1/9 Magenta Drive, Varsity Lakes, Qld 4227

SUBMIT ALL OFFERS BY 29TH APRIL - MUST BE SOLD

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 1/9 Magenta Drive, Varsity Lakes, Qld 4227)

SUBMIT ALL OFFERS BY 29TH APRIL - MUST BE SOLD

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

A well-maintained, versatile townhouse in a high-growth area offering excellent rental income potential and lifestyle amenities near Lake Orr and top schools.

🏡 Property Highlights

  • Potential dual occupancy with large master bedroom and separate access
  • Renovated bathrooms and well-maintained interiors
  • Huge double garage with additional off-street parking for 4 cars
  • Excellent rental potential including Airbnb/Stayz options
  • Prime location near Lake Orr, schools, Bond University, and beaches
  • 5kW solar system for energy efficiency

✨ Key Features

  • Air Conditioning
  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Ceiling Fans

Varsity Lakes offers a vibrant lifestyle with its picturesque Lake Orr, extensive parklands, and water-based activities. The suburb boasts excellent schools, convenient shopping options, and easy access to major transport routes. Its family-friendly environment and high growth potential make it a highly desirable location for both investors and residents. Proximity to beaches, university campuses, and commercial hubs further enhances its appeal.

What is the current condition of the bathrooms and kitchen?
The bathrooms have been recently renovated, ensuring modern fixtures and finishes, while the kitchen offers a functional layout with quality appliances.
Is the property suitable for dual occupancy or rental income?
Yes, the large master bedroom with separate access makes it ideal for dual occupancy, and the property has strong rental and Airbnb potential.
What are the energy efficiency features of the home?
The property includes a 5kW solar system, which helps reduce energy costs and supports sustainable living.
How close is the property to local amenities and transport?
The property is within walking distance to schools, parks, bus stops, and is just a short drive to major shopping centres, beaches, and the M1 Motorway.
What outdoor entertaining options does the property offer?
The home features a cosy outdoor entertaining area flowing from the living space, perfect for relaxing or hosting gatherings.
Are there any upcoming planning or development applications in the area that could affect the property’s value or lifestyle? What are the strata or body corporate fees and regulations, if applicable? Are there any known issues with the property’s structure, plumbing, or electrical systems? Is the property located in a flood or bushfire-prone zone? Are there any easements, covenants, or zoning restrictions that could impact future renovations or use?

1/9 Magenta Drive, Varsity Lakes, Qld 4227 - More Details

SUBMIT ALL OFFERS BY 29TH APRIL - MUST BE SOLD

I love options and well, this 4 bedroom, 2 bathroom townhouse really allows you to grow into the home or utilise it to create some extra $$'s .
Let me explain….

There are two over-sized bedrooms, both with views, one having a big balcony with stunning views, and the other with a renovated ensuite, room for a couch, views and with a completely separate access on the side, which allows you to have someone rent the space, whilst you live in the rest of the house. With Bond University down the road, a nice quiet student prepared to pay some big dollars to fund your mortgage and financial growth doesn't sound so bad….does it?

There are also two more bedrooms upstairs and a renovated bathroom to round out upstairs.
Downstairs, a nice living, dining and kitchen area, as well as laundry, oversized double garage (with storage) and a powder room complete the internal area of the home, perfectly complimented by nice high ceilings. There's a fantastic indoor/outdoor feel, with the outside entertaining area flowing straight from the living area and really allowing you to enjoy entertaining or just lazing, only meters from the kitchen. On top of that and to round out the home itself, there is room for 4 extra cars with off street parking on the driveway and a 5kw solar system.

The street is quiet and in a cul-de-sac, meaning no through traffic and safety for kids.
Just a short walk away is a big surprise. Lake Orr is so understated and really offers locals a lifestyle that neighbouring suburbs can't. Bike riding, sunset walks on water, morning jogging routes, picnic areas and parks to hold parties.

Burleigh Heads and Beach, Robina Town Centre, Bond University, The M1 Motorway are within minutes by car and Varsity Colleges (primary and high schools) are minutes on foot or push bike. Oh yeah, and there's a behemoth Coles just near too! (plus a bus stop up the top of the hill, a park nearby for kids and dogs, some funky restaurants a short walk away……..I really could go on but you'll never stop reading …I'll tell you in person ;)

I genuinely love this home and the lifestyle it has to offer, so Contact me on 0475 046 561.


Highlights:

• 4 bedroom/2 bathroom townhouse with huge double garage
• Potential dual occupancy with large master with own access on the side
• Renovated bathrooms
• Great rental potential
• 4 car off street parking
• Air Conditioning
• 5kw solar
• Cosy outdoor entertaining close to kitchen
• A complex of only 4 townhouses
• Fantastic investment in a high growth area
• Very well maintained
• Minutes to Lake Orr, Varsity College Primary and Senior Schools, Bond University, the M1 Motorway, Robina Hospital, Robina Town Centre, parks, bus stops and Burleigh Beach!



POTENTIAL INCOME:
Rental potential: $1000 - $1100 per week (approx)
Rental potential - potential dual dwelling: $400 -$450 per week (approx)
Airbnb/Stayz: $200-$550 per night (entire home - depending on season)
Airbnb/Stayz: $120-$220 per night ( potential dual occupancy - depending on season)


SCHOOL CATCHMENT ZONE:

Varsity College Primary School
Varsity College Senior School
Bond University
Hillcrest College
Somerset College
Kings College

DISTANCES:

Bus Stop - 50 m
Local Shopping Centre - 250 m
Major Shopping Centre - 3.3 km

Primary School - 750 m
High School - 1.2 km
Parkland/Waterfront - 100 m

Highway - 6.3 km
Train Station - 3.9 km
Beach - 7.8 km


DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate; however, accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2

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