Sold
147 Varsity Parade,
Varsity Lakes 4227, Queensland
$975,000
Property details
-
Agents
SOLD BY JON PAUL
What is a SOHO?
A Small Office/Home Office (SOHO) is registered for both residential living and business use, giving you the flexibility to live in, work from, or invest in one of the most versatile property types available. This could be the smartest move you make in 2026!
Don't miss this rare opportunity to secure a high-performing investment in a sought-after location. Offering excellent income potential and exceptional flexibility, this unique property is ideal for work-from-home professionals, business owners, or savvy investors seeking strong rental returns.
Current Investment Highlights
Dual-Income Opportunity
Currently returning $975 per week on a lease through to May 2027, the property comprises:
• A fully self-contained studio apartment above the garage.
• A spacious two-bedroom residence in the main home.
Self-Contained Studio
• Lofted ceilings creating a spacious feel.
• Kitchenette.
• Bathroom.
• Open-plan living and bedroom area.
• Shared laundry facilities.
Two-Bedroom Residence
• Modern kitchen.
• Open-plan living and dining area.
• Bathroom.
• Laundry facilities.
• Two generous bedrooms.
Additional comfort features include:
• Air conditioning in the studio and Bedroom 2.
• Ceiling fans throughout.
• Option to purchase fully furnished (subject to negotiation).
• Secure rear laneway access with separate entry.
Outstanding Rental Potential
• Current Rental Return: $975 per week.
• Estimated Rental Return (leased separately):
• Studio: Approximately $510 per week.
• Two-bedroom residence: Approximately $900 per week.
An exceptional opportunity for investors seeking a high-yield, flexible asset.
Dedicated Business Space
Purpose-built for professionals
• Abundant natural light
• Full kitchen
• Powder room
• Air conditioning
• Ample storage
• Private courtyard
With an approved business sign and excellent street exposure, clients will enjoy easy access and outstanding visibility.
Additional Features
• Single lock-up garage plus visitor parking.
• Energy-efficient electric hot water system.
• Ready for solar and battery installation.
• Low body corporate fees of approximately $19.26 per week.
• Council rates: $1,438.74 (6 monthly).
• Water rates: $537.16 (quarterly).
Prime Location
Enjoy the convenience of being within walking distance to:
• Bond University.
• Local schools.
Shopping precincts.
• The lake and walking paths.
• Popular cafés and everyday amenities.
With the recent opening of Coles, the area's appeal and future growth potential continue to strengthen.
Why You'll Love It
• North-facing aspect.
• Excellent street exposure.
• Flexible live/work lifestyle.
• Strong rental returns.
• Rare SOHO zoning.
• Outstanding long-term investment potential.
Whether you're looking to live, work, invest, or all three, this unique SOHO delivers flexibility, strong returns, and a lifestyle opportunity rarely offered in today's market.
Auction
In Rooms
10th September
Robina Event Centre- 94 Laver Dr
Act quickly to secure your place in one of the area's most exciting income-generating opportunities.
Explore the area
School catchments
- Arcadia College - Varsity Lakes Temporary Facility Secondary Independent 0.24km
- Mastery Schools Australia - Varsity Lakes Campus Combined Independent 0.63km
- Mastery Schools Australia - Varsity Lakes Secondary Temporary Facility Secondary Independent 0.63km
- Varsity College Combined Prep-12 Government 0.79km
- Robina State School Primary Prep-6 Government 1.5km
- The Industry School - Gold Coast Secondary 10-12 Independent 2.0km
- Caningeraba State School Primary Prep-6 Government 2.1km
- King's Christian College Combined Prep-12 Independent 2.2km
- Gold Coast Christian College Combined Prep-12 Independent 2.5km
- Marymount Primary School Primary Prep-6 Catholic 2.8km
- Miami State School Primary Prep-6 Government 2.9km
- Marymount College Secondary 7-12 Catholic 2.9km
- Silkwood School - Robina Campus Combined Independent 3.0km
- Hillcrest Christian College Combined Prep-12 Independent 3.1km
- Robina State High School Secondary 7-12 Government 3.4km
- Miami State High School Secondary 7-12 Government 3.4km
- Clover Hill State School Primary Prep-6 Government 3.5km
- Somerset College Combined Prep-12 Independent 3.6km
- Burleigh Heads State School Primary Prep-6 Government 3.9km
- Merrimac State High School Secondary 7-12 Government 4.7km
- St Andrews Lutheran College Combined Prep-12 Independent 5.1km
- St Vincent's Primary School Primary Prep-6 Catholic 5.1km
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.
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