*** ACCESS TO INSPECTIONS FROM LAKE STREET ENTRANCE ***
CALLING ALL INVESTORS – Great Investment Opportunity, Leased until Aug 2026 @ $650 per week
Welcome to 89/98 University Drive, Varsity Lakes, a spacious one-bedroom top-floor apartment with lift access, that perfectly combines comfort and convenience. Proudly presented by Mitch Harrop and Ben Nantes, this beautifully maintained apartment is positioned in one of Varsity's most sought-after complexes, offering an exceptional living experience in a prime location, just moments away from local amenities and the vibrant lifestyle of Varsity Lakes.
Step inside to discover a bright, open-plan layout designed to capture natural light and cooling breezes year-round. The living and dining spaces flow seamlessly onto a large entertainer's balcony, where you can relax and enjoy picturesque Burleigh Headland and Hinterland views. A functional kitchen provides ample storage, while the air-conditioned living area and handy study nook make everyday living easy.
With reliable tenants in place until August 2026, this apartment is being sold fully furnished, making it a fantastic ready-made investment opportunity in a prime Varsity Lakes location. Perfectly positioned close to public transport, Bond University, Lake Orr board walks, and all amenities, this bright and breezy one-bedroom apartment offers the ultimate in low-maintenance living, all while enjoying some of the best views the Gold Coast has to offer.
Boasting Home Features Include:
• Spacious 88m2 top-floor apartment with lift access, elevated breezes, and stunning Hinterland views
• Bright, airy open-plan living and dining area flowing seamlessly to a large entertainer's balcony
• Perfect for relaxing or enjoying some of the Gold Coast's most beautiful sunsets
• Located in a highly sought-after complex, just a few minutes' walk to Varsity Lakes cafes, restaurants, and Bond University
• Ideal investment opportunity with tenants in place until August 2026
• Large balcony providing extra space for entertaining or unwinding
• Air-conditioned living area for year-round comfort
• Study nook for working or studying from home
• Well-maintained with quality floorboards throughout
• Generous master bedroom with ensuite
• Functional kitchen with ample storage
• Lock-up-and-leave lifestyle with no garden or lawn maintenance
• Internal laundry, dishwasher, and air-conditioning included
• Sold fully furnished for a ready-made investment or easy move-in
Council Rates: Approx. $1,475 bi annually
Water Rates: Approx. $400 per quarter
Body Corporate Fees: Approx. $104 per week
Rental Appraisal: Approx. $600 - $680 Per Week
Boasting Complex Features Include:
• New pool area with separate spa
• Gymnasium
• Two shared BBQ areas
• Owners Lounge
• Manicured grounds
• On-site Manager
Why Choose Varsity Lakes?
Varsity Lakes is one of the Gold Coast's most sought-after suburbs, offering a perfect blend of lifestyle, convenience, and investment potential. Centered around the scenic Lake Orr, it boasts stunning waterfront homes, walking tracks, and an abundance of parks that create a relaxed, family-friendly environment. The suburb is home to the highly regarded Varsity College, along with close proximity to Bond University, making it ideal for families and investors alike. Residents enjoy easy access to major shopping at Robina Town Centre, local cafés, restaurants, and gyms, while excellent transport links via Varsity Lakes train station and the M1 motorway connect seamlessly to Brisbane and the wider Gold Coast. With strong property growth, high rental demand, and a vibrant community spirit, Varsity Lakes delivers the best of both lifestyle and long-term value.
For more information, contact the Number 1 Agent in Varsity Lakes & Robina, Mitch Harrop today!
Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.