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Back 198/251 Varsity Parade
Off Market

198/251 Varsity Parade

Varsity Lakes QLD 4227

4
2
2
0 m²
Apartment
Last sold for $1,275,000
Daryn TrowbridgeDaryn Trowbridge, last sold this property on 26 February 2026 after 99 days on market.

Overview

BE IN FOR XMAS. ACT QUICKLY NOW!!

Welcome to 198/251 Varsity Pde, Varsity Lakes. What an excellent opportunity to secure a prime waterfront sub penthouse in the heart of Varsity Lakes with North-Easterly aspect. Situated in one of the Gold Coasts premier complexes, this property has all of the boxes ticked. Boasting 4 bedrooms, 2 bathrooms plus powder room, 2 car spaces and storage cage and large entertainers balcony overlooking the water. Great for entertaining with generous outdoor dining and patio area. Features: Master bedroom with en-suite & WIR Two further large bedrooms with BIR's and both en-suited Fourth bedroom or perfect sized office/study downstairs Two bathrooms in total + separate powder room (guest toilet) Modern open plan kitchen with granite bench tops and quality appliances Open plan living and dining area flowing directly to your outdoor entertaining area Large balcony which has fantastic water views and Burleigh skyline views Ducted & new split system air conditioning Two car space accommodation Generous sized storage cage Freshly painted throughout Brand new carpets throughout The complex 5 star facilities include: Lagoon style pool with sandy beach access BBQ areas for convenience Common kitchen facilities for use around the pool Infra-red sauna Gymnasiums x 2 (Weights & Cardio) Library Spa pools Cinema room Security Complex Waterfront location Only 50m to world renowned Bond University Professional on site management team Minutes to world renowned beaches Walking distance to restaurant precinct and public transport Varsity College just about at your door step Currently vacant and ready to be occupied Inspections are by appointment and highly recommended. Approximate outgoings. Current council rates: $1,200.00 per 6 months approximately Current Water rates: $400.00 per quarter approximately Body Corp weekly fees: $173 per week approximately Rental appraisal: $1,200.00 per week approximately This is currently vacant and ready to be moved into. This is a walk up building with NO lift access. Parking is tandem spaces with storage cage behind. Contact Daryn on 0410 665 902 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

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
Apartment

Estimated Value

Based on this property and similar 4 bedroom apartments sold in Varsity Lakes over the last 12 months, the estimated median property value of 198/251 Varsity Parade is $1.29m.

Median value
$1.29m
Estimated value range
$1.11m - $1.35m
Median days on market
47
Estimated value trend
32%
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 198/251 Varsity Parade

2026
Sold
$1,275,000
Private Sale/Treaty on 26 Feb 2026 by Daryn Trowbridge, of RE/MAX Regency
2025
Sold
$1,110,000
Private Sale/Treaty on 25 Jun 2025 by Daryn Trowbridge, of RE/MAX Regency

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 96 reviews in Varsity Lakes over the last 12 months.

Local market activity for 4 bedroom apartments in Varsity Lakes

In the last 12 months, 2 four-bedroom apartments similar to 198/251 Varsity Parade, have been sold.

This represents a 20% increase in four-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

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Mitch Harrop

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

  •   4.9   (229 reviews)
  •  62 Reviews in Varsity Lakes
  •  77 Sales in Varsity Lakes
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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
  •  11 Sales 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)
  •  9 Reviews in Varsity Lakes
  •  9 Sales in Varsity Lakes
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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   (469 reviews)
  •  7 Reviews in Varsity Lakes
  •  6 Sales in Varsity Lakes
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