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Off Market

63/228 Varsity Parade

Varsity Lakes QLD 4227

1
1
1
0 m²
66 m²
Unit
Last sold for $595,000
Wayne HolmesWayne Holmes, last sold this property on 12 August 2026 after 112 days on market.

Overview

Fantastic Investment Opportunity in the Heart of Varsity Lakes

Currently rented for $615 per week until June 2027 and positioned in one of the Gold Coast’s most tightly held and high-demand rental pockets, this fully furnished one-bedroom apartment within the highly regarded Chancellor Executive Apartments presents an exceptional opportunity for investors seeking value and strong reliable returns. Set just moments from Bond University, this property enjoys consistent year-round demand from students, professionals, and corporate or holiday guests alike. Whether you’re looking to expand your portfolio or secure a low-maintenance, income-generating asset, this versatile apartment ticks every box. Step inside to discover a thoughtfully designed layout that combines comfort, functionality, and modern style. The generous bedroom is complemented by a walk-in robe, while the sleek bathroom showcases quality stone finishes. A contemporary kitchen fitted with stainless steel appliances flows seamlessly into the living space, enhanced by air conditioning for year-round comfort. Offered fully furnished, this is a true turnkey investment—ready to generate income from day one. Residents and guests enjoy access to an impressive suite of resort-style amenities, including a sparkling swimming pool, fully equipped gym, BBQ entertaining area, and a sophisticated executive foyer—creating an appealing lifestyle that keeps occupancy rates high. Currently rented for $615 per week until June 2027. Property Features • Spacious bedroom with walk-in robe • Stylish bathroom with premium stone finishes • Air-conditioned for comfort in every season • Modern kitchen with quality stainless steel appliances • Private internal laundry • Fully furnished for immediate rental return • Secure car space • Lift access for added convenience Resort-Style Amenities • Swimming pool • Fully equipped gymnasium • BBQ and outdoor entertaining area • Grand executive-style foyer Prime Location Enjoy the ultimate convenience of a central Varsity Lakes address: • Easy walk to Bond University • Walking distance to local shops, cafes, and public transport • Just minutes to Robina Town Centre • Only 10 minutes' drive to gold coast beaches Investment Highlights • Strong rental returns of approximately $640 per week • Consistently high occupancy rates year-round • Preferred accommodation for Bond University and conference guests • Flexible rental options: long-term, short-term, or personal use between stays • Long-term tenant currently in place (lease until June 2027) • Low-maintenance asset in a blue-chip rental location • Approx Body Corp per week $140 This is a rare opportunity to secure a high-performing investment in one of the Gold Coast’s most sought-after precincts. With strong demand, excellent returns, and lifestyle appeal, this property offers value, immediate income and long-term growth potential. Disclaimer In preparing this information, REMAX Regency has used its best endeavours to ensure the information is true and accurate. We accept no responsibility for any errors, omissions, or misstatements. Prospective buyers should make their own enquiries to verify all details.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
0 m² floor area
66 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Varsity Lakes over the last 12 months, the estimated median property value of 63/228 Varsity Parade is $668.5k.

Median value
$668.5k
Estimated value range
$565k - $755k
Median days on market
20
Estimated value trend
23%
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 63/228 Varsity Parade

2026
Sold
$595,000
12 Aug 2026 by Wayne Holmes, of RE/MAX Regency
2016
Sold
$260,000
Private Sale/Treaty on 14 Oct 2016

Happy sellers in Varsity Lakes

92%
92% 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 92 reviews in Varsity Lakes over the last 12 months.

Local market activity for 1 bedroom units in Varsity Lakes

In the last 12 months, 13 one-bedroom units similar to 63/228 Varsity Parade, have been sold.

This represents a 85% decrease in one-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Varsity Lakes

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Mitch Harrop

Sellers who recommend Mitch Harrop have praised them for being clear communication, local expert, responsive, great negotiation, friendly, supportive and stress-free process

  •   4.9   (248 reviews)
  •  70 Reviews in Varsity Lakes
  •  74 Sales in Varsity Lakes
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Ben Williams

Sellers who recommend Ben Williams have praised them for being clear communication, local expert, responsive, great negotiation, honest, friendly and reliable

  •   5   (312 reviews)
  •  9 Reviews in Varsity Lakes
  •  5 Sales in Varsity Lakes
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Karyn O'Dea

Sellers who recommend Karyn O'Dea have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and dedicated

  •   5   (488 reviews)
  •  7 Reviews in Varsity Lakes
  •  6 Sales in Varsity Lakes
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Ben Ratcliffe

Sellers who recommend Ben Ratcliffe have praised them for being clear communication, local expert, friendly, responsive, honest, easy to work with and well-prepared

  •   5   (55 reviews)
  •  5 Reviews in Varsity Lakes
  •  12 Sales in Varsity Lakes
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