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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

UNDER CONTRACT

122 Varsity Parade, Varsity Lakes QLD 4227

Duplex 4 beds 3 baths 2 cars
Listed: 28 days ago
Updated: 13 hours ago
Overview

This unique duplex property presents an exceptional opportunity, combining prominent commercial space with a spacious family residence on freehold land featuring valuable double street frontage. Positioned on a busy Varsity Parade, the commercial area at the front offers excellent street presence, making it ideal for a professional business, consulting practice, or home-based enterprise. The single-level workspace includes a welcoming reception and waiting area, a private office, a dedicated treatment or consulting room, air conditioning, and accessible bathroom facilities, all designed to support a productive and professional environment.

Behind this commercial frontage lies a substantial two-level family home, offering privacy and comfort with its own separate access from Lonsdale Place. This residential section is designed with family living in mind, featuring an open-plan living and dining area that seamlessly connects to a private, covered alfresco space—ideal for entertaining or relaxing outdoors. The large entertainer’s kitchen flows effortlessly to the outdoor area, complementing the fully fenced courtyard that enhances security and outdoor living options.

  • Four bedrooms accommodate family needs, including a spacious master with ensuite, walk-in robe, and secluded balcony, adding a touch of luxury and personal retreat space.
  • The fourth bedroom downstairs is a converted garage, offering flexibility for guests, a home office, or hobby space.
  • Additional family-friendly features such as bamboo flooring in selected areas and air conditioning throughout augment the home's comfort and aesthetic appeal.
  • Double tandem car accommodation enhances convenience while the fully fenced courtyard secures the outdoor space.

Conveniently located near local commercial precincts, popular cafes, supermarkets, schools, parks, and Bond University, this property suits buyers seeking to integrate home and work life without compromise. It appeals to professionals desiring a live-work setup, families requiring spacious and adaptable living areas, and investors eyeing a versatile property with future potential. The absence of body corporate fees further enhances the property's attractiveness.

With separate and direct access for both commercial and residential areas, combined with exceptional location and dual functionality, this property uniquely offers the best of both worlds—live, work, and invest—all under one prominent Varsity Lakes address.

Local Market Insights

In Gold Coast, Quiet Listings observed 60 new duplexes entering the market over the last 30 days, down from 73 during the previous 30-day period, with an average advertised asking price of $1,205,683. The property type mix of listed properties is predominantly Houses at 51%, followed by apartments (19%), and townhouses (9%). The most active agency for duplexes in the Gold Coast area is currently Ray White, representing 28% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
Under Offer
$1,195,000+
Offers Over $1,249,000
Location
Market Insights for Varsity Lakes QLD 4227
New Listings (last 30 days)
60
Average price
$1,205,683
Lowest price
$675,000
Highest price
$3,500,000
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