98/251 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 98/251 Varsity Pde, Varsity Lakes
98/251 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 2849m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Last Listing description (July 2022)
OWNERS DEMAND URGENT SALE
Located in the heart of Varsity Lakes and just a short stroll away from Bond University and Varsity Secondary College, this apartment on the third floor boasts an enviable resort lifestyle with beautiful waterfront views. An ideal property for the astute investor, first home buyer or downsizer.
The Reserve is renowned for its desirable waterfront location and quality facilities on offer including a 48m sandy beach lagoon style pool, private theatre room, stocked library, fully equipped gym, games room, in ground spa, steam room, BBQ areas lakeside and dedicated onsite managers.
Features on offer
- 2 bedrooms (master with walk in robe)
- 2 bathrooms (ensuite to master)
- modern kitchen with stone benchtops, ceramic cooktop, rangehood and oven
- separate laundry
- open plan living
- sensational waterfront views from both bedrooms and outdoor entertainment balcony
- undercover balconies extending from master bedroom and living area
- ceiling fans
- air conditioning
- 2 car underground car parking
- secure storage cage
- direct boardwalk access to Bond University
- security gated complex with intercom
- internal lift access from basement to apartment
This property is currently tenanted @ $470 per week until 29th April 2019. A current rental appraisal is available on request which indicates a return of $460-$480 per week achieveable.
Body Corporate = $98 per week
Rates = $868.20 (6 mths)
Water = $416.57 (3mths)
Situated within walking distance to Varsity Lakes Market Square offering trendy cafes, restaurants and local shopping. The lakeside boardwalk allows easy access to Bond University and Varsity Secondary College with breathtaking waterfront views of Lake Orr.
This is a stand out investment opportunity. The combination of space, style, facilities and location will impress.
MAKE AN OFFER - THIS MUST BE SOLD
Please call Bronwyn Knipe on 0433 268 600 to arrange an inspection.
Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but 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 the information contained herein.
* denotes approximate measurements.
Price Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
Disclaimer:
Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but 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 the information contained herein.
* denotes approximate measurements.
Property History for 98/251 Varsity Pde, Varsity Lakes, QLD 4227
- 26 Jul 2022Listed for Sale Sold
- 30 Mar 2019Sold for $380,000
- 26 Sep 2018Listed for Sale $389,000 +
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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 8,045 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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