SOLD
Sold on 01 Mar 2024 for $755,000

20 Tourangeau Crescent
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 135m2
Land area: 89m2
Sold By
Little Real Estate Queensland
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Property Details for Lot 3/20 Tourangeau Cres, Varsity Lakes

Lot 3/20 Tourangeau Cres, Varsity Lakes is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 89m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
135m2
Land Size
89m2
Local Government
Gold Coast City
Lot/Plan
3/SP158913

Last Listing description (March 2024)

This versatile tri-level property is a goldmine for the savvy buyer, offering a range of possibilities. Whether you're looking to run a business from home, explore dual or triple occupancy living, or simply make cash as you sleep, this thoughtfully designed property has it all.

Perfectly situated in a quiet cul-de-sac, just moments from central Varsity Lakes, Varsity College high school, and Bond University, this property boasts multiple living spaces both indoor and outdoor. Recent additions include full solar panels installed within the last 12 months, ensuring energy efficiency.

Inside, discover 3 modern and tastefully appointed bedrooms & bathrooms, along with a single lock-up garage and an extra car space in front. Low body corp fees at $60.00 per week, makes this investment even more attractive.

Take advantage of the SOHO council zoning (small office, home office) to operate a business from the comfort of your home. The property is consistently tenanted with its triple living capability, (currently 3 sept leases) Situated in a small block of only 4 properties that are well-maintained and recently painted.

Currently selling as a fully rented investment with 3 leases totaling $925.00 per week, you have the option to arrange market rentals at a realistic $1050.00 per week before settling the contract. Don't miss out on this Blue Chip investment - call now to schedule your exclusive inspection and secure your place in this lucrative venture!"
Call exclusive agent
Tracy D'Anna
0402997450

Disclaimer:
Little Real Estate has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Little Real Estate toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for Lot 3/20 Tourangeau Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$755,000
01 Mar 2024
Listed for Rent
$240/w
23 Jan 2014
  • 01 Mar 2024
    Sold for $755,000
  • 15 Nov 2023
    Listed for Sale Offers over $749,000 considered
  • 05 Aug 2019
    Listed for Sale $519,000
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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 8,045 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.
There are currently 33 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 424 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.