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3/5 Assembly Drive,
Varsity Lakes 4227, Queensland

3 bedrooms
2 bathrooms
2 car spaces
172m² land size
Unit

$760,000

Property details

SOLD By Jon Paul

Ready? Your new home awaits!

More than just a townhouse you are buying into a lifestyle here. Within a 5 min walk, you will have an array of outstanding dining experiences offering Italian, German, Thai and French cuisines. Walk your pooch to the adjacent Central Park or maybe a lakeside stroll with friends offering over 2.5km of trails and boardwalks.

"College Park" has a proven track record for financial returns and these 30 townhouses are an ideal investment so expect rental returns of $750 per week for this home. Lot 3 was just rented in December 2021 for $750 with multiple applicants.

This is a special place with a tropical pool setting and the owners have made comments on how ideally suited this home is for growing families or those looking to study at Bond University.


Highlights
* 5 min walk to CBD
* Sunny east facing large entertainment deck
* Lifestyle position
* Just 30 townhouses
* Two storey's
* East-facing
* Large outdoor entertaining deck

Features
* 3 bedrooms
* 2.5 bathrooms (2 up, powder room downstairs)
* Single garage, additional driveway parking
* Study Nook
* 2 car parking
* Private parents retreat balcony
* Walk in robe
* Ample storage
* Separate laundry
* New range hood
* Clean, tidy & ready to go
* Air Conditioned
* Vacant
* Pool
* BBQ

Distances
* Lake Orr 500 metres or 4 min walk
* Bond University 900 metres or 6 min walk
* Varsity College (High school) 300 metres or 2 min walk
* Varsity Primary 3.1km or 5 min drive
* Varsity CBD & Convenience Stores
* CBD Hotel, BlackBoard Cafe, German Bakery, Parisian Cafe, IGA and bottle shop 800 metres or 6 min walk
* Burleigh Heads Beach 6.9km or 10 min drive
* Nobby's Beach 5.8km or 8min drive
* Link to M1 7 km or 10 min drive
* Brisbane 88 km or 1-hour drive

Income
* Expected Rental Income $750 to $780 per week

Outgoings
* Body Corporate $67 per week approx
* Council Rates 6 months $871 approx
* Quarterly Water Rates $340 approx

All offers are considered prior and welcomed.

Auction 29th January, online

Explore the area

Static map image for property View in Google Maps

School catchments

  • Mastery Schools Australia - Varsity Lakes Campus Combined Independent 0.31km
  • Varsity College Combined Prep-12 Government 1.2km
  • Robina State School Primary Prep-6 Government 1.4km
  • Caningeraba State School Primary Prep-6 Government 2.1km
  • Miami State School Primary Prep-6 Government 2.5km

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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