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149 Varsity Parade, Varsity Lakes, QLD 4227, 2 Bedrooms, 1 Bathrooms, Townhouse
Sun Feb 2 11:00-11:30
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Auction20/02, Thursday 14:00

149 Varsity Parade, Varsity Lakes, QLD 4227

2
1
1
TownhouseListed Two Days Ago
Estimated price

Varsity Lakes 2 Bedroom Triple Income Earner in High-Profile Location

Don't miss this rare investment opportunity in a high-demand location! Offering multiple income streams, this versatile property is perfect for work-from-home professionals or savvy investors looking to lease out fully self-contained living spaces.

Key Features:

? Dual Occupancy Property: Comprising a studio, a 1-bedroom unit, and a dedicated business space.

Studio Space: Includes a kitchenette, bathroom, living and bedroom area, plus laundry facilities.

1 Bedroom Unit: Features a kitchen, living/dining area, bathroom, laundry facilities, and a spacious bedroom.

- Both spaces are air-conditioned with ceiling fans, and the property can be fully furnished upon negotiation. It also offers secure, separate rear street access via a laneway.

- Estimated Rental Return: $450 per week per studio, making this an excellent high-yield investment opportunity.

? Dedicated Business Space:

- Designed with partitioned office nooks and plenty of natural light.

- Includes a full kitchen, powder room, air conditioning, ample storage, and a private courtyard.

- Security system and street signage approval provide great visibility and convenient access for clients.

Additional Features:

? Single Garage + Visitor Parking: Convenient for both residents and clients.

? Solar System & Electric Hot Water: Energy-efficient utilities to save on costs.

? Low Body Corporate Fees: Approximately $20 per week, leaving more cash in your pocket to enhance your investment.

Location Highlights:

? Walking Distance to Local Amenities: Enjoy the convenience of being close to the lake, shops, and a popular local caf?.

? Future Growth Potential: A Coles supermarket is set to be built nearby, further boosting the area's appeal.

Whether you choose to live, work, or lease, this property's flexible layout and prime location offer endless potential for a profitable lifestyle.

Auction Sale. Act now and secure your slice of this high-profile, income-generating opportunity!

Auction- In Rooms 20th February Robina Event Centre

Location

Auction

Feb20
Thursday03:00

Open homes

Feb02
Sunday00:00 - 00:30

Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Varsity College
0.80 km
Combined
Prep-12
Government
icsea: 1064

Property history

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Varsity Lakes surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
10 Lonsdale Place, Varsity Lakes
0.08 km
3
3
-m2
Year 2024 Month 11 Day 04
$1,162,700
Council approved
4/22 Tourangeau Crescent, Varsity Lakes
0.04 km
3
2
-m2
Year 2024 Month 10 Day 10
-
Council approved
264/33 Lakefront Crescent, Varsity Lakes
0.10 km
2
1
-m2
Year 2024 Month 10 Day 05
$633,500
Council approved
143 Varsity Parade, Varsity Lakes
0.02 km
4
3
326m2
Year 2024 Month 08 Day 22
$1,205,000
Council approved
4/20 Tourangeau Crescent, Varsity Lakes
0.07 km
3
3
-m2
Year 2024 Month 08 Day 12
-
Council approved

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Ref:L29177067Last update:2025-01-30 11:20:36