SOLD
Sold on 31 Jul 2024 for $700,000

195 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 80m2
Land area: 66m2
Sold By
Brandon Johnson
Coastal Property Agents Commercial
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Property Details for Lot 4/195 Varsity Pde, Varsity Lakes

Building Type
Commercial
Year Built
2003
Floor Size
80m2
Land Size
66m2
Local Government
Gold Coast City
Lot/Plan
4/SP162766

Last Listing description (October 2024)

Brandon Johnson & Jake MacNicol from Coastal Commercial as exclusive agent, presents the opportunity to secure a ground floor professional suite in sort after Varsity Lakes. The property offers an immaculate fit out currently occupied by a laser skin centre and would suit a range of commercial uses. With the cost of building materials and labour being at an all time high, be quick to secure this opportunity with no expense spared.

Features:
80m2 fully fit out and ready to go

3 x treatment rooms/office spaces
Large reception and waiting area
Back of house features kitchenette
Two exclusive car parks with ample on street car parking
Centre zoned
High-end medical grade fit out
All offers submitted - must be leased

*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, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Property History for Lot 4/195 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$700,000
31 Jul 2024
Listed for Rent
$862/w
29 Aug 2024
  • 29 Aug 2024
    Listed for Rent - Price not available
  • 31 Jul 2024
    Sold for $700,000
  • 28 Jun 2024
    Listed for Sale EXPRESSIONS OF INTEREST CLOSING 24TH JULY 4PM
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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 8,048 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, 426 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.