A PEACEFUL LAKESIDE LIFESTYLE OR A SMART INVESTMENT OPPORTUNITY

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2/28 Castello Circuit, Varsity Lakes QLD 4227

$975,000

Search Band Search Visibility Band

$900k - $990k High Confidence Calculated based on strong search observations.

Apartment 3 Beds 2 Baths 2 Cars 151 m²

Listed: 2 days ago

Overview

Set within the sought-after Azzura Eco Resort community in the heart of Varsity Lakes, this spacious three-bedroom apartment with an additional study offers an exceptional blend of lakeside tranquility and resort-style living. Overlooking the serene waters of Azzurra Island and adjacent native bushland, the property provides a peaceful environment enhanced by generous open-plan living spaces that seamlessly extend to a private balcony, creating an inviting area for relaxation and entertaining.

The master suite is complemented by a private ensuite, ensuring comfort and privacy, while the additional study adds versatility for home office use or guest accommodation. At the core of the home, a modern kitchen equipped with stone benchtops and stainless steel appliances supports both everyday living and entertaining needs with ample storage and functionality.

Practical features including air conditioning, quality window furnishings, a separate laundry, and secure underground parking with intercom access enhance convenience and lifestyle quality. The resort facilities feature a 14-metre swimming pool, BBQ gazebos, and landscaped lawns, offering residents ample opportunities to enjoy a vibrant outdoor lifestyle within beautifully maintained communal grounds.

This property is ideally positioned for families and professionals alike, being within the highly regarded Varsity College primary and secondary school catchments and close to Bond University, public transport, shopping precincts, and recreational amenities. Its established tenancy provides immediate investment income with a secure lease until July 2027, making it appealing for investors seeking a reliable return in a premier Gold Coast location.

Combining lifestyle, convenience, and investment security, this apartment is an outstanding opportunity for those seeking a modern lakeside residence or a strategic addition to their property portfolio in Varsity Lakes.

Local Market Insights

In Varsity Lakes, Quiet Listings observed 11 new apartments entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $838,636. The property type mix of listed properties is predominantly Houses at 36%, followed by townhouses (25%), and apartments (20%). The most active agency for apartments in the Varsity Lakes area is currently Harcourts, representing 45% of new listings, followed by Ray White with 45%. 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.