Sold

201/251 Varsity Parade,
Varsity Lakes 4227, Queensland

4 bedrooms
2 bathrooms
2 car spaces
195m² building size
Apartment

$1,300,000


Property details

Under Instructions to SELL..... Waterfront Sub Penthouse!

Welcome to something truly special at The Reserve Apartments - one of the Gold Coast's most tightly held resort-style addresses, perfectly positioned in the vibrant heart of Varsity Lakes.

If you've ever dreamed of living somewhere that feels like a permanent holiday, this is it.

The Sub-Penthouse
This residence is one of only 20 in the complex - a rare four-bedroom sub-penthouse with north-east water views over Lake Orr.

For investors, the fundamentals are equally compelling. With Bond University at your doorstep and strong executive demand in the area, the anticipated rental return of approximately $1,500-$1,700 per week positions this as a blue-chip addition to any portfolio.

Property Details
• North-east aspect with water views
• Brand New Kitchen (Feb 2026) with soft-close drawers, a chic Franke Sink with a matching mixer, including Bosch appliances
• 4 Bedrooms- all with built-in robes
• 2 Bathrooms
• Combined Laundry & Powder Room
• 2 Side-by-Side Car Spaces
• Secure Basement Storage Room- ideal for bikes, surfboards or anything you can imagine
• Freshly Painted Interior
• Luxurious New Zealand wool carpets
• Option to convert Laundry into a third bathroom

Outgoings:
Body Corporate $139 per week approx
Water $350 per quarter approx
Rates $1,111.21 approx

145 sqm living & carparks and storage 40sqm = 195 sqm approximately.

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

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.


Back to top