Offers over $499,000
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87/228 Varsity Pde, Varsity Lakes QLD 4227

Apartment
111

The Pinnacle of Chancellor Executive Apartments (OFI Sat 11am to 11:30am)

This top level and rare J-type floorplan (84sqm) is the largest and finest 1 bedroom unit in the whole complex.

This property is perfect for the astute investor looking for a premium rental yield and capital growth, or ideal for the first home buyer wanting to lock in a Blue-Chip first home.

Chancellor has the unbeatable location in the heart of the vibrant Bond University precinct, Market Square shops, retail shops and Lake Orr which are all a short stroll away.

Property features include:

· Beautifully designed one bedroom (84sqm) with elevated high ceilings

· Located on Level 3 (top level)

· Spacious XL Bedroom

· Dual generous sized balconies

· Modern open plan living, with the lounge integrating into the beautifully designed kitchen with stone bench tops

· Reverse cycle air conditioning

· Well-appointed bathroom with bathtub and integrated with laundry facilities

· Well maintained Building with great amenities, Pool, Gymnasium, BBQ Facilities, Conference Room

· Helpful front desk Management Team

· Underground secure car park

* Chancellor Apartments Full Furniture Kit is included in the Sale

Additional highlights:

· About 10 minutes drive to the Gold Coast Beaches

· Walking distance to Market Square, Bond University and Lake Orr

· Short Drive to Robina Town Centre Shopping Centre, CBUS Stadium, Robina Hospital and M1 Highway

Financials:

Tenant in place til 01/05/2025 @ $580pw

Current Rental Appraisal Fully Furnished is $620-$630pw

Water Rates $1,200pa. approx.

Council Rates $3,600pa. approx.

Strata Fees $8,400pa. approx. (BC fees are going down and Agent can provide Minutes and AGM notes etc.)

Please contact Exclusive Selling Agent Michael Gambaro on 0450 822 001 for all details and enquiries

Disclaimer

All information (including but not limited to the property area, floor size, price, address and general property description) on the Website is provided as a convenience to you, and has been provided to South Coast Residential by third parties. In placing the information on the Website, South Coast Residential has received the information passed on from third parties. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website or the information about the property contained on the Website.

Property Code: 46

Inspections

Saturday, 6 Jul11:00am - 11:30am
Can't inspect in person?

Contact Michael Gambaro to enquire about this property including alternatives to in-person inspections.

Key details

Bedrooms:
1
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment

Other Details

Lot:
264
Plan Type:
SP
Plan:
182411
Legal description:
264/SP182411
South Coast Residential
Next Inspection:

Maps and area information

Block information
Legal description: 264/SP182411
Block Map
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Nearby sales

Looking to compare sales prices?

We found 11 apartments with 1 bedrooms that just sold near 87/228 Varsity Pde Varsity Lakes

Property history

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Varsity Lakes suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
38 years
Population
16,493
Listing ID: 182609487. This listing has been viewed 4 times. It was first displayed on 18/06/2024 and last updated on 03/07/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.