14 Tracey Crescent, Varsity Lakes, Qld 4227

Presenting All Offers!

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
769 m²
Area

Last updated on Wednesday, September 02, 2026 ( See property details for 14 Tracey Crescent, Varsity Lakes, Qld 4227)

Presenting All Offers!

Chris Shields Sales & Marketing Consultant
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully maintained waterfront family home in Varsity Lakes offering spacious living, energy efficiency, and strong investment potential.

🏡 Property Highlights

  • Premium waterfront position on a spacious 769sqm block
  • Well-maintained family home with strong long-term tenancy
  • Energy-efficient with a 7.5kW solar system installed
  • Open plan tiled kitchen and dining area flowing to outdoor entertaining
  • Large grassed yard with water outlook and undercover patio
  • Quiet, private street in a highly sought-after location

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Built-in Robes
  • Air Conditioning
  • Ceiling Fans
  • Ensuite
  • Home Office / Study Nook
  • Shed
  • Solar Panels

Varsity Lakes is a vibrant, master-planned community renowned for its scenic Lake Orr, expansive parklands, and top-tier schools including Bond University. The area boasts excellent infrastructure with shopping centres, medical facilities, and transport links, making it ideal for families and professionals seeking a balanced lifestyle. Residents enjoy a strong sense of community, outdoor recreation, and a peaceful environment close to the beach, all within a highly desirable suburb.

What are the key features of this waterfront family home?
This property features a spacious open-plan kitchen and dining area, large grassed yard with water views, four bedrooms with ceiling fans including a master with ensuite, a large undercover outdoor patio, and energy-efficient solar panels.
Is the property suitable for long-term tenants?
Yes, the home is currently leased to reliable long-term tenants who treat the property as their own, making it an excellent set-and-forget investment.
What is the condition of the property?
The property is well-maintained, with modern features including a solar system, air conditioning, and a spacious, functional layout.
What are the nearby amenities and facilities?
The property is close to Lake Orr, parks, top schools including Bond University, shopping centres like Treetops and Christine Corner, medical facilities, and the Varsity Lakes train station.
What is the potential rental income?
The current rent is $820 per week, with potential rent appraisal estimates between $1,000 and $1,100 per week.
Are there any upcoming council or infrastructure projects in the area that could affect the property value or living environment? Has the property been inspected for any structural issues or water damage, especially given its waterfront location? Are there any easements, zoning restrictions, or planning overlays that could impact future development or renovations? What are the details of the current lease agreement, and are there any conditions that could change the rental income? Is the property compliant with all local building codes and regulations, particularly for the outdoor structures and water access?

14 Tracey Crescent, Varsity Lakes, Qld 4227 - More Details

Presenting All Offers!

Perfectly positioned on a generous 769sqm parcel in a tightly held, waterfront pocket, this well-maintained family home presents an exceptional opportunity for investors seeking long-term stability in a premium location. Held as a successful investment since new by overseas owners, the property has been much loved and carefully maintained, now offered to the market due to changing circumstances.

Currently leased to long-term tenants who treat the home as their own, this is a true set-and-forget investment with strong rental appeal. The home is energy efficient with a 7.5kw solar system already in place, adding further value and reducing ongoing running costs.

Inside, the layout offers excellent separation of space. A light-filled open plan tiled kitchen and dining area is air-conditioned and flows seamlessly to the outdoor entertaining space, perfectly positioned to capture the outlook across the yard. A large formal lounge provides a second living zone, carpeted with a ceiling fan, alongside a further study nook ideal for working from home or additional flexibility.

Accommodation includes four well-sized bedrooms, all with fans, including a master bedroom complete with ensuite. Outdoors, the undercover patio overlooks the water and flows onto a very large grassed yard - one of the standout features of this home and rarely found at this price point.

Privately positioned in a quiet, established street, this is a solid investment in a high-demand location with strong long-term fundamentals and reliable tenancy already in place.

PROPERTY FEATURES

• Premium water position on a generous 769sqm block
• Strong investment property with long-term overseas ownership
• Currently tenanted with reliable long-term tenants in place
• Energy efficient with 7.5kW solar system installed
• Open plan tiled kitchen and dining area with air conditioning
• Kitchen and dining flow seamlessly to outdoor entertaining area
• Large formal lounge room with carpet, ceiling fan and additional study nook
• Four well-sized bedrooms, all with ceiling fans
• Master bedroom includes private ensuite and walk in robe
• Large undercover outdoor patio overlooking water and large grassed yard
• Private, quiet street in a tightly held location
• Rent $820pw with lease until 30/01/27
• Potential rent appraisal $1,000 to $1,100 pw
• Water Rates $2,049 (approx.)
• Council Rates $3,867.22 (approx.)

VARSITY LAKES:
Just 10 minutes drive to the beach, Varsity Lakes is a master-planned community designed around scenic Lake Orr. Families are drawn here for it's strong sense of community, expansive parklands and standout local schools and world famous Bond University.

The area offers fantastic infrastructure including shopping hubs like Treetops Shopping Centre and Christine Corner, plus major medical and transport access via Varsity Lakes Train Station. Residents also enjoy standout recreation, with top-tier sporting facilities and outdoor fitness zones.

Whether it's lifestyle, education or connectivity you value, Varsity Lakes has it all.

Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
769 m²
House Size
201 m²

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