149 Varsity Parade, Varsity Lakes QLD 4227

Don't miss this rare investment opportunity in a high-demand location! Offering multiple income streams, this versatile property is perfect for work-from-home professionals or savvy investors looking to lease out fully self-contained living spaces.

Key Features:
• Dual Occupancy Property: Comprising a studio, a 1-bedroom unit, and a dedicated business space.
Studio Space: Includes a kitchenette, bathroom, living and bedroom area, plus laundry facilities.
1 Bedroom Unit: Features a kitchen, living/dining area, bathroom, laundry facilities, and a spacious bedroom.
- Both spaces are air-conditioned with ceiling fans, and the property can be fully furnished upon negotiation. It also offers secure, separate rear street access via a laneway.
- Estimated Rental Return: $450 per week per studio, making this an excellent high-yield investment opportunity.

• Dedicated Business Space:
- Designed with partitioned office nooks and plenty of natural light.
- Includes a full kitchen, powder room, air conditioning, ample storage, and a private courtyard.
- Security system and street signage approval provide great visibility and convenient access for clients.

Additional Features:
• Single Garage + Visitor Parking: Convenient for both residents and clients.
• Solar System & Electric Hot Water: Energy-efficient utilities to save on costs.
• Low Body Corporate Fees: Approximately $20 per week, leaving more cash in your pocket to enhance your investment.

Location Highlights:
• Walking Distance to Local Amenities: Enjoy the convenience of being close to the lake, shops, and a popular local café.
• Future Growth Potential: A Coles supermarket is set to be built nearby, further boosting the area's appeal.

Whether you choose to live, work, or lease, this property's flexible layout and prime location offer endless potential for a profitable lifestyle.

Auction Sale. Act now and secure your slice of this high-profile, income-generating opportunity!

Auction- In Rooms 20th February Robina Event Centre