2403/3 Main St, Varsity Lakes, Qld 4227

Offers Above $830,000

Unit
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Published on Monday, April 27, 2026 ( See property details for 2403/3 Main St, Varsity Lakes, Qld 4227)

Offers Above $830,000

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A versatile dual key property in Varsity Lakes offering strong rental income, modern amenities, and excellent location proximity to CBD and Bond University.

🏡 Property Highlights

  • Dual key layout with two fully self-contained residences on a single title
  • Strong rental income with combined weekly rent of $1,030
  • Leased until 2027, providing secure income stream
  • Prime location close to CBD, Bond University, and shopping amenities
  • Complex features include a large in-ground swimming pool and gym
  • Fully furnished units offering move-in readiness

✨ Key Features

  • Dual Living
  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Swimming Pool
  • Gym facilities
  • On-site laundry
  • Separate entrances for each unit
  • Waterfront / Views
  • Security Screens / Gates

Varsity Lakes is a vibrant suburb renowned for its convenient location, proximity to Bond University, and excellent amenities. Residents enjoy easy access to shopping centres, parks, and public transport, making it ideal for students, professionals, and investors alike. The area boasts a strong community vibe with modern infrastructure and recreational facilities, ensuring a high quality of life. Its strategic position between the Gold Coast and Brisbane offers excellent connectivity for commuters and leisure seekers.

What are the current lease terms and rental income for this dual key property?
The 1-bedroom unit is leased at $610 per week until January 2027, and the studio is leased at $420 per week until May 2027, providing a combined rental income of $1,030 per week.
What amenities are available within the complex?
The complex features a large in-ground swimming pool, gym facilities, and on-site laundry, offering residents convenience and leisure options.
Is the property suitable for live-in owners or purely investors?
This dual key property offers flexibility for both investors seeking strong rental returns and owner-occupiers who may wish to live in one unit while renting out the other.
What are the ongoing costs associated with the property?
The approximate weekly outgoings include $115 for body corporate fees, $33 for water, and annual council rates of approximately $2,800.
How close is the property to local amenities and transport?
The property is approximately 800 metres from the CBD, 700 metres from Bond University, adjacent to Coles shopping, with a bus stop directly across the road for easy access to public transport.
Are there any upcoming or planned developments in the area that could affect the property's value or noise levels? Are there any restrictions or easements on the property that could impact future renovations or use? What are the strata or body corporate rules and any additional fees not listed? Is there any history of flooding or bushfire risk in the area? Are there any known defects or maintenance issues with the units or complex? What are the zoning regulations and potential for future development or subdivision? Are there any planned changes to local infrastructure or public transport that could influence the property? Is the property compliant with all building and safety standards, including fire safety and accessibility? Are there any restrictions on leasing or sub-leasing the units? What are the long-term capital growth prospects for the Varsity Lakes area?

2403/3 Main St, Varsity Lakes, Qld 4227 - More Details

Offers Above $830,000

Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
1

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