1/3 Winton Terrace
Varsity Lakes, QLD 4227

Overview

Duplex Living in Prime Varsity Lakes Position - NO BODY CORP!!

This spacious four-bedroom duplex is located in a prime, tightly held dress-circle pocket of Varsity Lakes, offering a rare opportunity to enjoy low-maintenance living with no body corporate fees. Situated in a quiet cul-de-sac, the property provides a comfortable and practical layout ideal for families and investors alike.

The ground floor boasts an open-plan design that seamlessly connects the formal dining area, kitchen, lounge, and a covered outdoor entertaining space. Large stacker doors open onto a generous courtyard, enhancing the indoor-outdoor flow perfect for entertaining and everyday living. The lounge area is equipped with air conditioning, and the tiled flooring throughout the lower level adds to the modern appeal and ease of maintenance. Additional practical features include excellent storage options and a walk-through laundry with direct access to the double lock-up garage.

Upstairs, an oversized landing offers a versatile space suitable for a home office or additional retreat. The master bedroom is generously sized, featuring air conditioning, a large walk-in wardrobe, and a spacious ensuite. The remaining bedrooms are well-appointed with built-in wardrobes, ceiling fans, and ample natural light. The main bathroom is designed with a double vanity, supporting a functional family layout.

Currently tenanted until December 2026, this property presents an excellent investment opportunity with secure long-term rental income in a sought-after location.

Key Features:

• Generous 238sqm duplex in a prestigious Varsity Lakes dress-circle pocket
• No body corporate fees, ensuring low-maintenance living
• Air conditioning and ceiling fans throughout for year-round comfort
• Large covered courtyard with stacker doors for effortless indoor-outdoor living
• Tiled flooring on the lower level for easy upkeep
• Private gated access to Winton Terrace
• Double lock-up garage plus additional off-street parking
• Ample storage throughout the home

Additional Information:

• Water Rates: Approximately $426 per quarter
• Council Rates: Approximately $1,492 bi-annually
• Rental Appraisal: Approximately $1,050 to $1,150 per week

Location Highlights:

• Within the highly desired Varsity College school catchment
• Close proximity to local parks, including Dress Circle Park and Lake Orr boardwalks
• Nearby cafes, shops, restaurants, bus stops, and Bond University
• Convenient access to Robina Town Centre, Robina Hospital, and Varsity Train Station
• Short drive to renowned beaches such as Burleigh Heads, Miami, and Mermaid Beaches

About Varsity Lakes:

Varsity Lakes is recognized as one of the Gold Coast's premier lifestyle suburbs, blending luxury, convenience, and community. Centered around the scenic Lake Orr, the area offers walking tracks, parks, and vibrant cafes that foster a relaxed, family-friendly environment. It is home to the esteemed Varsity College and is within walking distance to Bond University, making it attractive to families and investors. With excellent transport links and proximity to major amenities, Varsity Lakes provides an ideal balance of lifestyle and long-term value.

Location