Positioned within a tightly held boutique complex of just 11 residences and backing directly onto a peaceful nature reserve, this spacious four-bedroom townhouse presents an outstanding opportunity to secure a quality investment in one of the Gold Coast's most tightly held and consistently high-performing rental markets.
Recently leased and already generating an impressive $900 per week, the property is offered with secure tenants in place until 28 June 2027, providing immediate rental income and peace of mind from day one. Whether you're looking to expand your portfolio or secure a low-maintenance investment with strong long-term growth potential, this property delivers on every front.
Designed for effortless living, the light-filled floorplan offers multiple indoor and outdoor living spaces, generous accommodation and private courtyards that continue to attract quality long-term tenants.
Investment Highlights:
- Currently leased at $900 per week
- Fixed tenancy in place until 28 June 2027
- Immediate rental income from settlement
- Boutique complex of only 11 townhomes
- Strong rental demand in one of the Gold Coast's most sought-after investment suburbs
- Excellent long-term capital growth potential
- Low-maintenance asset with minimal ongoing holding costs
- Appeals to families, professionals, university staff and students alike
Property Features:
- Four generous bedrooms with built-in wardrobes
- Spacious master suite with private balcony, walk-in robe, air conditioning and modern ensuite
- Family bathroom upstairs plus convenient powder room downstairs
- Contemporary timber-look kitchen with stainless steel appliances and dishwasher
- Spacious open-plan living and dining flowing seamlessly to private front and rear courtyards
- Large covered alfresco entertaining area overlooking peaceful natural surrounds
- Air conditioning, ceiling fans and security screens throughout
- Separate laundry, generous linen storage and ample cupboard space
- Automatic single lock-up garage with internal access plus an additional exclusive parking space
- Landscaped front courtyard with private street-front gated entry
- Pet-friendly complex (subject to body corporate approval)
- Prime Varsity Lakes Location
Located just moments from Lake Orr's walking and cycling trails, Bond University, Varsity College, Varsity Lakes CBD, shopping centres, cafes, restaurants, public transport, sporting facilities and medical services, this is a location that continues to experience exceptional tenant demand year after year.
With a quality tenant already secured through to 28 June 2027, strong weekly rental income of $900, and excellent long-term growth prospects, this is a genuine set-and-forget investment opportunity in one of the Gold Coast's most desirable suburbs.
Entrance via Mulgrave Crescent.
Contact Jarrod or Ray Pienaar today to arrange your inspection.
Jarrod Pienaar - 0414497689
Ray Pienaar – 0414 380 698
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.
