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201/251 Varsity Parade Varsity Lakes, QLD 4227

Sold for $1,300,000 on 13 Apr 2026Floorplan
  • 4 Beds
  • 2 Baths
  • 2 Cars
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201/251 Varsity Parade, Varsity Lakes, QLD 4227

Apartment in Varsity Lakes

Under Instructions to SELL… Waterfront Sub Penthouse!

  • 4 Beds
  • 2 Baths
  • 2 Cars

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.

Building:

195m²

Parking:

2 garage spaces

Bedrooms:

4

Bathrooms:

2