Back 1302/3 Main Street
Off Market

1302/3 Main Street

Varsity Lakes QLD 4227

2
2
1
107 m²
Apartment
Last sold for $816,000
Jon PaulJon Paul, last sold this property on 02 August 2026 after 39 days on market.

Overview

SOLD BY JON PAUL

Savvy investors, take note. This is a rare opportunity to secure two income streams on a single title, meaning you benefit from dual returns while paying only one body corporate levy. Positioned on an elevated third-floor setting with a sunny, east-facing outlook, this property offers ultimate flexibility. Keep one unit for yourself, a family member, or a student, and let the adjoining tenant offset your mortgage-or lease both for an accelerated payoff. With demand for cash-flow-positive properties at an all-time high, this secure, lift-serviced complex delivers an outstanding combined rental expectation of $1,000 per week. Perfectly situated within walking distance to Bond University and complete with an on-site pool and proactive management, this is a smart, safe, and highly lucrative move. The Opportunity Two Units | One Title: Separate front doors ensure complete privacy Outstanding Returns: $1,000 per week combined rental yield Low Outgoings: Body Corporate is approximately $100 per week Property Breakdown -The One-Bedroom Apartment ($600/week) • Layout: 1 bedroom, 1 bathroom, and 1 secure car park • Living: Spacious, air-conditioned living room with 2 ceiling fans for year-round comfort • Kitchen: Full-sized kitchen featuring a fridge, dishwasher, and ample storage space. • Views: Private balcony with stunning easterly views toward Burleigh. • Convenience: Dedicated laundry nook equipped with a washing machine and dryer -The Studio Apartment ($400/week) • Layout: Compact and highly functional 1 bedroom, 1 bathroom • Kitchen: Well-appointed kitchen setup, including a fridge • Views: Private balcony capturing excellent Burleigh views • Climate: Fully air-conditioned • Convenience: New Washing Machine Included Complex Highlights • Prime Location: Easy walking distance to Bond University • Amenities: Lift access and a well-maintained on-site swimming pool • Management: Excellent on-site management team ensuring your investment is well-protected.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
107 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Varsity Lakes over the last 12 months, the estimated median property value of 1302/3 Main Street is $872.5k.

Median value
$872.5k
Estimated value range
$723k - $1.18m
Median days on market
22
Estimated value trend
16%
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 1302/3 Main Street

2026
Sold
$816,000
02 Aug 2026 by Jon Paul, of Ray White Robina
2021
Sold
$495,000
Private Sale/Treaty on 13 Oct 2021 by Jon Paul, of Ray White Robina

Happy sellers in Varsity Lakes

92%
92% 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 91 reviews in Varsity Lakes over the last 12 months.

Local market activity for 2 bedroom apartments in Varsity Lakes

In the last 12 months, 62 two-bedroom apartments similar to 1302/3 Main Street, have been sold.

This represents a 7% increase in two-bedroom apartments sales when compared to the previous 12 months.

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