gourmet kitchen, large stone tops
Open plan living/ air-conditioned
Security screens
Separate laundry room with dryer
Two car covered parking side by side with cage
Storage room on title 3.5 metres x 2.2 metres
The Reserve Facilities:
47 metre lagoon pool with sandy beach
Two BBQ areas + tables and chairs
Two fully equipped gymnasiums
Steam room & plunge pool
In-ground spa
Private theatre room for 10 people
Fully stocked library
Well maintained gardens
Private and exclusive lakeside boardwalk around Lake Orr
Lakeside and poolside Bali huts
Location Highlights:
Walking distance to Bond University
Situated in Varsity Lakes Primary & Secondary School catchment
Public transport at your door only minutes to Robina Town Centre
10 minutes drive to Burleigh Beach or Mermaid Beach
Walk to shops, cafes, and amenities
Expressions of Interest closing Thursday 4th August 2022
*Prices & distances are approximates
Property History for 90/251 Varsity Pde, Varsity Lakes, QLD 4227
- 16 Jul 2022Sold for $645,000
- 15 Jul 2022Listed for Sale Expressions of Interest by 4th August 2022
- 19 Aug 2021Sold for $505,000
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0About 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 8,093 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 86.62% increase in median value, while Units have seen a 77.39% increase. As at 31 July 2024:
- The median value for Houses in Varsity Lakes is $1,162,033 while the median value for Units is $760,798.
- Houses have a median rent of $850 while Units have a median rent of $750.
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