1114 Varsity Waters

Property Overview

Categoryapartment
Market price$472,450
Market rent$430 p/wk
Yield4.73%
Bedrooms2
Bathrooms2
Carports2
Garages
Address1114,65 Varsity Parade
SuburbVarsity Lakes
StateQLD
Postcode4227

Expression of interest

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Varsity Lakes is a master-planned community that has evolved into a desirable Gold Coast suburb with major health, transport, retail, education and office precincts. A commercial office hub has developed in Varsity Lakes and Robina and has become the second largest office precinct on the Gold Coast offering employment opportunities to local residents.
Along with strong commercial infrastructure and amenity, Varsity Lakes also offers residents an enviable lifestyle. Numerous golf courses are in proximity together with with kilometres of walking and cycling tracks along the banks of Lake Orr.

Lake Orr also offers sailing, rowing and dragon boating activities. Gold Coast beaches are a ten-minute drive.

Project Description

Unique floor plans together with carefully selected colours and textures, generous kitchens and bathrooms.

List of Facilities:
Residents pool facility,
BBQ entertaining area,
Landscaped gardens
Serviced by Heavy Rail Bus Service Easy
Access to the M1
On site car parking facility
Pool

Located within minutes to:
shopping centres
medical facilities
public transport
schools
recreational facilities
Varsity Central CBD
Varsity College
Bond University
golf courses
Market Square

Strong employment growth is forecast for the Varsity Lakes Catchment through to 2031. With more than 13,500 new jobs projected for the catchment, that equates to a growth rate of 49.7 per cent. The Business Services (including Property) sector is projected to record the largest increase in jobs, followed by Retail and Health and Community, within the Varsity Lakes Catchment to 2031

Population projections suggest that the existing resident population of Varsity Lakes will more than double the over the next 22 years, growing to more than 36,000 people. Average annual growth during the ten years between 2004 and 2014 has recorded 4.2 per cent per annum in Varsity Lakes. This is well above the Gold Coast LGA figure of 2.5 per cent per annum over the same period.

Looking forward, Varsity Lakes is forecast to continue growing at a higher rate than the wider Gold Coast. Between 2014 and 2036 the resident population of Varsity Lakes is forecast to grow at a rate of 3.8 per cent per annum and take the population to more than 36,000.

Call 1300 67 27 28 to find out more or quickly register now on this page and we will contact you to talk about your investment objectives to refine what may best suit your personal circumstances.