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117 Varsity Parade, Varsity Lakes QLD 4227

Offers From $950,000

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$950k - $998k Transparent Transparent Listing Based on an openly advertised listing price.

Townhouse 1 Bed 1 Bath 1 Car 125 m² 125 m²

Listed: 30 days ago

Updated: 3 days ago

Overview

Situated in the vibrant and highly desired central hub of Varsity Lakes, this distinctive townhouse offers a loft-style living experience uncommon for the area. The home’s striking architectural features such as soaring raked ceilings with exposed timber beams complement polished concrete floors, creating an inviting and expansive atmosphere filled with natural light.

Designed for flexible living, the ground floor provides an open-plan layout that seamlessly connects with a tranquil private courtyard, ideal for residents who appreciate indoor-outdoor lifestyles or entertaining in leafy surroundings. Practicality is well considered with a kitchen equipped for gas cooking, a convenient laundry, and a WC on this level.

The mezzanine level extends versatile living options, accommodating either one or two bedrooms or alternatively a study, tailored to the household’s requirements. Additional amenities include a main bathroom and air conditioning, along with wood-paneled flooring that adds warmth and texture to the space.

Eco-conscious features include toilets linked to an underground rainwater tank, fostering sustainable water use and reducing utility costs. Parking is well catered for with a spacious private garage accessed via a quiet back street, along with availability of off-street parking.

This townhouse caters to a broad spectrum of buyers: first homebuyers seeking a unique property, downsizers desiring manageable yet stylish accommodation, investors attracted to the location and distinctiveness, and even sole traders in need of a central location for working from home.

Residents benefit from proximity to lakes, bike and walking paths, cafes, supermarkets, educational institutions including Varsity College and Bond University, and major shopping precincts like Robina Town Centre. Excellent transport links include a nearby train station with direct services to Brisbane.

The property is currently tenanted, offering an income of $675 per week until February 2027, adding further appeal for investors. Overall, this home provides a rare opportunity to enjoy a community-centric, walkable location with access to lifestyle amenities and open spaces that are not often found on the Gold Coast.

Local Market Insights

In Varsity Lakes, Quiet Listings observed 16 new townhouses entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $921,500. The property type mix of listed properties is predominantly Houses at 33%, followed by townhouses (30%), and apartments (20%). The most active agency for townhouses in the Varsity Lakes area is currently Harcourts, representing 56% of new listings, followed by Coastal Property Agents with 13%. 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.