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39 Brier Crescent
Varsity Lakes, QLD 4227
AUCTION
Overview
DUAL ACCESS 708m2 BLOCK WITH DEVELOPMENT POTENTIAL AND ALSO A POTENTIAL DUAL OCCUPANCY
This property presents a remarkable opportunity with a large 708 square meter block featuring dual access from both Brier Crescent and Laura Place, offering significant development potential including the possibility of dual occupancy. The expansive backyard is ideal for families and pets, providing ample space for a large pool, outdoor games such as backyard cricket and soccer, and general outdoor activities.
A standout feature of the home is the balcony that extends from the open kitchen area, boasting an elevated deck equipped with an integrated barbecue and servery window. This space is perfect for entertaining guests and keeping an eye on children playing outside.
The interior of the home includes three bedrooms and a renovated bathroom, complemented by an open kitchen with abundant storage, a laundry area, and living spaces designed for comfort and functionality. Additionally, there is a large 6 by 7 meter shed with a full bathroom that has been converted into a fourth bedroom for guests and storage, which could be further developed into a full dual occupancy dwelling.
Location is a significant advantage, with the property situated just ten minutes from Burleigh Beach and close to major shopping centers such as Stockland and Robina Town Centre. It also offers easy access to the M1 motorway and is near some of the best schools in the Gold Coast area, making it an excellent choice for families.
The home is well-equipped with modern amenities including a Concord security system with four cameras, a Ring doorbell with security camera and light, air conditioning in the living areas, an 8.58 kW solar system, and a 4000-liter slimline water tank with a pump for garden irrigation. The built-in beef eater barbecue adds to the outdoor entertaining appeal.
This property represents a fantastic investment opportunity in a high-growth area that continues to develop. Its proximity to beaches, shopping, schools, and transport links enhances its appeal for both owner-occupiers and investors.
Potential rental income is estimated between $1000 and $1100 per week, with Airbnb or Stayz rental potential ranging from $200 to $550 per night depending on the season.
The property falls within the catchment zones for Caningeraba State School, Varsity College Senior School, and Bond University, providing excellent educational options nearby.
Nearby amenities and distances include a bus stop 150 meters away, local shopping centers within 5 kilometers, major shopping centers 3.8 kilometers away, primary and high schools within 2.9 and 5.5 kilometers respectively, parklands and Lake Orr within close proximity, and essential services such as hospitals and train stations within a reasonable distance.
Note that the downstairs living area, which could serve as a granny flat, is not currently registered as a separate dwelling and may require council approval for such use. Prospective buyers are advised to conduct their own inquiries to ensure compliance with local regulations.
This property is being sold by auction or without a price guide, and as such, no specific price is provided. All information is considered accurate to the best of the seller's knowledge but should be independently verified by buyers.
Location
Varsity Lakes QLD 4227
Market Insights for Varsity Lakes QLD 4227
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