2/38 Majorca Crescent
Varsity Lakes, QLD 4227

This three-bedroom townhouse is part of a boutique complex of only four residences, located in the sought-after suburb of Varsity Lakes, Queensland. The property combines comfort, functionality, and low-maintenance living, complemented by a charming street presence and low body corporate fees.

Upon entry, the home features a bright open-plan layout highlighted by high ceilings and plentiful natural light, creating a welcoming and spacious atmosphere. The living and dining areas overlook the kitchen, which provides ample storage space and a large pantry. Additionally, a convenient powder room is situated on the ground floor.

The exterior includes an east-facing front courtyard, perfect for entertaining guests or relaxing. The courtyard benefits from side access and a large water tank, enhancing practicality for day-to-day living.

Upstairs features updated carpeting throughout the living retreats. The master bedroom is equipped with air conditioning, a ceiling fan, balcony access, a sizable quadruple built-in wardrobe, and a spacious ensuite bathroom. Two further bedrooms offer built-in wardrobes and ceiling fans, with one bedroom also providing access to the balcony. A generously sized main bathroom is positioned conveniently close to these bedrooms.

This townhouse stands out in its category by offering parking for up to three vehicles. Included are a single lock-up garage, driveway parking, and an additional undercover parking space at the rear, which also incorporates a decent sized storage area.

Property features include:

• Low body corporate fees contributing to affordable ownership and maintenance.
• Three-bedroom townhouse within a boutique complex of four.
• High street appeal in the sought-after Varsity Lakes location.
• Open-plan living and dining area with abundant natural light.
• High ceilings throughout the ground floor living spaces.
• East-facing front courtyard ideal for entertaining or family activities.
• Master bedroom with balcony access, ensuite, and large built-in wardrobe.
• Two additional bedrooms featuring built-in wardrobes and ceiling fans.
• Updated carpet throughout the upstairs level.
• Main bathroom upstairs and a convenient powder room downstairs.
• Single lock-up garage with additional driveway parking.
• Third undercover car space at the rear with ample storage underneath the house.
• Comfort-enhancing air conditioning and ceiling fans throughout.

Additional costs to consider include Body Corporate fees of approximately $52 per week, Council Rates around $1,173 bi-annually, and Water Rates of approximately $515 per quarter. The property has a rental appraisal value estimated between $900 and $950 per week, presenting potential investment opportunities.

Location highlights:

• Situated within the highly regarded Varsity College school catchment area.
• Close proximity to Lake Orr, walking tracks, and local parklands, providing recreational options.
• Minutes from Bond University and various cafés, restaurants, and local shops.
• Easy access to public transport including Varsity Lakes Train Station.
• Nearby amenities include Robina Town Centre, Robina Hospital, and the M1 Motorway.
• A short drive takes you to popular Gold Coast destinations such as Burleigh Heads, Miami, and the world-renowned Mermaid Beach coastline.

Varsity Lakes offers a premium Gold Coast lifestyle, combining luxury, convenience, and community spirit. The area is known for its scenic environment, including Lake Orr and extensive parks, complemented by vibrant cafes and family-friendly amenities. Being close to esteemed educational institutions and transport hubs, this is an appealing location for families and investors alike. Easy access to shopping, health facilities, and major transport routes further enhances the appeal of this residence.

This property presents an exceptional opportunity within a boutique complex, offering versatile living with parking for three vehicles, generous outdoor spaces, and a location that balances lifestyle and connectivity within Varsity Lakes.