122 Varsity Parade, Varsity Lakes, Qld 4227

Auction

Duplex Semi-detached
Type
3
Bedrooms
2
Bathrooms
2
Parkings
195 m²
Area

Last updated on Friday, August 21, 2026 ( See property details for 122 Varsity Parade, Varsity Lakes, Qld 4227)

Auction

Jon Paul LICENSED REAL ESTATE AGENT
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile live/work duplex with exceptional street exposure, modern amenities, and flexible zoning in the highly sought-after Varsity Lakes precinct.

🏡 Property Highlights

  • Rare SOHO zoning offering flexible residential and commercial use
  • Outstanding street exposure with excellent business visibility
  • Versatile property suitable for live, work, and investment purposes
  • Prime location within walking distance to Bond University and local amenities
  • Strong projected rental return of approximately $1,060-$1,150 per week
  • Dual street access and secure rear parking for convenience and privacy

✨ Key Features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Ceiling Fans
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Water tank
  • Full-sized kitchen with generous storage
  • Converted garage as additional living or workspace

Varsity Lakes is a vibrant suburb renowned for its scenic lakeside walking paths, excellent educational institutions including Bond University, and a thriving community with diverse dining and shopping options. Its strategic location offers easy access to major transport links, making it ideal for professionals and families seeking a balanced lifestyle. The area continues to experience growth, attracting investors and residents alike with its high-quality amenities and relaxed atmosphere.

Can I operate my own business from this property?
Yes, the property’s SOHO zoning allows for a range of professional and commercial uses, making it ideal for establishing or expanding your business.
What are the current lease terms and rental income?
The property is currently leased on a periodic tenancy with a projected rental return of approximately $1,060-$1,150 per week.
Is there potential for future growth or development in the area?
Yes, Varsity Lakes is experiencing ongoing growth with increasing demand for live/work properties, offering strong investment potential.
What amenities are nearby?
The property is within walking distance to Bond University, local schools, shopping precincts including Coles, scenic lakeside walking paths, cafes, restaurants, and other amenities.
Are there any restrictions or special considerations for this property?
The property’s dual street access and flexible zoning provide versatile use options; however, prospective buyers should verify local planning regulations and any specific covenants.
Are there any additional costs or strata fees associated with the property? Has the property been recently renovated or does it require maintenance? Are there any zoning restrictions or future planning developments that could impact the property? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? What are the terms of the current lease, and is there potential for rent increase or renewal? Are there any easements, covenants, or planning overlays affecting the property? Is the property compliant with all local building codes and regulations? Are there any upcoming construction or development projects nearby that could affect the property’s value or livability?

122 Varsity Parade, Varsity Lakes, Qld 4227 - More Details

Auction

Auction in-rooms Thursday 27th August 2pm | Robina Events Centre, Level 2 - 94 Laver Drive

Position your business where it will be seen while enjoying the convenience of living just steps away. This versatile SOHO property is perfectly designed for professionals seeking the ideal work-from-home lifestyle, offering exceptional street exposure and a beautifully appointed three-bedroom residence.

Whether you're a health professional, beauty therapist, medical practitioner, consultant, or investor, this unique property offers outstanding flexibility and long-term value.

The current tenants have successfully established and operated their business from the premises and would love to stay. Alternatively, this is your chance to launch your own business in a highly visible location.

Currently leased on a periodic tenancy, the property offers a projected rental return of approximately $1,060-$1,150 per week.

The Main Residence
Designed with comfort, privacy and natural light in mind, the home features:
• Three spacious bedrooms
• Three bathrooms
• Two-car accommodation
• Light-filled open-plan living areas
• Full-sized kitchen with generous storage
• Separate air-conditioned living area
• Ceiling fans throughout
• Private central courtyard with a light-operated Vergola, perfect for entertaining or gardening enthusiasts
• Balcony retreat off the master bedroom featuring an ensuite with a luxurious corner spa
• Secure lock-up carport
• Intercom system
• Quiet rear access and parking via Lonsdale Place
• Converted single garage, ideal as a media room, games room, home gym or additional office space

Professional Business Premises
Currently operating as Beautiful Nails & Bourgeous Beauty, the commercial space is beautifully presented and suitable for a wide range of professional uses, including:
• Health and medical consulting
• Beauty and cosmetic services
• Allied health
• Professional offices
• Wellness and lifestyle businesses

Features include:
• Bright, light-filled interiors
• Air conditioning throughout
• Spacious reception and consulting areas
• Combined nail and beauty studio
• Generous office space
• Welcoming front porch with pergola
• Excellent street exposure for maximum business visibility

Property Highlights
• Rare SOHO zoning offering flexible residential and commercial use.
• Dual street access for convenience and privacy.
• North-facing aspect.
• Excellent street frontage and business exposure.
• Secure rear access from Lonsdale Place.
• Central courtyard with automated Vergola.
• Strong rental returns and excellent investment potential.
• Ideal live/work lifestyle with future growth opportunities.

Exceptional Location
Enjoy the convenience of being within walking distance to:
• Bond University.
• Local schools.
• Shopping precincts, including the newly opened Coles.
• The lake and scenic walking paths.
• Popular cafe's, restaurants and everyday amenities.
• Outstanding Italian dining and local coffee favourites.
With continued growth in the surrounding area and increasing demand for flexible SOHO properties, this location continues to go from strength to strength.

A Rare Opportunity
Whether you're looking to establish your own business, secure a high-performing investment, or enjoy the convenience of living and working from the same address, this unique property offers flexibility, strong returns and an enviable lifestyle.

Properties with this combination of premium street exposure, versatile commercial space and quality residential accommodation are exceptionally rare.

Don't miss your opportunity to secure one of the area's most exciting live, work and invest opportunities.

Open to all offers prior!


Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. The website may have filtered the property into a price bracket for website functionality purposes.
Type
Duplex Semi-detached
Bedrooms
3
Bathrooms
2
Parkings
2
Area
195 m²

Auctions

  • 122 Varsity Parade, Varsity Lakes, Qld 4227

    Thursday 27 August
    2:00 pm
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