Back 146/251 Varsity Parade
Off Market

146/251 Varsity Parade

Varsity Lakes QLD 4227

3
2
2
Apartment
Last sold for $1,620,000
Jon PaulJon Paul, last sold this property on 28 July 2024 after 30 days on market.

Overview

SOLD BY JON PAUL

Experience the pinnacle of urban living in this true penthouse apartment, where no expense has been spared to create a luxurious and sophisticated home. This spacious residence offers an unparalleled lifestyle with breathtaking panoramic views of both the lake and the city skyline. Key Features: With over 440sqm of living space inside and out set over two levels, you will find this home the perfect place to entertain or work from home with absolute privacy. The current owners have loved this aspect that's cool in summer capturing the Lake Orr breezes and warm in winter as the apartment is north east facing. The home is fully air conditioned but the optimised aspect means less ac and more lake breezes. Expansive Living Spaces Generously sized with an open floor plan, perfect for entertaining and relaxation. Spectacular Views: Enjoy unobstructed vistas of the lake and city from every room, providing a stunning backdrop to your daily life. Entertainment Lounge & Bar just like a first class airline lounge offering top floor unobstructed views of Lake Orr, Surfers Paradise city and views to Burleigh Heads. The beautifully designed and constructed bar is simply a magnificent place to sit with friends and family and powder room is convenient and has been cleverly integrated. Gourmet Kitchen: Outfitted with top-of-the-line appliances, custom cabinetry, and elegant finishes, making it a chef's dream. Surprisingly good butler's pantry- come and discover this spacious and functional zone. See if you can find it! Luxurious Master Suite: Features a spacious bedroom, walk-in closet, and a spa-like en-suite bathroom with premium fixtures. High-End Finishes: Every detail has been meticulously designed and crafted, from the hardwood floors to the custom lighting and designer touches throughout. Private Terrace: Step out onto your expansive private terrace to take in the fresh air and unparalleled views, perfect for outdoor dining and relaxation. Amenities: Benefit from exclusive access to the building's amenities, including a state-of-the-art sauna, stunning free-form white sandy beach. Prime Location: Situated in a prestigious building, you'll be within walking distance to upscale shopping, fine dining, and vibrant city life. Storage…there's loads of storage space from the walk in pantry, laundry, upstairs lounge, understairs and car park storage cage located in the basement. Facilities: -Resort Style Pool -Dive into relaxation with a 50 metre resort style pool with sandy beaches and private cabanas on offer. -State-of-the Art Gym -Stay fit with the latest fitness equipment and personalised workout spaces. Gourmet Kitchen -The shared gourmet kitchen is available for bookings and is ideal for family gatherings or parties. Private Movie Room & Library -Ideal for movie screenings but also popular for meetings come bring some popcorn to watch the latest and greatest stars. Library is also a great place to catch up reading, study or just chill. -Spa, Infrared Sauna and Plunge Pool -With a heated spa and cool plunge pool already established, The Reserve apartments have recently adopted the latest sauna technology to help improve circulation and therefore better health outcomes for its residents. Lakeside Walks The Lake Orr board walk is undergoing a refresh so once complete it will offer over 2.6km of boardwalk and trails that meander the lakeside offering excellent fishing, boating and exercise experiences. Local Foods The CBD hotel, Blackboard Cafe, and Italian restaurants are just few of the best places to eat. There's a post office, bottle shop, convenience store too and just recently announced a brand new Coles supermarket coming to Varsity Lakes. Snapshot: -True Penthouse -Prime north eastern orientation -3 Bedrooms (2 with private balconies from the bedrooms) -2.5 bathrooms -Two Storey Apartment with over 257sqm of internal space -1st Level-Living, covered terraces 20sqm approximately and 3 Bedrooms -Upper Level- Bar/ Family room and huge terrace area (over 190sqm of covered and uncovered terrace) -2 side-by-side car parking with adjacent storage cage Outgoings : Council rates: $1020 per 6 months approx Water: $426 per quarter approx Body Corp: $254 per week approx This penthouse apartment is a rare gem that offers an extraordinary living experience. Schedule your private viewing today and discover the ultimate in luxury and sophistication. Call Jon on 0417 438 918.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Varsity Lakes over the last 12 months, the estimated median property value of 146/251 Varsity Parade is $1.17m.

Median value
$1.17m
Estimated value range
$810k - $1.81m
Median days on market
41
Estimated value trend
29%
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 146/251 Varsity Parade

2024
Sold
$1,620,000
Private Sale/Treaty on 28 Jul 2024 by Jon Paul, of Ray White Robina
2018
Sold
Undisclosed
01 Mar 2018 by John Breslin, of @realty - QLD

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 93 reviews in Varsity Lakes over the last 12 months.

Local market activity for 3 bedroom apartments in Varsity Lakes

In the last 12 months, 12 three-bedroom apartments similar to 146/251 Varsity Parade, have been sold.

This represents a 32% increase in three-bedroom apartments 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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent