61/5 Greenlands Drive, Varsity Lakes, Qld 4227

$980,000

Villa
Type
2
Bedrooms
1
Bathrooms
2
Parkings
247 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 61/5 Greenlands Drive, Varsity Lakes, Qld 4227)

$980,000

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 updated, low-maintenance villa in a sought-after Varsity Lakes complex, offering modern living and excellent amenities.

🏡 Property Highlights

  • Modern, freshly updated villa with stylish finishes throughout
  • Private, low-maintenance, fully fenced yard with undercover entertaining areas
  • Excellent complex amenities including in-ground swimming pool and tennis court
  • Prime location adjacent to Frascott Park with direct access to outdoor recreation areas
  • Well-maintained complex with gated entry and ample visitor parking
  • Ideal for first home buyers, downsizers, or investors seeking a low-maintenance lifestyle

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • Shed
  • Pet-Friendly
  • Garage / Secure Parking

Varsity Lakes is a vibrant, master-planned community renowned for its scenic Lake Orr, expansive parklands, and strong community spirit. It offers excellent infrastructure including shopping centres, top schools, and Bond University. Residents enjoy a range of recreational facilities, outdoor fitness zones, and easy access to beaches and major transport links, making it an ideal location for families, students, and professionals alike.

What are the key features of this villa?
This villa features two large air-conditioned bedrooms with built-in robes, a renovated kitchen with stone benchtops and dishwasher, a modern bathroom, split system air conditioning, and private outdoor entertaining areas.
Is the property suitable for investment purposes?
Yes, with an estimated rental return of $770 to $830 per week, this property is an excellent investment opportunity in a well-maintained complex with amenities like a pool and tennis court.
What amenities are available within the complex?
Residents enjoy access to an in-ground swimming pool, tennis court, visitor parking, green open spaces, and direct access to Frascott Park's dog-friendly areas and outdoor gym equipment.
How is the location advantageous?
Located just 10 minutes from the beach, Varsity Lakes offers excellent connectivity via the train station, proximity to shopping centres, top schools, and recreational facilities, making it ideal for a balanced lifestyle.
What maintenance considerations are there?
The property features low-maintenance grounds, hybrid flooring, and a fully fenced yard, making it easy to care for and perfect for busy lifestyles.
Are there any upcoming body corporate fee increases or special levies planned? Has the property been inspected for any structural issues or pests? Are there any restrictions or approvals needed for pet ownership within the complex? Is there any planned development or construction nearby that could impact the property? What are the zoning and easement details affecting the property? Are there any flood or bushfire risks associated with the location? Are there any ongoing or upcoming maintenance costs for the complex's shared amenities? Is the property compliant with all building and safety regulations? Are there any restrictions on short-term rentals or Airbnb use? What are the terms and conditions for the gated complex's access and security?

61/5 Greenlands Drive, Varsity Lakes, Qld 4227 - More Details

$980,000

Step inside and be pleasantly surprised, this beautifully updated home offers a fresh, modern feel with all the hard work already done. Perfectly suited for first home buyers, downsizers or investors, it presents an easy-care lifestyle with stylish finishes throughout and nothing left to do but move in and enjoy.

The home features two generous, air-conditioned bedrooms with built-in robes, new carpet and fans, complemented by fresh paint throughout. The open plan living area is light-filled and inviting, complete with easy-care hybrid flooring, tinted windows for added privacy, and split system air conditioning for year-round comfort. At the heart of the home is a renovated kitchen with stone benchtops and dishwasher, flowing seamlessly into the living space, while the separate modern bathroom and dedicated laundry add to the functionality.

Outdoors, you'll love the private and low-maintenance setting, with undercover entertaining areas at both the front and rear - perfect for relaxing or hosting. The fully fenced colourbond yard offers privacy and security, with a gated entrance, standalone automatic garage and additional off-street parking.

Set within a well-maintained complex, residents enjoy access to fantastic amenities including an in-ground swimming pool, tennis court, visitor parking and open green spaces. Positioned right next to Frascott Park, you'll also have direct access to off-leash dog areas, playgrounds and outdoor gym equipment - adding even more lifestyle appeal to this already impressive home.

BOASTING HOME ATTRIBUTES
• 2 large airconditioned bedrooms with built-in robes & tinted windows
• Newly carpeted bedrooms with new fans
• Freshly painted throughout
• Open plan living area with easy-care hybrid flooring
• Tinted front living area windows
• Split system reverse cycle air conditioning in living area
• Renovated open plan kitchen with stone benchtop and dishwasher
• Separate ultra modern bathroom with bath
• Separate laundry, with storage
• New Hot water system
• Undercover entertaining areas front and back
• Fully fenced colourbond private yard
• Low maintenance grounds surrounding the home
• Private entrance into the home through a gate
• Single auto standalone garage & extra off-street parking


COMPLEX OFFERS
• Well maintained garden areas
• Plenty of visitor parking bays
• In ground swimming pool
• Tennis court
• Picnic tables & large open green areas
• Conveniently located adjacent to Frascott Patk. Residents can obtain a key for direct access to off leash dog friendly areas, gym equipment, large children's playground.
• Modest BC $3,353.20 PA, approx, this includes a 15% discount if paid on time
• Water meter shared $ P1,437.78 PA approximately
• Rates $2,292.34 PA approximately
• Pet friendly subject to body corporate approval
• Gated complex of 84 in Currawong heights estate
• Built in 1990
• Rental appraisal $770pw - $830pw approximately


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
Villa
Bedrooms
2
Bathrooms
1
Parkings
2
Area
247 m²

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