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2204/3 Main St

Varsity Lakes QLD 4227

2
2
1
105 m²
Apartment
Currently for sale - view listing

Overview

TWO INCOME STREAMS. ONE TITLE. AUCTION 5 NOVEMBER!

Auction In-rooms 5th November 2pm | Robina Events Centre | 94 Laver Drive Investors, the countdown is on! Secure your opportunity to bid on this unique dual-income investment before it's too late. Why settle for one rental income when you could have two? Set on an elevated third floor with a sunny north-facing aspect, this is an opportunity to secure two self-contained living spaces on a single title - with the added advantage of paying just one body corporate levy. With a combined rental of $1,000 per week, this opportunity deserves your attention. Live in one and rent the other, accommodate a family member or student, or lease both and maximise your investment potential. Going to auction on 5 November-now is the time to do your homework and get ready to bid! THE INVESTMENT AT A GLANCE Two self-contained units on one title • $1,000 per week combined rent • One body corporate levy $92 per week approx • Rates $1,105 (6 months) aprox • Water $489 (per quarter) approx • Separate entrances for privacy, shared laundry or add your own in the studio! • Elevated second-floor position with northerly views • Lift-serviced complex with an on-site swimming pool and gym • Walking distance to Bond University, Coles, Cafes and Restaurants Public Transport at your doorstep, 10 minutes to Burleigh beaches or 5 minutes to Robina Town Centre UNIT ONE: ONE-BEDROOM APARTMENT • Rental Return: $620 per week until 6/6/2027 • One bedroom, one bathroom and one secure car space • Spacious, air-conditioned living area with two ceiling fans • Full-sized kitchen with fridge, dishwasher and ample storage • Private balcony capturing easterly views towards Burleigh • Dedicated laundry nook with washing machine and dryer • Fully furnished UNIT TWO: SELF-CONTAINED STUDIO • Rental Return: $380 per week until 28/03/2027 • One bedroom and one bathroom • Functional kitchen setup with fridge • Private balcony with sunny north facing views • Air-conditioned for year-round comfort • Fully furnished LOCATION, CONVENIENCE AND INVESTMENT APPEAL Positioned in building two at "Varsity On Main" and within easy walking distance of Bond University, this property offers a practical lifestyle location for students and tenants alike. The secure, lift-serviced complex features a well-maintained swimming pool and an on-site management team, adding convenience for residents and peace of mind for owners. New Coles Supermarket is a short 3 min walk away. THE CLOCK IS TICKING - AUCTION 5 NOVEMBER! Two income streams. One title. One opportunity to secure a versatile investment in a sought-after Varsity Lakes location. Whether you're looking to strengthen your portfolio, generate dual rental income or secure a property with flexible living options, don't leave this one until the last minute. Mark 5 November in your calendar, arrange your inspection and be ready to bid! Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. The website may have filtered the property into a price bracket for website functionality purposes.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
105 m² floor area
Apartment

Property history for 2204/3 Main St

2017
Sold
Undisclosed
17 Apr 2017 by Jon Paul, of Ray White Robina

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 86 reviews in Varsity Lakes over the last 12 months.

Local market activity for 2 bedroom apartments in Varsity Lakes

In the last 12 months, 65 two-bedroom apartments similar to 2204/3 Main St, have been sold.

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

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