Back 40/253 Varsity Parade
Off Market

40/253 Varsity Parade

Varsity Lakes QLD 4227

2
2
2
0 m²
Apartment
Last sold for $830,000
Daryn TrowbridgeDaryn Trowbridge, last sold this property on 07 July 2025 after 91 days on market.

Overview

2 BEDROOM APARTMENT. DIRECTLY BEHIND BOND UNI.

Welcome to your dream apartment located at 40/253 Varsity Parade, an idyllic retreat nestled in the heart of Varsity Lakes. This beautifully refreshed boutique complex, limited to just 42 residences, is the perfect sanctuary for those seeking an abundance of sunshine and a relaxed lifestyle. Property Highlights: Master bedroom with en-suite and BIR Second bedroom with BIR 2 Bathrooms including en-suite 2 Car Spaces Generous open-plan kitchen European appliances and a spacious island High ceilings that enhance the sense of space and light Air conditioning and fans Spacious rooms 2 balconies Complex Features Dive into the inviting central saltwater pool or enjoy a BBQ in the well-maintained communal area surrounded by lush gardens. Ample visitor parking ensures that your guests can easily join you. Covered and secure parking includes two dedicated spaces alongside a convenient storage cage for all your beach and outdoor gear. This apartment is currently tenanted. Additional perks include: Affordable body corporate fees of just $112 per week Pet-friendly environment, so you can bring your furry friends along. Convenient location within walking distance to Bond University and the vibrant CBD. Rental appraisal of $830 - $850 per week Current lease expires 25th August, 2025 @ $695/week. Located just 500 meters from Varsity College and a short 3-minute drive to Varsity Primary, as well as a mere 5 minutes from the bustling Robina Town Centre, everything you need is right at your fingertips. Don’t miss your chance to own this fantastic property! Inspections are highly recommended, so contact us today to schedule your viewing. This property will be sold. This is a walk up building with no lift access. 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
2 carspaces
2 garage spaces
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 40/253 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 40/253 Varsity Parade

2025
Sold
$830,000
Private Sale/Treaty on 07 Jul 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 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 40/253 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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