SOLD
Sold on 16 Apr 2024 for $3,190,000

21 Lake Street
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 880m2
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Property Details for Lot 303/21 Lake St, Varsity Lakes

Building Type
Commercial
Floor Size
300m2
Land Size
880m2
Local Government
Gold Coast City
Lot/Plan
303/SP226169

Last Listing description (July 2016)

THIS TENANCY IS A RARE OPPORTUNITY TO HAVE A FITTED FULL FLOOR OFFICE SPACE IN VARSITY LAKES, JUST OPEN THE DOOR AND COMMENCE BUSINESS. THE EXISTING FITOUT IS HIGH QUALITY AND FUNCTIONAL AND WILL SUIT MOST BUSINESS REQUIREMENTS AS IS. 21 LAKE STREET BENEFITS FROM HIGH QUALITY AMENITY RIGHT AT ITS DOOR, INCLUDING; NUMEROUS CAFES AND RESTAURANTS, LICENSED VENUES AND RETAIL OPPORTUNITIES. ADDITIONALLY, BOND UNIVERSITY IS JUST AROUND THE CORNER, MAKING THIS AREA A HIVE OF ACTIVITY.TENANCY DETAILS INCLUDE:* AREA: 840 SQUARE METRES* PRICE: $350 PER SQUARE METRE* FITOUT INCLUDES: LARGE RECEPTION AREA, LARGE BOARDROOM, MEETING ROOMS, OPEN PLAN, KITCHEN/LUNCH ROOM AND EXCLUSIVE BALCONY* TOP FLOOR TENANCY* 25 BASEMENT CAR PARKS

Property History for Lot 303/21 Lake St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$3,190,000
16 Apr 2024
Listed for Rent
18 Jul 2016
  • 16 Apr 2024
    Sold for $3,190,000
  • 05 Apr 2018
    Sold for $3,760,000
  • 18 Jul 2016
    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 8,047 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 88.34% increase in median value, while Units have seen a 72.99% increase. As at 30 September 2024:

  • The median value for Houses in Varsity Lakes is $1,169,841 while the median value for Units is $755,001.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 25 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 425 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.