4/2 Palma Crescent, Varsity Lakes, Qld 4227

For Sale

Townhouse
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Friday, June 12, 2026 ( See property details for 4/2 Palma Crescent, Varsity Lakes, Qld 4227)

For Sale

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

A low-maintenance, well-located townhouse in Varsity Lakes offering comfort, security, and excellent investment potential.

🏡 Property Highlights

  • Low-maintenance townhouse in a sought-after Varsity Lakes location
  • Secure garage with internal access, currently used as a second bedroom
  • Open-plan living and dining area for versatile lifestyle options
  • Private courtyard ideal for outdoor relaxation
  • Close to schools, shops, parks, and public transport
  • Tenanted until August 2025 with strong rental income potential

✨ Key Features

  • Built-in Robes
  • Garage
  • Outdoor Area
  • Open-Plan Living
  • Security Screens / Gates
  • Internal Laundry
  • Pet-Friendly
  • Waterfront / Views
  • Low-Maintenance Yard
  • Ceiling Fans

Varsity Lakes is a vibrant suburb renowned for its family-friendly atmosphere, excellent schools including Varsity College and Bond University, and convenient access to beaches, parks, and public transport. The area offers a mix of modern homes and recreational facilities, making it ideal for both families and investors seeking a thriving community with a relaxed lifestyle.

What is the layout of the townhouse and how is the space utilized?
The townhouse features a spacious open-plan living and dining area, a functional kitchen with ample storage, and a large bedroom with a built-in wardrobe. The secure garage is currently used as a second bedroom, providing flexible space options.
What are the key features that make this property low-maintenance?
The property has a low-maintenance design with a small private courtyard, minimal garden upkeep, and practical features such as ceiling fans and security screens to enhance comfort and security.
Is the property suitable for investment purposes?
Yes, the property is tenanted until August 2025 with a rental income of $540 per week, and has a rental appraisal of $600 - $639 per week, making it an attractive investment opportunity.
What amenities and facilities are nearby?
The townhouse is close to Varsity Lakes CBD, cafes, shops, parks, walking tracks, and public transport including Varsity Lakes Train Station. It is also a short drive to Burleigh Beach and major shopping centres like Robina Town Centre.
Are there any community or strata fees associated with this property?
The property is part of a boutique complex, but specific strata or community fees are not detailed in the provided information. Prospective buyers should inquire directly for this information.
Are there any upcoming plans for development or construction in the surrounding area that could affect the property? What are the total ongoing costs, including strata fees, council rates, and insurance? Are there any known issues or defects with the property, such as structural concerns or pest problems? Is the property compliant with all local zoning and building regulations? Are there any easements, covenants, or restrictions affecting the property? What is the history of the property's maintenance and any recent renovations? Are there any flood or bushfire risks in the area? Is the current tenancy agreement compliant with all relevant laws, and are there any upcoming lease changes? Are there any planned infrastructure projects or developments nearby that could impact the property? What are the terms of the current tenancy, and are there any restrictions on future sale or occupancy?

4/2 Palma Crescent, Varsity Lakes, Qld 4227 - More Details

For Sale

Type
Townhouse
Bedrooms
1
Bathrooms
1
Parkings
1

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