160/251 Varsity Pde

Off Market

160/251 Varsity Pde

Varsity Lakes QLD 4227

0 m²

Apartment

Last sold for $1,000,000

Daryn Trowbridge, last sold this property on 11 October 2026 after 75 days on market.

Overview

GROUND FLOOR WATERFRONT APARTMENT

Few properties enjoy such a privileged position. This spacious ground floor waterfront apartment is situated on beautiful Lake Orr in the stunning Reserve Complex. Beautiful North-Easterly outlook, with superb features including large waterfront undercover area, plus additional fully private balcony off the master bedroom.. The Reserve is ideally located on the foreshore of Lake Orr in Varsity Lakes and directly opposite internationally acclaimed Bond University. With resort style facilities such as a lagoon style pool, gym, spa, theatre and library, this lifestyle is hard to beat. Inspections are highly recommended. Easy care, lock and leave property, in highly sought after location! Currently tenanted through until December 2026 and ready for the new owner to move in or investor to take over. From your balcony you have direct access to the boardwalk and waterfront with small garden area. Features: Master bedroom with walk through robe, ensuite and private balcony overlooking water Second bedroom with BIR and separate bathroom Two bathrooms in total including en-suite Hardwood flooring Waterfront balcony with access to the boardwalk Kitchen with stone benches, breakfast bar and ample storage Lounge & dining zone overlooking water and flowing out to balcony area Single Car Accommodation Lock up storage cage Air conditioning Pet friendly Sun drenched mornings on your waterfront balcony area Awesome opportunity awaits. Fantastic floorplan and layout with ample outdoor space. Separate laundry with storage North-East aspect Facilities in The Reserve include: 48m lagoon style pool with sandy beachfront 2 x gymnasiums (1 x cardio, 1 x weights) Spa pools Sauna/steam room Library Community kitchen BBQ areas Theatre room Beachfront area onto Lake Orr Private secure waterfront boardwalk Security complex Fantastic onsite managers Council Rates: $1,398.36 per 6 months Water rates: $482.08 per quarter Body corp: $190.16 per week Current rent: $815.00 per week Lease ends: 14th December, 2026. Contact Daryn Trowbridge on 0410 665 902 for inspection times or further information. Advertising Disclaimer: We have prepared this information to the best of our knowledge 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 or inaccuracies that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

2 bedrooms

2 bathrooms

1 carspace

1 garage space

0 m² floor area

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 160/251 Varsity Pde is $902k.

Median value

$902k

Estimated value range

$725k - $1.24m

Median days on market

Estimated value trend

19%

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 160/251 Varsity Pde

2026

Sold

$1,000,000

11 Oct 2026 by Daryn Trowbridge, of RE/MAX Regency

2017

Sold

$420,000

Private Sale/Treaty on 07 May 2017 by Darren Lewis, of RE/MAX Regency

2016

Sold

$393,000

28 Feb 2016 by Darren Lewis, of RE/MAX Regency

Happy sellers in Varsity Lakes

89%

89% 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 82 reviews in Varsity Lakes over the last 12 months.

Local market activity for 2 bedroom apartments in Varsity Lakes

In the last 12 months, 69 two-bedroom apartments similar to 160/251 Varsity Pde, have been sold.

This represents a 9% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Varsity Lakes for a free market appraisal.

Mitch Harrop

at Harcourts Property Hub

4.9

(264 reviews)

Get a free market appraisal

Ben Williams

at RE/MAX Regency

(314 reviews)

Get a free market appraisal

Chris Shields

at Gold Coast Property Sales & Rentals

4.9

(157 reviews)

Get a free market appraisal

Greg Corcoran

at Ray White TMG

4.9

(138 reviews)

Get a free market appraisal

Nearby agents

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

Mitch Harrop

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

4.9 (264 reviews)
65 Reviews in Varsity Lakes
79 Sales in Varsity Lakes

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Ben Williams

Sellers who recommend Ben Williams have praised them for being clear communication, local expert, responsive, great negotiation, honest, reliable and friendly

5 (314 reviews)
9 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 reliable

4.9 (157 reviews)
7 Reviews in Varsity Lakes
9 Sales in Varsity Lakes

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Greg Corcoran

Sellers who recommend Greg Corcoran have praised them for being clear communication, responsive, local expert, honest, supportive, friendly and reliable