209/29-49 Varsity Parade, Varsity Lakes QLD 4227

Presenting an expansive and contemporary apartment nestled within the secure confines of the Edgewater Residences complex.

This thoughtfully designed apartment boasts high ceilings throughout, accentuating its spaciousness, and features a layout that ensures privacy, with a bedroom and bathroom positioned at each end. The generously proportioned lounge area is bathed in natural light streaming in through the floor-to-ceiling windows and sliding doors of the two adjoining balconies.

This property presents an outstanding investment opportunity, offering a rental return of approximately $800 per week, equating to a solid 6% rental yield.

Key features include:

• Two spacious bedrooms, including a master with walk-in robe and en-suite
• Main bathroom with a relaxing bath
• Modern kitchen complete with sleek stone bench tops and dishwasher
• Two allocated car spaces along with a convenient storage shed
• Comfortable living ensured with air-conditioning and ceiling fans
• Easy access to the complex pool and other amenities
• Easy access to the apartment from the basement or directly from Varsity Parade
• Enjoy the modern building and facilities, only 10 years old
• Pet-friendly (Subject To Body Corporate Approval)

Body corporate: $100 a week approx
Council rates: $2,000 per year approx
Rental return: $800 per week approx

Edgewater Residences also boast exceptional facilities, including lush gardens, a fully equipped gym, inviting BBQ area, a 25-metre lap pool, and a vibrant table tennis games room.

This prime location offers easy access to the picturesque Lake Orr walking track and parklands, public transportation, Aldi shopping centre, the Varsity Lakes sports house and boat shed, and the esteemed Varsity College Primary and Secondary campuses – Queensland's largest independent school.

Additionally, within a leisurely stroll or a short drive lies Bond University, Market Square, Robina Town Centre, and Varsity Lakes railway station.

The seller's circumstances have changed, presenting an unmissable opportunity for astute buyers to purchase. Don't delay, seize this fantastic opportunity today. Contact Sarah Drew on 0444 555 144 to arrange an inspection or to obtain further information.