Sold
55 South Bay Drive,
Varsity Lakes 4227, Queensland
$915,000
Property details
-
Agents
SOLD By Jon Paul
Imagine over $1000 per week in rent with an extremely low body corporate levy of just $20+ for building insurance.
This adaptable home lends itself as an "entertainer" and is ideally suited for multiple family and friends to gather, have a meal and relax on the many alfresco patio areas on offer. For those busy families with adult children, this is your opportunity to get that well deserved privacy and to reconnect. You won't even have to see them! Within a short walk you have endless paths adjacent to Lake Orr, over to Aldi or for school aged parents who need to be in the school catchment, Varsity College Primary is across the road, with secondary school and Bond University all within 4km.
For savvy investors, rent the back "pad"out as it is a fully self-contained unit for up to $400 per week or both homes for $1050 per week. The cleverly configured pad is ready to go with a separate electrical meter installed so you can share the costs accurately.
Dual Living | Dual Access
• 3 bedrooms (2 Main house, 1 bedroom Pad)
• 306sqm of living space
• Freshly painted inside and out
• 3 Entertainment decks/ patio
The Pad
This chic "mini home" is fully self contained and could be your residence or private office with full kitchen, bathroom, air conditioned, fan with easy clean and hardy vinyl plank floors.
Pad Features
• Chic design and with function
• New Hardi plank decking (pad)
• Undercover Parking option
• Secure and Private gate access
• Electricity can be split
• Walk to everything
Outstanding offerings
• Two Electricity Meters- One bill or split it
• Parking for up to 3 vehicles - access from Jurien Crs
• Multi functional space is covered for car, storage or business use
• Generous courtyard & decks
• Air Conditioned throughout (4 individual reverse cycle units)
• Fans in each room
• Downstairs laundry and powder room
• 5000 Litre water tank
• Efficient Solar Hot Water
• Home Office Approved
• Business signage approved
• High speed data hub
• Private Client Access
Income Projections
• Complete Home $850 to $900
• or separately Main House $750
• Self Contained Pad $400
*Prices are based on relevant rentals in South Bay
Outgoings
• Water $359.25
• Rates $1019.17
The Location
• Varsity College Primary 50 Metres
• Varsity College Secondary 1.2km walk
• Bus Stop 20 Metres
• Varsity Train Station 1.7km
• Varsity College Secondary 1.2km walk
• Aldi and Cafe 250 Metres
• Lake Orr 200 Metres
• Beautiful beaches less than 5km Drive
Come and inspect today!!
Explore the area
School catchments
- Varsity College Combined Prep-12 Government 0.28km
- Arcadia College - Varsity Lakes Temporary Facility Secondary Independent 0.88km
- Mastery Schools Australia - Varsity Lakes Campus Combined Independent 1.2km
- Mastery Schools Australia - Varsity Lakes Secondary Temporary Facility Secondary Independent 1.2km
- King's Christian College Combined Prep-12 Independent 1.6km
- The Industry School - Gold Coast Secondary 10-12 Independent 1.8km
- Gold Coast Christian College Combined Prep-12 Independent 1.9km
- Robina State School Primary Prep-6 Government 1.9km
- Caningeraba State School Primary Prep-6 Government 2.2km
- Hillcrest Christian College Combined Prep-12 Independent 2.4km
- Marymount Primary School Primary Prep-6 Catholic 2.5km
- Marymount College Secondary 7-12 Catholic 2.7km
- Silkwood School - Robina Campus Combined Independent 2.9km
- Clover Hill State School Primary Prep-6 Government 3.2km
- Somerset College Combined Prep-12 Independent 3.3km
- Robina State High School Secondary 7-12 Government 3.4km
- Miami State School Primary Prep-6 Government 3.5km
- Miami State High School Secondary 7-12 Government 4.0km
- Burleigh Heads State School Primary Prep-6 Government 4.1km
- St Andrews Lutheran College Combined Prep-12 Independent 4.6km
- Merrimac State High School Secondary 7-12 Government 5.3km
- All Saints Anglican School Combined Prep-12 Independent 5.4km
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
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Floorplan
Contact Jon Paul
Contact Jon Paul
Jon Paul
55 South Bay Drive, Varsity Lakes QLD 4227
Request a callback
Jon Paul
55 South Bay Drive, Varsity Lakes QLD 4227