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Apartment for Sale in Varsity Lakes
High Yield Dual Income Asset: $1000 PW returns - Walk to Bond
- 2 Beds
- 2 Baths
- 1 Car
Savvy investors, take note. This is a rare opportunity to secure two income streams on a single title, meaning you benefit from dual returns while paying only one body corporate levy. Positioned on an elevated third-floor setting with a sunny, east-facing outlook, this property offers ultimate flexibility. Keep one unit for yourself, a family member, or a student, and let the adjoining tenant offset your mortgage-or lease both for an accelerated payoff.
With demand for cash-flow-positive properties at an all-time high, this secure, lift-serviced complex delivers an outstanding combined rental expectation of $1,000 per week. Perfectly situated within walking distance to Bond University and complete with an on-site pool and proactive management, this is a smart, safe, and highly lucrative move.
The Opportunity
Two Units | One Title: Separate front doors ensure complete privacy
Outstanding Returns: $1,000 per week combined rental yield
Low Outgoings: Body Corporate is approximately $100 per week
Property Breakdown
- The One-Bedroom Apartment ($600/week)
- Layout: 1 bedroom, 1 bathroom, and 1 secure car park
- Living: Spacious, air-conditioned living room with 2 ceiling fans for year-round comfort
- Kitchen: Full-sized kitchen featuring a fridge, dishwasher, and ample storage space.
- Views: Private balcony with stunning easterly views toward Burleigh.
- Convenience: Dedicated laundry nook equipped with a washing machine and dryer
- The Studio Apartment ($400/week)
- Layout: Compact and highly functional 1 bedroom, 1 bathroom
- Kitchen: Well-appointed kitchen setup, including a fridge
- Views: Private balcony capturing excellent Burleigh views
- Climate: Fully air-conditioned
- Convenience: New Washing Machine Included
Complex Highlights
• Prime Location: Easy walking distance to Bond University
• Amenities: Lift access and a well-maintained on-site swimming pool
• Management: Excellent on-site management team ensuring your investment is well-protected.
107m² / 0.03 acres
1 garage space
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This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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