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Varsity Lakes QLD

$329,000 to $600,000

3
2
2

“INVEST OR DOWNSIZE & BUY BRAND NEW”

This waterfront development is one of the most affordable new projects on the Gold Coast and offers the astute investor a prime opportunity.

Open plan living and are up to 20% larger than comparable Apartments in the nearby vicinity and is the only development to offer such a selection of floor plan configurations. The boutique buildings within the development are strategically positioned on angles that maximise view corridors from each apartment.

True lifestyle offering. Residents will enjoy beginning their day with a morning stroll along the Lake Orr boardwalk through the manicured gardens or by having a morning paddle.

Pricing:
• 1 bedroom, 1 bathroom, 1 car park (71m2) from $329,000 on level 2.
Rent appraisal $370 per week

• 1 bedroom plus study, 1 bath, 1 car park (77-109m2) from $365,000 including a $7,000 furniture pack and blinds.
Rent appraisal $380 unfurnished/$430 furnished

• 2 bedrooms, 2 bathrooms, 1 car park with basement storage from $439,000 (107m2)

• 3 bedrooms, 2 bathrooms, 2 car parks with basement storage from $529,000 (129m2)

Current promotion:
• 12 month rental guarantee at 6% Gross rental yields currently being achieved: 5.8-6.5%
• Varsity Lakes Vacancy Rate has now reduced to .7% (extremely low rental vacancy, lower than Australia’s capital Cities)
• Apartments are up to 20% larger than other new apartments in the area for the same price and more facilities

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