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Sold

108/251 Varsity Parade,
Varsity Lakes 4227, Queensland

2 bedrooms
2 bathrooms
2 car spaces
105m² building size
Apartment

$595,000

Property details

SOLD By Jon Paul

This 4th level apartment ticks all the right boxes for those that want a larger living space and generous balcony to entertain. For the investor you can be confident that the rental returns will be at the top end of town.

This apartment located in the Seaeagle building of the Reserve and will elevate your thoughts and senses with what the owners best describe 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.

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.

• 2 bedrooms, 2 bathrooms, 2 car parks
• Lift access to level 4
• 1 Storage cage on title

Outgoings:
• Body Corp: $127 per week approx.
• Council Rates: $1,962 approx. pa

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

This property is going to auction on the 6th October, all offers will be considered.

Auction Event - Thursday 6th October at 10am at the Star Casino

Explore the area

School catchments

  • Mastery Schools Australia - Varsity Lakes Campus Combined Independent 0.31km
  • 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

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.

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