Back 40809/2 Main Street
Off Market

40809/2 Main Street

Varsity Lakes QLD 4227

2
2
1
97 m²
Apartment
Last sold for $777,000
Kenneth McLachlanKenneth McLachlan, last sold this property on 18 September 2024 after 56 days on market.

Overview

Missed Out on This Opportunity? Don’t Worry!

This stunning Varsity Lakes apartment may have just sold, but more fantastic opportunities like this are coming soon. If you're looking for a prime investment in a vibrant community with modern features and strong rental yields, get in touch today! Register your interest now and be the first to know when the next apartment hits the market. Don't miss your chance to secure a top-tier investment in this highly sought-after area! Call Ken for any enquiries 0472 736 522 Investment Highlights: Attractive 5% Return: Capitalize on a compelling rental yield with a projected 5% return, calculated on a strong rental income of $765 per week. Depreciation Benefits: Enjoy significant tax advantages with four years of depreciation benefits, optimizing your investment potential. Prime Location: Strategic Position: Conveniently located within walking distance of Bond University, Varsity Lakes central shops, and Varsity Secondary College, ensuring high demand and consistent rental appeal. Vibrant Community: Immerse yourself in the heart of Varsity Lakes, surrounded by vibrant local shops, cafes, parks, and a highly sought-after neighborhood. Modern Comfort and Style: Contemporary Living: This 2-bedroom, 2-bathroom apartment, built in 2023, combines modern amenities with stylish design, making it ideal for couples, downsizers, or students. State-of-the-Art Features: Equipped with advanced security systems, keyless entry via Cienna's innovative access app, air conditioning, ceiling fans, and a spacious 97m² layout for effortless living. Exclusive Amenities: Rooftop Access: Enjoy unparalleled 360-degree views of the Gold Coast from the building's exclusive rooftop. Perfect for entertaining, relaxing, or simply taking in the stunning scenery. On-Site Facilities: Benefit from the on-site gym and wheelchair access, enhancing the convenience and attractiveness of the property. Lifestyle and Value: Breathtaking Views: The apartment's balcony offers picturesque views of the mountains, cityscape, ocean, and water, providing a serene retreat for everyday living. Prime Investment Opportunity: With its modern features, strategic location, and strong rental yield, this property represents a solid investment in a thriving community. Seize this exceptional opportunity to own a prime piece of Varsity Lakes. With its unbeatable location, contemporary features, and lucrative returns, this apartment is an ideal addition to your investment portfolio. Act now to secure this valuable asset and capitalize on the vibrant lifestyle it offers! 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
1 carspace
1 garage space
97 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 40809/2 Main Street 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 40809/2 Main Street

2024
Sold
$777,000
Private Sale/Treaty on 18 Sep 2024 by Kenneth McLachlan, of Harcourts Property Hub
2023
Rented
Undisclosed
Leased on 18 Jun 2023 by Cienna Living

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 97 reviews in Varsity Lakes over the last 12 months.

Local market activity for 2 bedroom apartments in Varsity Lakes

In the last 12 months, 58 two-bedroom apartments similar to 40809/2 Main Street, have been sold.

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

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