63/228 Varsity Parade, Varsity Lakes, Qld 4227

Offers over $599,000

Unit
Type
1
Bedrooms
1
Bathrooms
1
Parkings
66 m²
Area

Published on Wednesday, April 22, 2026 ( See property details for 63/228 Varsity Parade, Varsity Lakes, Qld 4227)

Offers over $599,000

  • 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

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.

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.
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

Offers over $599,000

Type
Unit
Bedrooms
1
Bathrooms
1
Parkings
1
Area
66 m²

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