1 Watts Drive
Varsity Lakes, QLD 4227

Overview

Ultimate Luxury Lakeside Villa

Positioned on an east-facing corner overlooking the tranquil waters of Lake Orr, this architect-designed tri-level villa delivers an exceptional blend of lifestyle, luxury and investment within the boutique Casa del Lago residences.

One of only four residences, the home captures sweeping views across Lake Orr toward Burleigh Headland, offering a rare opportunity to secure a near-new lakeside property in one of Varsity Lakes' most desirable pockets.

Inside, timeless finishes create a refined yet relaxed coastal feel. Engineered timber flooring, natural stone surfaces and brushed brass fixtures complement the light-filled interiors, while expansive glazing draws in natural light and frames the picturesque outlook.

The open-plan living and dining area centres around a chef's kitchen fitted with premium appliances including a Smeg oven, induction cooktop, microwave and integrated Bosch dishwasher. Sliding glass doors extend the space onto a sun-drenched east-facing balcony - the perfect place to enjoy morning coffee while taking in the lake views.

Accommodation is thoughtfully arranged across three levels for comfort and privacy. The top floor hosts two generous bedrooms, each with its own ensuite, along with a retreat and study nook ideal for working from home. A third bedroom positioned on a separate level provides additional flexibility for guests or family.

For investors, the property offers immediate income with a current rental return of $1,350 per week till 1st October 2026, highlighting the strong demand for premium residences in this highly sought-after Varsity Lakes location.

Property Highlights

• Architect-designed tri-level villa in boutique Casa del Lago (only four residences)
• East-facing corner position overlooking Lake Orr with views to Burleigh Headland
• Light-filled open-plan living with covered balcony
• Premium finishes including engineered timber, natural stone and brushed brass fixtures
• Gourmet kitchen with Smeg appliances and integrated Bosch dishwasher
• Three bedrooms, two with ensuites; master with walk-in robe
• Retreat with study nook
• Designer bathrooms with floor-to-ceiling marble finishes
• Oversized tandem double garage with epoxy flooring and integrated laundry
• Ducted air-conditioning, intercom entry, chic black fans, and a glass balustrades.
• Solar System
• Outgoings on request

Perfectly positioned within walking distance of cafés, restaurants and parklands along Varsity Parade, the home is also just 1km to Bond University, under 4km to Robina Town Centre, within the Varsity College catchment, and only 5.5km to the beach.

A rare lakeside opportunity combining designer living, walkable convenience and strong investment appeal. Enquiries are a must and inspection times are limited so make your next move a waterfront one!

Location