Back 86/251 Varsity Parade
Off Market

86/251 Varsity Parade

Varsity Lakes QLD 4227

2
2
2
140 m²
Apartment
Last sold for $902,000
Mitch HarropMitch Harrop, last sold this property on 04 May 2026 after 47 days on market.

Overview

Spacious 140m² Apartment with Expansive Balcony & Side-by-Side Parking

*** Video Walk Through on Facebook - Varsity Lakes Property Group *** Welcome to 86/251 Varsity Parade, Varsity Lakes, an impressive 140m² apartment within the highly sought-after Reserve complex. Proudly presented by Mitch Harrop & Ben Nantes, this home offers generous proportions, stylish finishes and spectacular outlooks across the Varsity Lakes CBD and hinterland. Perfectly suited for owner-occupiers or investors alike, this beautifully designed residence combines comfort, space and convenience in one of the Gold Coast's most vibrant lifestyle precincts. Upon entering, you are welcomed by a spacious open-plan layout that flows effortlessly between the kitchen, dining and living areas. The modern kitchen is well-appointed with stone benchtops and quality new appliances, providing the perfect space for both everyday living and entertaining. The expansive living and dining zones extend seamlessly onto a large private balcony, creating an indoor-outdoor lifestyle ideal for relaxing or hosting guests. The king-sized master suite offers a true retreat, complete with abundant natural light, generous wardrobe storage and a private ensuite featuring a large shower and luxurious bathtub positioned with windows overlooking the bedroom. The second bedroom is also generously sized, comfortably fitting a queen bed and featuring built-in robes and plenty of sunlight. A spacious main bathroom services the apartment and complements the practical and well-considered layout. Stepping outside, the large balcony showcases sweeping 180-degree views across Varsity Lakes CBD and the picturesque hinterland, providing a stunning setting for morning coffee, sunset drinks or weekend entertaining. Completing the property are two secure side-by-side basement car parks, offering convenience and peace of mind. This outstanding apartment delivers the perfect combination of lifestyle, location and low-maintenance living within one of Varsity Lakes' most desirable residential communities. Boasting Home Features Include: • Bright and spacious 140m² apartment filled with natural light • Two generous sized bedrooms, each with built-in storage • Master bedroom complete with ensuite and walk-in robe • Air conditioning and ceiling fans for comfort throughout the seasons • Open-plan living and dining flowing onto a large private balcony • Modern kitchen with stone benchtops and new quality appliances • Expansive balcony with 180-degree views of Varsity Lakes CBD and hinterland • Two secure, side-by-side underground parking spaces for added convenience Council Rates: Approx. $1,493 bi-annually Water Rates: Approx. $397 per quarter Body Corporate: Approx. $165 per week inc lift fund, insurance, sinking & admin fund levies Rental Appraisal: Approx. $850 - $900 per week Boasting 'The Reserve' Complex Features Include: • 47-meter lagoon pool with sandy beach entry and plunge pool • Private waterfront pavilion with scenic lakeside walking paths • Heated spa and fully equipped gymnasium • Library, infrared sauna and private theatre room • Communal kitchenette and barbecue facilities • Secure gated complex with visitor parking • Onsite management and reception Boasting Location Features Include: • Beautiful lakeside boardwalks right outside the complex • Walking distance to Varsity College and Bond University • Positioned within the vibrant Varsity Lakes CBD precinct • Surrounded by popular cafés, restaurants, chemist and post office • Close proximity to Kings, All Saints, Hillcrest and Gold Coast Christian College • Short drive to Burleigh Heads and the Gold Coast's world-famous beaches Why Choose Varsity Lakes? Varsity Lakes continues to stand out as one of the Gold Coast's premier lifestyle suburbs, offering a unique blend of luxury, convenience, and community. Nestled around the picturesque Lake Orr, it features scenic walking tracks, parks, and vibrant cafés that encourage a relaxed, family-friendly atmosphere. Home to the esteemed Varsity College and within walking distance to Bond University, it's a location that appeals to both families and investors. With easy access to Robina Town Centre, transport links, and the M1, Varsity Lakes represents the ideal balance of lifestyle, connectivity, and long-term value. For more information, contact the Number 1 Agents in Varsity Lakes & Robina, Mitch Harrop & Ben Nantes, 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
140 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 86/251 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 86/251 Varsity Parade

2026
Sold
$902,000
04 May 2026 by Mitch Harrop, of Harcourts Property Hub

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 86/251 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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