2/28 Castello Circuit, Varsity Lakes, Qld 4227

$975,000

Apartment
Type
3
Bedrooms
2
Bathrooms
2
Parkings

Published on Monday, October 19, 2026 ( See property details for 2/28 Castello Circuit, Varsity Lakes, Qld 4227)

$975,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

This beautifully appointed lakeside apartment in Azzura Eco Resort offers spacious living, resort-style facilities, and excellent investment potential in Varsity Lakes.

🏡 Property Highlights

  • Lakeside apartment with tranquil water and bushland views
  • Resort-style amenities including a 14-metre swimming pool and BBQ gazebos
  • Spacious three-bedroom layout with a versatile study
  • Secure underground parking and intercom access
  • Immediate rental income with established tenancy until July 2027
  • Prime location within the sought-after Varsity Lakes community

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Built-in Robes
  • Air Conditioning
  • Secure Parking
  • Outdoor Area
  • Waterfront / Views
  • Ensuite
  • Internal Laundry
  • Pet-Friendly

Varsity Lakes is a highly sought-after suburb on the Gold Coast, renowned for its scenic lakeside setting, excellent schools, and convenient access to beaches, shopping, and transport. The area offers a relaxed lifestyle with abundant outdoor activities, making it ideal for families, professionals, and investors alike. Its vibrant community and proximity to amenities ensure ongoing growth and appeal.

What are the key features of this apartment?
This apartment features three bedrooms plus a study, an ensuite in the master bedroom, open-plan living and dining areas, a private balcony with lake and bushland views, a modern kitchen with stone benchtops and stainless steel appliances, air conditioning, internal laundry, secure underground parking, and access to resort-style amenities.
What amenities are available within Azzura Eco Resort?
Residents enjoy access to a 14-metre swimming pool, BBQ gazebos, landscaped lawns, and scenic lakeside walking paths, providing a relaxed and resort-style lifestyle.
Is the property currently rented?
Yes, the property has an established tenancy with rental income of $790 per week, secured until 13 July 2027.
What is the location like in terms of schools and transport?
The apartment is within the highly desirable Varsity College catchment, close to Bond University, Varsity Lakes Train Station, shopping centres, cafes, and beaches, offering excellent convenience for families and professionals.
What are the ongoing costs associated with the property?
Annual body corporate fees are approximately $8,908.58, with council rates of $1,583.11 for half the year, and water charges of $448.01 for a recent period.
Are there any upcoming planned developments or construction projects in the vicinity that could affect the property’s value or living environment? Are there any restrictions or easements on the property that could impact future renovations or use? Has the property been inspected for structural issues or defects? Are there any strata or body corporate special levies planned or outstanding? What are the flood or bushfire risks associated with this location? Is there any history of flooding or environmental hazards in the area? Are there any noise or nuisance issues from nearby roads, facilities, or neighbours? What are the terms of the current lease, and are there any restrictions on future leasing or owner-occupancy? Are there any restrictions on pet ownership within the complex? Is the property compliant with all local building codes and regulations, including any recent upgrades or renovations?

2/28 Castello Circuit, Varsity Lakes, Qld 4227 - More Details

$975,000

# Spacious Lakeside Living with Resort-Style Luxury | Azzura Eco Resort

**2/28 Castello Circuit, Varsity Lakes QLD 4227**

Welcome to Azzura Eco Resort, where peaceful lakeside surroundings, generous living spaces and resort-style facilities combine to create an exceptional lifestyle opportunity in the heart of Varsity Lakes.

Perfectly positioned alongside native bushland and overlooking the tranquil waters of Azzurra Island, this beautifully appointed three-bedroom apartment plus study offers the ideal balance of space, comfort and convenience.

Whether you're searching for a quality investment with an established rental return or planning your future home in one of the Gold Coast's most convenient locations, this is an opportunity not to be missed.

Designed with space and practicality in mind, the thoughtfully considered floor plan features three generously proportioned bedrooms, including a master suite complete with its own private ensuite. An additional study provides excellent flexibility for those working from home or requiring extra accommodation for guests.

The heart of the home is the spacious open-plan living and dining area, flowing seamlessly onto a generous private balcony. Surrounded by natural beauty, it's the perfect setting to enjoy your morning coffee, entertain family and friends or simply unwind while taking in the peaceful lake and bushland outlook.

The well-appointed kitchen features stone benchtops, stainless steel appliances and ample storage, while air conditioning, quality window furnishings, a separate laundry and secure underground parking provide everyday comfort and convenience.

## Property Highlights

- Three generously sized bedrooms plus a versatile study
- Master bedroom complete with private ensuite
- Spacious open-plan living and dining areas
- Generous private balcony with tranquil lake and bushland outlooks
- Modern kitchen featuring stone benchtops and stainless steel appliances
- Air conditioning and quality window furnishings
- Separate internal laundry
- Secure underground parking and intercom access
- Positioned within the sought-after Azzura Eco Resort community
- Established tenancy providing immediate investment income

## Resort-Style Living at Your Doorstep

Enjoy the lifestyle benefits of living within Azzura Eco Resort, where beautifully maintained grounds and impressive communal facilities create a peaceful retreat from everyday life.

Residents enjoy access to a 14-metre swimming pool, BBQ gazebos and landscaped lawn areas, perfect for relaxing, entertaining or enjoying the Gold Coast sunshine.

With scenic lakeside walking paths nearby, you'll have endless opportunities to enjoy the outdoors, all surrounded by the natural beauty that makes this location so special.

## Education, Lifestyle & Convenience

Positioned in the sought-after Varsity Lakes community, the apartment offers convenient access to quality public and private schools, Bond University and excellent everyday amenities.

The property is identified as being within the highly desirable Varsity College primary and secondary school catchment, making it particularly appealing to families planning for the future.

Nearby education options include:

- Varsity College Primary Campus
- Varsity College Secondary Campus
- Bond University
- King's Christian College
- Hillcrest Christian College

Beyond education, residents will appreciate easy access to Varsity Lakes Train Station, Robina Town Centre, Cbus Super Stadium, local cafes, shopping precincts, beautiful Gold Coast beaches and scenic walking tracks.

With schools, transport, shopping and recreational facilities all within easy reach, this is a location that continues to attract families, professionals and investors alike.

## Investment & Property Information

An outstanding opportunity for investors seeking an established rental return in a desirable Gold Coast location.

- Current rental income: $790 per week
- Annual rental income: $41,080
- Lease secured until 13 July 2027
- Council rates: $1,583.11 for 1 July to 31 December 2026
- Water charges: $448.01 for 7 March to 9 June 2026
- Body corporate fees: Approximately $8,908.58 per annum with the applicable 20% on-time payment discount
- Body corporate sinking fund balance: $327,099.49 as at 15 September 2026

Financial information is based on the supplied disclosure documents and rental records and is subject to change.

## An Opportunity Not to Be Missed

Combining generous living spaces, tranquil natural surroundings, resort-style facilities and convenient access to the highly regarded Varsity College campuses, this apartment presents an exceptional opportunity in the heart of Varsity Lakes.

For investors, the established tenancy provides immediate rental income, while future owner-occupiers can look forward to enjoying a relaxed lakeside lifestyle in a well-maintained residential community.

Don't miss your opportunity to secure this exceptional apartment.

Contact Frank and Amie from Team Kasikci at Ray White Robina for further information or to arrange your private inspection.

*Let's Be Frank… Results Matter.*

**Disclaimer:** Every effort has been made to ensure the accuracy of the information provided. Prospective purchasers are encouraged to conduct their own independent enquiries and investigations. All figures, measurements, distances, rental information and outgoings are approximate or based on information supplied and may be subject to change. School catchment boundaries and enrolment eligibility should be independently verified with the Queensland Department of Education. Any price bracket displayed on property websites may be for search functionality purposes only.
Type
Apartment
Bedrooms
3
Bathrooms
2
Parkings
2
Study
1
House Size
151 m²

Inspections times

  • Inspection Sat 24 Oct 9:00 am

    Saturday 24 October
    9:00 am - 9:30 am

Map & nearby places — 2/28 Castello Circuit, Varsity Lakes, Qld 4227

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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