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Apartment for Sale

1302/3 Main Street Varsity Lakes, QLD 4227

$785k+Floorplan
  • 2 Beds
  • 2 Baths
  • 1 Car

Inspection details

  • Inspection:Thursday
    23July
    12:00pm - 12:30pm
  • Inspection:Saturday
    25July
    12:00pm - 12:30pm
Request an inspection
1302/3 Main Street, Varsity Lakes, QLD 4227

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.

Land:

107m² / 0.03 acres

Parking:

1 garage space

Bedrooms:

2

Bathrooms:

2

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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