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Back 124/1 Moores Cres
Off Market

124/1 Moores Cres

Varsity Lakes QLD 4227

1
1
1
65 m²
74 m²
Unit
Last sold for $420,000
Herbert FreyHerbert Frey, last sold this property on 04 December 2022 after 79 days on market.

Overview

ALL MODERN CONVENIENCES ON TAP

Herbert Frey is proud to present this quality furnished unit to the open market. This location holds so much value, centrally positioned to enjoy the best of Varsity Lakes within walking distance to a local IGA, cafes, restaurants, sushi shops, bakeries and the list goes on! Education is also well accommodated for, with the Bond University just up the road, plus a huge shopping complex at Robina Town Centre an easy 6 minute drive away. On your way to the unit you will likely feel the refreshing absence of the "hotel-like" atmosphere most other complexes introduce, as the elegance and layout of this building is sure to impress. Upon entering the unit you will notice how much natural light surrounds you and how freely you can move around in the large rooms; a combination of factors breaks the usual mold of what you would expect from a one bedroom unit. The desirable rental return potential is also an added bonus for those looking for a sensational investment to add to their portfolio. You really need to come through and experience how beautiful, practical and functional this property really is! Apartment highlights: * Furnished (please enquire for inventory list) * Approximately 69 sqm in total, 62 sqm excluding the balcony * Large open plan living/dining area flows through to the covered balcony * Kitchen with built in euro appliances * 3.4 x 4.7 sqm bedroom with built in wardrobe * Bathroom with shower over bath and stone top vanity * Allocated car park space * Air-conditioning to the living zone and ceiling fan in the bedroom Complex: * Lift access * Underground carpark * Rooftop swimming pool with views of the lake and hinterland * Gym * BBQ * Pet Friendly Financials: * Current rental income of $450 per week * Rental appraisal shows potential from the market to achieve $495 - $515 * Body corp fees around $120 per week * Council rates approx. $2,036 per year * Water rates approx. $948 per year * For further figures please request from the agent Please contact Herbert Frey with any questions you may have or any requests you would like accommodated. Disclaimer: Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
65 m² floor area
74 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Varsity Lakes over the last 12 months, the estimated median property value of 124/1 Moores Cres is $666k.

Median value
$666k
Estimated value range
$556k - $755k
Median days on market
19
Estimated value trend
27%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Varsity Lakes. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 124/1 Moores Cres

2022
Sold
$420,000
04 Dec 2022 by Herbert Frey, of Harcourts Property Hub

Happy sellers in Varsity Lakes

93%
93% of sellers in Varsity Lakes reported that their sale price either exceeded or met their price expectations.

Varsity Lakes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 99 reviews in Varsity Lakes over the last 12 months.

Local market activity for 1 bedroom units in Varsity Lakes

In the last 12 months, 13 one-bedroom units similar to 124/1 Moores Cres, have been sold.

This represents a 62% decrease in one-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Varsity Lakes

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Mitch Harrop

Sellers who recommend Mitch Harrop have praised them for being clear communication, local expert, responsive, great negotiation, friendly, supportive and stress-free process

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Luke Wright

Luke Wright is a recommended agent for Varsity Lakes.  They have 11 local sales and collected 8 local reviews across the last 12 months.

  •   5   (18 reviews)
  •  8 Reviews in Varsity Lakes
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Chris Shields

Sellers who recommend Chris Shields have praised them for being clear communication, local expert, friendly, responsive, supportive, trustworthy and dedicated

  •   4.9   (152 reviews)
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Karyn O'Dea

Sellers who recommend Karyn O'Dea have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and dedicated

  •   5   (473 reviews)
  •  7 Reviews in Varsity Lakes
  •  6 Sales in Varsity Lakes
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