Back 61/251 Varsity Parade
Off Market

61/251 Varsity Parade

Varsity Lakes QLD 4227

2
2
2
128 m²
Apartment
Last sold for $900,000
Mitch HarropMitch Harrop, last sold this property on 12 October 2025 after 18 days on market.

Overview

Ground Floor Apartment - Resort-Style Living within ‘The Reserve’

Welcome to 61/251 Varsity Parade, Varsity Lakes – a north-east facing, light-filled and stylish 128m² apartment, perfectly located in the heart of Varsity Lakes CBD. Proudly presented by Mitch Harrop & Ben Nantes, this inviting home features two generously sized bedrooms, two bathrooms, and two secure car parks with additional storage cage, delivering both convenience and lifestyle in one exceptional package. Whether you're searching for your first home, downsizing, or investing, this residence provides modern comfort in a sought-after address. Step inside and be welcomed by a spacious, well-appointed kitchen featuring quality appliances and ample storage, seamlessly flowing into the open-plan living and dining area. Bathed in natural light, this generous space extends onto an oversized private balcony – the perfect spot for entertaining friends or simply relaxing in the fresh air. Am additional front courtyard, separate laundry, and thoughtful layout add further functionality, while air conditioning ensures year-round comfort. The outdoor north-east facing balcony is a true highlight, providing a peaceful and leafy retreat to enjoy your morning coffee, alfresco dining, or evening unwind. Completing this residence are two secure underground car spaces plus a storage cage, offering both practicality and peace of mind. With its light-filled interiors, spacious design, and prime location, this apartment offers the perfect balance of convenience and style. Boasting Home Features Include: • Bright and spacious 128m² apartment filled with natural light • Ground floor apartment with gorgeous north-east aspect • Two generous bedrooms, each with built-in storage and private outlooks • Master bedroom complete with ensuite and walk-in robe • Spacious kitchen with ample storage and updated quality appliances • Open-plan living and dining flowing onto a large private balcony • Updated fixtures and fittings within the bathrooms • Separate laundry and front courtyard for everyday convenience • Air conditioning ensures year-round comfort • Two secure underground car parks plus storage cage Water Rates: Approx. $375 Per Quarter Council Rates: Approx. $1,272 Bi-Annually Body Corporate: Approx. $143 Per Week Rental Appraisal: Approx. $800 - $850 per week Complex Features Include: • 47-meter lagoon pool with sandy beach and plunge pool • Private waterfront pavilion and lakeside walking paths • Heated spa and fully equipped gymnasium • Library, infrared sauna, and theatre • Communal kitchenette and barbecue facilities • Gated security, double garage and visitor parking • Onsite management and office Boasting Location Features Include: • Lake Orr foreshore and boardwalks just a short stroll away • Walking distance to Varsity College and Bond University • Moments to Varsity Lakes CBD with cafés, restaurants, and local shops • Close to Robina Town Centre, Market Square, and train station • Easy access to leading schools including Kings, All Saints, Hillcrest, and Gold Coast Christian College • Just minutes from Miami Beach, Burleigh Heads, and world-renowned Gold Coast beaches Why Choose Varsity Lakes? Varsity Lakes is one of the Gold Coast's most sought-after suburbs, offering a perfect blend of lifestyle, convenience, and investment potential. Centered around the scenic Lake Orr, it boasts stunning waterfront homes, walking tracks, and an abundance of parks that create a relaxed, family-friendly environment. The suburb is home to the highly regarded Varsity College, along with close proximity to Bond University, making it ideal for families and investors alike. Residents enjoy easy access to major shopping at Robina Town Centre, local cafés, restaurants, and gyms, while excellent transport links via Varsity Lakes train station and the M1 motorway connect seamlessly to Brisbane and the wider Gold Coast. With strong property growth, high rental demand, and a vibrant community spirit, Varsity Lakes delivers the best of both lifestyle and long-term value. For more information, contact the Number 1 Agent in Varsity Lakes & Robina, Mitch Harrop 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
128 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 61/251 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 61/251 Varsity Parade

2025
Sold
$900,000
12 Oct 2025 by Mitch Harrop, of Harcourts Property Hub
2021
Sold
$460,000
Private Sale/Treaty on 25 Mar 2021 by Karyn O'Dea, of Ray White Robina
2019
Rented
Undisclosed
Leased on 21 Jul 2019 by Ray White Robina

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, 57 two-bedroom apartments similar to 61/251 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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