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Sold on 17 Nov 2024 - Price Unavailable

92/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
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Property Details for 92/251 Varsity Pde, Varsity Lakes

92/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Varsity Lakes in the last 12 months.

Building Type
Apartment
Floor Size
116m2

Last Listing description (November 2024)

Welcome to an exclusive lifestyle in the highly coveted "The Reserve" complex, where luxury meets convenience in a perfect blend! This stunning two-bedroom apartment is your ticket to a vibrant, tropical escape right in the heart of Varsity Lakes.

For families, envision a tropical paradise just outside your door. Enjoy the lagoon-style pool surrounded by lush, manicured gardens. Relax on the sandy shores or splash around with the kids - it's the ultimate family retreat! The side-by-side parking and ample storage for surfboards, bikes, and more make this a perfect home base for your adventures.

Professionals, this prime location in the CBD offers the best of both worlds. With Bond University just across the road and easy access to the fast train to Brisbane, you can enjoy a seamless work-life balance. Unwind in style after a busy day at work in this serene, sunlit apartment.

Investors, take advantage of Varsity Lakes' impressive rental yields! This generously sized 116sqm, 2-bedroom apartment can fetch between $780-$820 per week - a stellar investment opportunity you don't want to miss!

Students, you'll love the proximity to Bond University and a fantastic array of dining options. With a new Coles supermarket in the pipeline, convenience is at your fingertips!

This apartment features easy lift access from the basement, a north-facing position, and an abundance of natural light.

Enjoy:

2 Bedrooms
2 Bathrooms
2 Side-by-Side Car Parks + Lockable Garage Storage Room (on title)
50m Lagoon Pool - perfect for laps or lounging
New Infrared Sauna in a tropical setting
Heated Spa
Two Gym Rooms
Manicured Gardens
Professional Onsite Management Team
If you've ever dreamed of living in a 5-star resort full-time, now is your chance! With high rental yields and the golden beaches of the Gold Coast just a short drive away, a permanent vacation lifestyle is within reach.

Don't wait - make this iconic apartment yours today! Call now to book a viewing and step into a life of luxury and convenience!

Outgoings:

Council Rates: $1300 (approx. 6 months)
Water: $426 (approx. per quarter)
Body Corp: $161 (approx. per week)
Current Income: $730.00, expected income $780.00

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Property History for 92/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
17 Nov 2024
  • 17 Nov 2024
    Sold for $715,000
  • 11 Sep 2024
    Listed for Sale $699,000+
  • 07 Apr 2012
    Sold for $309,000
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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 8,102 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.35% increase in median value, while Units have seen a 85.66% increase. As at 30 November 2024:

  • The median value for Houses in Varsity Lakes is $1,165,246 while the median value for Units is $800,813.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 27 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 436 properties were sold in the past 12 months in Varsity lakes.

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