70/98 University Drive , VARSITY LAKES , 4227 , Queensland

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For sale


Best Valued One Bedroom Apartment in Varsity - Perfect Investment Property!

Property ID: 18622002

Now is the perfect time to invest into this fully furnished oversized one bedroom apartment within a much sought-after complex. Only a few minutes walk to the restaurants and cafes of Varsity Lakes CBD and Bond University, and only a short drive to Mermaid and Burleigh beaches, these apartments are never vacant and will generate a solid rental return for years to come!

Highlights of this great investment property include:

- Fully furnished with tenant in place paying $365 per week in rent – Current lease expires at the end of 2018

- Large bedroom with two way en-suite

- Single secure parking

- Air-conditioning & dishwasher

- Open plan living area with study area

- Huge balcony off the living area

- Functional kitchen with ample storage space

- No garden or lawn maintenance

- Lift access

Complex Amenities include:

- On-site Management

- Two shared BBQ areas

- Pool with separate spa

- Gymnasium

Not a thing to do and collect rent from Day 1 – this is a fantastic property to add to your investment portfolio!! Phone today to arrange a private viewing.

Print brochure

Subject: 70/98 University Drive, VARSITY LAKES, 4227, Queensland

Raine & Horne Onsite Sales


Phone 07 3399 1944
Fax 07 3899 8688

View Raine & Horne Onsite Sales Inspection Times


Carolyn Noble

0416 296 888


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R&H Suburb Profile: Varsity Lakes

R&H Suburb SummaryHouses
Number of sales 147
Average Price $625,796
Median Price $610,000
Median Rental Price $550 p.w.
Change in Rental Rate (5yr) 22 %
R&H Suburb SummaryUnits
Number of sales 584
Average Price $451,981
Median Price $447,450
Median Rental Price $460 p.w.
Change in Rental Rate (5yr) 10 %
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