Back 2/1 Lakefront Crescent
Off Market

2/1 Lakefront Crescent

Varsity Lakes QLD 4227

2
2
2
180 m²
Apartment
Last sold for $1,012,000
Mitch HarropMitch Harrop, last sold this property on 27 January 2026 after -1 days on market.

Overview

Expansive Waterfront Apartment in Boutique Complex!

*** Video Walk Through on Facebook - Varsity Lakes Property Group *** Welcome to 2/1 Lakefront Crescent, Varsity Lakes, a rare ground-floor, east-facing waterfront home in the boutique “Parklake” complex. With only 39 exclusive apartments, this modern home offers a tranquil lakeside lifestyle just moments from Varsity's vibrant amenities. Designed for effortless single-level living, it boasts sleek interiors that open onto two expansive courtyards, capturing picturesque views over Lake Orr. Inside, two designated living areas provide versatile spaces for both relaxation and entertaining, while the seamless indoor-outdoor flow makes the most of its prime waterfront position. Wake up to serene sunrises over the water, enjoy alfresco dining in the private courtyard, or unwind with the lush parklands and blue waters as your backdrop—perfect for families, pets, and those who appreciate the finer things. Complete with two secure car spaces and a private storage cage, this home offers a unique blend of modern luxury and rare convenience. With Burleigh's world-famous beaches just five minutes away, you'll enjoy the best of coastal and lakeside living in one of Varsity Lakes' most sought-after locations. Opportunities like this are truly rare—don't miss your chance to secure this exclusive waterfront sanctuary. Boasting Home Features Include: * Huge 180m² rare ground-floor waterfront apartment, perfectly positioned on Lake Orr's edge * Effortless single-level living with two expansive courtyards—one capturing serene lake views, the other overlooking the resort-style pool * Immaculately maintained, owner-occupied home, ready to move in and enjoy * Light-filled, open-plan layout, designed for seamless indoor-outdoor living * Two distinct living areas, offering flexibility for relaxation and entertaining * Sleek modern kitchen featuring 40mm stone benchtops, a breakfast bar, stylish pendant lighting, and premium stainless steel appliances * Two spacious bedrooms, both with air conditioning and their own private courtyard access * Master retreat boasts a walk-through wardrobe, elegant ensuite, and stunning lake and parkland views * Two well-appointed bathrooms, with the main featuring a bathtub, shower, and toilet * Versatile study nook, perfect for working from home, studying, or unwinding * Thoughtful storage throughout, including a dedicated laundry area for convenience * Secure tandem basement parking, complete with a rare private storage cage Council Rates: Approx. $1,050 bi-annually Water Rates: Approx. $400 per quarter Body Corp: Approx. $153 per week ($102 per week + $51 special levy for entire painting of complex) Rental Appraisal: $850 - $900 per week Boasting Location Features Include: * Positioned next picturesque waterfront boardwalks around Lake Orr * Varsity College catchment & short walk to primary and secondary schools * Bond University just a hop, skip and jump away * Cafe, restaurants and amenities at your doorstep * Short drive to Robina Town Centre and Robina Hospital * Gold Coast's renowned golden sandy beaches just down the road * Gold Coast Airport a small car journey down the easily accessible M1 This home is an absolute must-see and an opportunity that does not come by often. Situated in one of the best positions in Varsity Lakes with nothing to be done, we are certain you'll fall in love with this beautiful home! Contact your local agent Mitch Harrop for more information today! Disclaimer: We have in preparing this information used our best endeavours 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, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
180 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 2/1 Lakefront Crescent is $840k.

Median value
$840k
Estimated value range
$723k - $1.18m
Median days on market
22
Estimated value trend
15%
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 2/1 Lakefront Crescent

2026
Sold
$1,012,000
27 Jan 2026 by Mitch Harrop, of Harcourts Property Hub

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 99 reviews in Varsity Lakes over the last 12 months.

Local market activity for 2 bedroom apartments in Varsity Lakes

In the last 12 months, 57 two-bedroom apartments similar to 2/1 Lakefront Crescent, have been sold.

This represents a 29% increase in two-bedroom apartments sales when compared to the previous 12 months.

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