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63/228 Varsity Parade, Varsity Lakes, Qld 4227

$595,000

Unit

Type

Bedrooms

Bathrooms

Parkings

66 m²

Area

Last updated on Friday, August 14, 2026 ( See property details for 63/228 Varsity Parade, Varsity Lakes, Qld 4227)

$595,000

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AI Property Insight

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

A fully furnished, low-maintenance one-bedroom apartment in Varsity Lakes offering strong rental returns and resort-style amenities, ideal for investors seeking reliable income and growth potential.

🏡 Property Highlights

Exceptional investment opportunity in high-demand Varsity Lakes location
Fully furnished, turnkey apartment with immediate rental income
Strong rental returns of approximately $640 per week
Prime proximity to Bond University, attracting consistent demand
Resort-style amenities including swimming pool, gym, and BBQ area
Long-term tenant in place until June 2027, ensuring stability

✨ Key Features

Spacious bedroom with walk-in robe
Stylish bathroom with premium stone finishes
Air-conditioned for comfort in every season
Modern kitchen with quality stainless steel appliances
Private internal laundry
Fully furnished for immediate rental return
Secure car space
Lift access for added convenience
Open-Plan Living
Outdoor Area

Suburb and Property Insights of Varsity Lakes, QLD 4227

Varsity Lakes is a highly sought-after suburb on the Gold Coast, renowned for its vibrant community, excellent amenities, and proximity to Bond University. Key points include: 1) Prime location close to educational institutions, 2) Abundance of cafes, shops, and public transport, 3) Access to beautiful beaches within 10 minutes, 4) Strong rental demand from students and professionals, 5) Well-maintained parks and recreational facilities enhancing lifestyle quality.

Frequently Asked Questions

What is the current rental income and occupancy rate for this property?

The property is currently rented for approximately $640 per week with high occupancy rates maintained year-round.

Are there any additional costs or fees associated with the Body Corporate?

The approximate weekly Body Corporate fee is $135, covering maintenance and building management.

What are the zoning and planning restrictions for this property?

The property is situated in a well-established residential zone with no current planning restrictions affecting its use as an investment.

Is the property suitable for short-term holiday rentals?

Yes, the property offers flexible rental options, including short-term stays, making it suitable for holiday rentals.

Are there any upcoming developments or construction projects nearby?

There are no known major developments planned in the immediate vicinity that would impact the property’s value or lifestyle.

What to ask about this property to agent?

Are there any hidden costs or upcoming special levies from the Body Corporate? Has the property been recently renovated or inspected for structural issues? Are there any easements, zoning restrictions, or planning permits affecting the property? Is the property located in a flood or bushfire-prone area? Are there any planned developments or construction projects nearby that could affect noise or views? What are the terms of the current lease, and are there any conditions that could change occupancy or rental income? Are there any strata or community title restrictions or fees not disclosed? Is the property compliant with all building and safety regulations? Are there any ongoing maintenance issues or repairs needed? What is the history of the property's rental performance and tenant stability?

63/228 Varsity Parade, Varsity Lakes, Qld 4227 - More Details

$595,000

Currently rented for $615 per week until June 2027 and positioned in one of the Gold Coast’s most tightly held and high-demand rental pockets, this fully furnished one-bedroom apartment within the highly regarded Chancellor Executive Apartments presents an exceptional opportunity for investors seeking value and strong reliable returns. Set just moments from Bond University, this property enjoys consistent year-round demand from students, professionals, and corporate or holiday guests alike. Whether you’re looking to expand your portfolio or secure a low-maintenance, income-generating asset, this versatile apartment ticks every box. Step inside to discover a thoughtfully designed layout that combines comfort, functionality, and modern style. The generous bedroom is complemented by a walk-in robe, while the sleek bathroom showcases quality stone finishes. A contemporary kitchen fitted with stainless steel appliances flows seamlessly into the living space, enhanced by air conditioning for year-round comfort. Offered fully furnished, this is a true turnkey investment—ready to generate income from day one. Residents and guests enjoy access to an impressive suite of resort-style amenities, including a sparkling swimming pool, fully equipped gym, BBQ entertaining area, and a sophisticated executive foyer—creating an appealing lifestyle that keeps occupancy rates high. Currently rented for $615 per week until June 2027.

Property Features
• Spacious bedroom with walk-in robe
• Stylish bathroom with premium stone finishes
• Air-conditioned for comfort in every season
• Modern kitchen with quality stainless steel appliances
• Private internal laundry
• Fully furnished for immediate rental return
• Secure car space
• Lift access for added convenience

Resort-Style Amenities
• Swimming pool
• Fully equipped gymnasium
• BBQ and outdoor entertaining area
• Grand executive-style foyer

Prime Location
Enjoy the ultimate convenience of a central Varsity Lakes address:
• Easy walk to Bond University
• Walking distance to local shops, cafes, and public transport
• Just minutes to Robina Town Centre
• Only 10 minutes' drive to gold coast beaches

Investment Highlights
• Strong rental returns of approximately $640 per week
• Consistently high occupancy rates year-round
• Preferred accommodation for Bond University and conference guests
• Flexible rental options: long-term, short-term, or personal use between stays
• Long-term tenant currently in place (lease until June 2027)
• Low-maintenance asset in a blue-chip rental location
• Approx Body Corp per week $140

This is a rare opportunity to secure a high-performing investment in one of the Gold Coast’s most sought-after precincts. With strong demand, excellent returns, and lifestyle appeal, this property offers value, immediate income and long-term growth potential.

Disclaimer In preparing this information, REMAX Regency has used its best endeavours to ensure the information is true and accurate. We accept no responsibility for any errors, omissions, or misstatements. Prospective buyers should make their own enquiries to verify all details.

Type: Unit
Bedrooms: 1
Bathrooms: 1
Parkings: 1
Area: 66 m²

Map & nearby places — 63/228 Varsity Parade, Varsity Lakes, Qld 4227

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63/228 Varsity Parade, Varsity Lakes, Qld 4227

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