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147 Varsity Parade

Varsity Lakes QLD 4227

3
2
1
67 m²
125 m²
Townhouse
Currently for sale - view listing

Overview

HOT SELLING SOHO - Make Your Move! Live, Work, Invest - The Choice is Yours!

In-Room Auction September 10th, 2pm - 94 Laver Dr, Robina Event Centre (Tafe) What is a SOHO? A Small Office/Home Office (SOHO) is registered for both residential living and business use, giving you the flexibility to live in, work from, or invest in one of the most versatile property types available. This could be the smartest move you make in 2026! Don't miss this rare opportunity to secure a high-performing investment in a sought-after location. Offering excellent income potential and exceptional flexibility, this unique property is ideal for work-from-home professionals, business owners, or savvy investors seeking strong rental returns. Current Investment Highlights Dual-Income Opportunity Currently returning $975 per week on a lease through to May 2027, the property comprises: • A fully self-contained studio apartment above the garage. • A spacious two-bedroom residence in the main home. Self-Contained Studio • Lofted ceilings creating a spacious feel. • Kitchenette. • Bathroom. • Open-plan living and bedroom area. • Shared laundry facilities. Two-Bedroom Residence • Modern kitchen. • Open-plan living and dining area. • Bathroom. • Laundry facilities. • Two generous bedrooms. Additional comfort features include: • Air conditioning in the studio and Bedroom 2. • Ceiling fans throughout. • Option to purchase fully furnished (subject to negotiation). • Secure rear laneway access with separate entry. Outstanding Rental Potential • Current Rental Return: $975 per week. • Estimated Rental Return (leased separately): • Studio: Approximately $480 per week. • Two-bedroom residence: Approximately $900 per week. An exceptional opportunity for investors seeking a high-yield, flexible asset. Dedicated Business Space Purpose-built for professionals • Abundant natural light • Full kitchen • Powder room • Air conditioning • Ample storage • Private courtyard With an approved business sign and excellent street exposure, clients will enjoy easy access and outstanding visibility. Additional Features • Single lock-up garage plus visitor parking. • Energy-efficient electric hot water system. • Ready for solar and battery installation. • Low body corporate fees of approximately $19.26 per week. • Council rates: $1,438.74 (6 monthly). • Water rates: $537.16 (quarterly). Prime Location Enjoy the convenience of being within walking distance to: • Bond University. • Local schools. Shopping precincts. • The lake and walking paths. • Popular cafés and everyday amenities. With the recent opening of Coles, the area's appeal and future growth potential continue to strengthen. Why You'll Love It • North-facing aspect. • Excellent street exposure. • Flexible live/work lifestyle. • Strong rental returns. • Rare SOHO zoning. • Outstanding long-term investment potential. Whether you're looking to live, work, invest, or all three, this unique SOHO delivers flexibility, strong returns, and a lifestyle opportunity rarely offered in today's market. Auction In Rooms 10th September Robina Event Centre- 94 Laver Dr Act quickly to secure your place in one of the area's most exciting income-generating opportunities.

Features

3 bedrooms
2 bathrooms
1 carspace
1 open car space
67 m² floor area
125 m² lot size
Townhouse

Property history for 147 Varsity Parade

2023
Rented
Undisclosed
Leased on 27 Apr 2023 by Ray White Robina
2021
Sold
$880,000
07 Nov 2021 by Anita Armstrong, of Ray White Robina
2014
Sold
Undisclosed
Private Sale/Treaty on 06 Jan 2014 by Tom Bleier

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 92 reviews in Varsity Lakes over the last 12 months.

Local market activity for 3 bedroom townhouses in Varsity Lakes

In the last 12 months, 54 three-bedroom townhouses similar to 147 Varsity Parade, have been sold.

This represents a 30% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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