5 Nepean Court,
Varsity Lakes 4227, Queensland

This house will be sold at auction as the owners have committed elsewhere.

You have an incredible opportunity to live lakeside in Varsity Lakes. Half of the home has been renovated and the other half is open for your touch. It's also right to move into as is with only a few touch ups upon entry.

I absolutely love the high ceilings, the flow of the bedrooms to one side and the kitchen/living to the other side. The kitchen is stunning and coupled with the tasteful flooring throughout, you've got a very modern touch with a lot of the heavy lifting already done for you.

The outside entertaining is so inviting, flowing from the dining room, the stacker doors give you the best of good and bad weather and serves as the perfect place for a good laugh with friends, a BBQ or to read a quiet book. FYI…the neighbourhood is so peaceful and is predominantly owner occupied.

When you live this close to Lake Orr (the most underrated amenity on the Gold Coast), Burleigh Beach, Robina Town Centre, Varsity College (primary and secondary), the M1, Bond University, Varsity Train station, Coolangatta Airport, nightlife and you have lived in other parts of Australia like Sydney or Melbourne, you really get a sense of how blessed you'll be to live here.

Varsity is a gem that's hiding in plain sight with an average yearly growth over the last 10 years of 10.15%, meaning it's one of the strongest performers and still has so much more growth to come, and with the rental market still yielding between 5-8%, all investors should take note of the wonderful returns this home has to offer.

Call Greg on 0475 046 561 to discuss inspections, information and details about the upcoming auction.


HIGHLIGHTS:
• Rendered Single Storey home with an enclosed 350m2 block
• 4 Bedrooms/2 Bathrooms/Double lock up garage
• Low maintenance home on a 350m2 block
• Incredibly attractive back patio which flows from kitchen and dining
• Renovated open kitchen
• New flooring
• Air conditioning
• Great floor plan ideal for families, downsizers, working couples and investors
• Safe neighbourhood with a great sense of community
• A short walk to Lake Orr and the water
• 2 living areas
• Great floor plan with master offset
• Fantastic investment with great returns in a high growth area
• Very close to Varsity College Primary and Senior Schools, Hospital, Robina Town Centre, Bond University and Burleigh Beach!


POTENTIAL INCOME:
• Rental potential: $950 - $980 per week (approx.)
• Airbnb/Stayz: $300 - $775 per night (entire home depending on season)


OUTGOINGS:
• Council - $1,923.20 per year approx
• Water - $1,187.48 per year approx


SCHOOL CATCHMENT ZONE:
• Varsity College Primary School
• Varsity College Senior School
• Bond University

DISTANCES:
• Bus Stop - 750 m
• Local Shopping Centre - 1.7 km
• Major Shopping Centre - 5.4 km

• Primary School - 1.5 km
• High School - 3 km
• Parkland - 65 m

• Highway - 900 m
• Train Station - 1.1 km
• Beach - 6.7 km
• Hospital - 5.3 km



Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.