Back 2/251 Varsity Parade
Off Market

2/251 Varsity Parade

Varsity Lakes QLD 4227

2
2
2
145 m²
Apartment
Last sold for $1,181,000
Jon PaulJon Paul, last sold this property on 29 March 2026 after 24 days on market.

Overview

SOLD BY JON PAUL

Auction Onsite on the boardwalk - Saturday 28th March 8.45am Perfectly positioned on the water's edge, this magnificently located lakefront apartment sits on the ground floor of the highly sought-after "Dove" residences within The Reserve in Varsity Lakes Designed for both comfort and privacy, the two bedrooms are positioned at opposite ends of the apartment-ideal for peaceful living. Every room is filled with natural light and captures either tranquil lake views or outlooks to your own private, secure, gated courtyard. Completely reimagined in 2025, the original closed-off kitchen has been transformed into a stunning, open and welcoming space. The result is evident the moment you step inside. Designed to maximise both form and function, the new kitchen makes preparing family meals effortless. And the breezes? Simply divine. With both front and rear courtyards, you can open the home to capture the gentle north-south winds drifting across Lake Orr-rarely needing the air conditioning. Spacious and cleverly designed, this apartment offers expansive views across Lake Orr from the waterfront deck, open-plan living area, and even the bedrooms-creating the feeling of floating above the water. Enjoy the vibrant community atmosphere as you watch the passing parade along the newly constructed boardwalk that meanders around the complex-or join in yourself. From yoga and art classes to rowing and the annual "Winterfest" celebration featuring live music, fireworks and special guests, there's always something happening. Located in the sought-after Varsity restaurant precinct, directly behind Bond University, with cafés, bars and restaurants just a two-minute stroll away, this is lifestyle living at its finest. Live in it or lease it out-demand consistently outstrips supply in this tightly held complex. Apartment Features • Brand new designer kitchen • Refreshed laundry with additional storage • Undercover patio for alfresco dining with breathtaking lake views • Expansive open-plan living with Karndean vinyl planks and water views • Quality stainless steel appliances and stone benchtops • Large master bedroom with built-ins and ceiling fan • Renovated ensuite featuring wall-hung vanity and Moroccan feature tiles • Second bedroom with built-in robe, ceiling fan and direct access to courtyard • Spacious modern main bathroom • Separate laundry room • Two designated underground car spaces • Large storage cage on title • New air conditioning in Living and Bedrooms (3 splits) • Retractable privacy screens (east and south facing) • Direct lake access to the boardwalk-feed the ducks or stroll for coffee with friends Expected Rent: $1,050 - $1,100 per week Body Corporate Levies: Approx. $164 per week Council Rates: Approx. $1,105.79 (6 months) Water Rates: Approx. $375 per quarter All figures are approximate. Resort-Style Facilities • Built in 2002; 200 apartments on the foreshore of Lake Orr • 47-metre lagoon pool with sandy beach, plus plunge pool • Cascading waterfall and beautifully maintained gardens • Theatrette, library, games room • Heated spa, infrared sauna, fully equipped gymnasium • Communal kitchenette and barbecue facilities • Private waterfront pavilions and lakeside walking paths • Secure gated complex with undercover parking • Resident app to seamlessly book amenities and relax on your schedule With Market Square retail, cafés, medical centres, walking tracks and public transport at your doorstep-and just minutes to Robina Town Centre and only 7 minutes to the beautiful Gold Coast beaches-this exceptional lifestyle apartment is an absolute must to inspect. Waterfront opportunities like this don't last. Experience the lifestyle for yourself.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
145 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 2/251 Varsity Parade is $840k.

Median value
$840k
Estimated value range
$723k - $1.18m
Median days on market
23
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 2/251 Varsity Parade

2026
Sold
$1,181,000
29 Mar 2026 by Jon Paul, of Ray White Robina
2021
Sold
$610,000
25 Oct 2021 by Darren Lewis, of RE/MAX Regency
2021
Rented
Undisclosed
Leased on 23 Apr 2021 by 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 95 reviews in Varsity Lakes over the last 12 months.

Local market activity for 2 bedroom apartments in Varsity Lakes

In the last 12 months, 60 two-bedroom apartments similar to 2/251 Varsity Parade, have been sold.

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

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