SoldApr 13, 2026

201/251 Varsity Parade, Varsity Lakes, QLD, 4227

$1,300,000

4
2
2
195 m²

Apartment

30+ days on the market

Sold: Apr 13, 2026

What's around 201/251 Varsity Parade

Under Instructions to SELL..... Waterfront Sub Penthouse!

Welcome to something truly special at The Reserve Apartments - one of the Gold Coast's most tightly held resort-style addresses, perfectly positioned in the vibrant heart of Varsity Lakes. If you've ever dreamed of living somewhere that feels like a permanent holiday, this is it. The Sub-Penthouse This residence is one of only 20 in the complex - a rare four-bedroom sub-penthouse with north-east water views over Lake Orr. For investors, the fundamentals are equally compelling. With Bond University at your doorstep and strong executive demand in the area, the anticipated rental return of approximately $1,500-$1,700 per week positions this as a blue-chip addition to any portfolio. Property Details • North-east aspect with water views • Brand New Kitchen (Feb 2026) with soft-close drawers, a chic Franke Sink with a matching mixer, including Bosch appliances • 4 Bedrooms- all with built-in robes • 2 Bathrooms • Combined Laundry & Powder Room • 2 Side-by-Side Car Spaces • Secure Basement Storage Room- ideal for bikes, surfboards or anything you can imagine • Freshly Painted Interior • Luxurious New Zealand wool carpets • Option to convert Laundry into a third bathroom Outgoings: Body Corporate $139 per week approx Water $350 per quarter approx Rates $1,111.21 approx 145 sqm living & carparks and storage 40sqm = 195 sqm approximately.

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