1/201 Varsity Parade, Varsity Lakes, Qld 4227

Prime Investment with Long Secure Lease
Positioned in the heart of Varsity Lakes, this spacious and newly renovated 3-bedroom, 2-bathroom apartment offers an exceptional lifestyle or investment opportunity. Featuring brand-new appliances, plush carpet, fresh paint, and energy-efficient LED lighting, this stylish residence is move-in ready.

Located in the vibrant Varsity Central precinct, you’ll enjoy the convenience of being above popular cafés and restaurants, with essential amenities such as beauty clinics, chemists, IGA, and the post office just steps away. Bond University and Varsity College are also within walking distance, making this an ideal choice for students, professionals, or investors seeking strong rental demand.

Key Features:
✔ Fully renovated with new appliances, carpet, paint, and LED lighting
✔ Large open-plan living with a spacious balcony
✔ Master suite privately positioned away from the other bedrooms
✔ Two secure car spaces with individual access + basement storage cage✔ Reliable NBN Fibre to the Node and 5G mobile coverage
✔ Situated within the Varsity College catchment

Secure Lease – High Rental Yield
An exceptional investment opportunity with a secure 4-year lease already in place, offering strong and consistent rental returns:
* Year 1: $850 per week
* Year 2: $870 per week
* Year 3: $895 per week
* Year 4: $925 per week
This is a rare opportunity to secure a modern, low-maintenance investment in one of Varsity Lakes' most sought-after locations.

GCCC Rates: $1025.18 for the 6 month period 01/01/25 - 30/06/25
Body Corp Rates per quarter: Sinking Fund $619.37
Administrative Fund: $1672.29
Insurance: $367.40 

Contact David at Lysted today to arrange an inspection!

Disclaimer: While every effort has been made to ensure the accuracy of this information, neither the agent nor the seller provides any guarantee, warranty, or representation regarding the completeness or accuracy of the details provided. Prospective buyers are advised to conduct their own due diligence and seek independent professional advice before making any purchasing decisions.