Sold

90/251 Varsity Parade,
Varsity Lakes 4227, Queensland

2 bedrooms
2 bathrooms
2 car spaces
103m² land size
Unit

$505,000


Property details

SOLD By Jon Paul

With the family, living, and kitchen areas separating the bedrooms, this 3rd level apartment ticks all the right boxes for those that want privacy between rooms with the added confidence that the rental returns will be at the top end of town. This apartment located in the Seaeagle building of the Reserve will elevate your thoughts and senses with what the owners best describe the apartment as a "perfect resort retreat". Now it's time for you to come and live in what is regarded as the best complex for families, couples and students.

The facilities are outstanding, the resort-style pool is what you would expect in a Balinese holiday getaway and the attention to detail of the grounds is second to none. The communal kitchen, covered gazebos in a tropical setting will have you coming back time and time again to entertain with family and friends.

The separate bedrooms offer privacy for those looking to study or have a family, bathroom, and parking to earn some extra income or for that growing family.

Returns
Rental returns in Varsity Lakes offer investors some of the best returns on the Gold Coast. The Reserve Apartments goes that one step further and with vacancy rates as low as 0.2% on the Gold Coast expect huge demand for this apartment. Management has just rented an unfurnished apartment for $560 per week, expect more if you decide to furnish the apartment as students return to studies.

Outgoings:
Body Corp: $127 per week approx
Council Rates: $1,962 approx pa
Water Rates: $1,320 approx pa

Features:
- Freshly painted
- Master includes ensuite and a large walk-through robe
- Second bedroom is a great size with built-in robes
- Two stylish bathrooms
- 3rd level sunny north facing
- Gourmet kitchen, large granite stone tops
- Open plan living/ air-conditioned
- Security screens
- Separate laundry room with dryer
- Two car covered parking side by side with cage
- Storage room on title 3.5 metres x 2.2 metres

The Reserve Facilities:
- 47 meter lagoon pool with sandy beach
- Two BBQ areas + tables and chairs
- Two fully equipped gymnasiums
- Steam room & plunge pool
- In-ground spa
- Private theatre room for 10 people
- Fully stocked library
- Well maintained gardens
- Private and exclusive lakeside boardwalk around Lake Orr
- Lakeside and poolside Bali Huts

Location Highlights:
- Walking distance to Bond University
- Situated in Varsity Lakes primary & secondary school catchment
- Public transport at your door only minutes to Robina Town Centre
- 10 minutes drive to Burleigh Beach or Mermaid Beach
- Walk to shops, cafes, and amenities

Explore the area


School catchments

  • Mastery Schools Australia - Varsity Lakes Campus Combined Independent 0.30km
  • Varsity College Combined Prep-12 Government 1.3km
  • Caningeraba State School Primary Prep-6 Government 1.5km
  • Robina State School Primary Prep-6 Government 1.9km
  • Miami State School Primary Prep-6 Government 2.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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