SOLD
Sold on 20 Feb 2024 for $6,000,000

21 Lake Street
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: -
Car spaces: 1
Floor area: 79m2
Land area: 1650m2
Sold By
Clark Property Partners
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Property Details for Lot 1/21 Lake St, Varsity Lakes

Building Type
Commercial
Floor Size
79m2
Land Size
1650m2
Local Government
Gold Coast City
Lot/Plan
1/SP182409

Last Listing description (September 2019)

Strategically positioned above Hotel CBD in the heart of Varsity Lakes is where you will find this fully serviced shared office creative. Choose from 5 remaining open workstations in an elegant office with plenty of space and currently occupied by 5 other businesses.
Services include shared entrance lobby, meeting boardroom with presentation facilities, outdoor functions area, printer/scanner, kitchenette, M/F amenities (plus a disabled bathroom), signage opportunities and more.
- Each workstation has white desk, chair and internet access

- Ducted air conditioning
- Plenty of natural light
- Full security building
- 24 hour access
- Lift
- Visitor parking
- Available now
Rent includes all services, cleaning, power, photocopier, internet etc
For more information or to arrange your inspection, please contact listing agents Tara Imlach 0452 418 343 or Greg Watson 0417 757 442.
Ray White Commercial GC South
Servicing the Southern Gold Coast
*approximately

Property History for Lot 1/21 Lake St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$6,000,000
20 Feb 2024
Listed for Rent
$1.30k/w
02 Sep 2019
  • 20 Feb 2024
    Sold for $6,000,000
  • 21 May 2019
    Listed for Rent $5,000 / year
  • 25 Nov 2014
    Listed for Rent - Price not available
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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 8,041 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 30 properties listed for sale, and 27 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.