1/9 Magenta Drive
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About this property
I love options and well, this 4 bedroom, 2 bathroom townhouse really allows you to grow into the home or utilise it to create some extra $$'s . Let me explain…. There are two over-sized bedrooms, both with views, one having a big balcony with stunning views, and the other with a renovated ensuite, room for a couch, views and with a completely separate access on the side, which allows you to have someone rent the space, whilst you live in the rest of the house. With Bond University down the road, a nice quiet student prepared to pay some big dollars to fund your mortgage and financial growth doesn't sound so bad….does it? There are also two more bedrooms upstairs and a renovated bathroom to round out upstairs. Downstairs, a nice living, dining and kitchen area, as well as laundry, oversized double garage (with storage) and a powder room complete the internal area of the home, perfectly complimented by nice high ceilings. There's a fantastic indoor/outdoor feel, with the outside entertaining area flowing straight from the living area and really allowing you to enjoy entertaining or just lazing, only meters from the kitchen. On top of that and to round out the home itself, there is room for 4 extra cars with off street parking on the driveway and a 5kw solar system. The street is quiet and in a cul-de-sac, meaning no through traffic and safety for kids. Just a short walk away is a big surprise. Lake Orr is so understated and really offers locals a lifestyle that neighbouring suburbs can't. Bike riding, sunset walks on water, morning jogging routes, picnic areas and parks to hold parties. Burleigh Heads and Beach, Robina Town Centre, Bond University, The M1 Motorway are within minutes by car and Varsity Colleges (primary and high schools) are minutes on foot or push bike. Oh yeah, and there's a behemoth Coles just near too! (plus a bus stop up the top of the hill, a park nearby for kids and dogs, some funky restaurants a short walk away……..I really could go on but you'll never stop reading …I'll tell you in person ;) I genuinely love this home and the lifestyle it has to offer, so Contact me on 0475 046 561. Highlights: • 4 bedroom/2 bathroom townhouse with huge double garage • Potential dual occupancy with large master with own access on the side • Renovated bathrooms • Great rental potential • 4 car off street parking • Air Conditioning • 5kw solar • Cosy outdoor entertaining close to kitchen • A complex of only 4 townhouses • Fantastic investment in a high growth area • Very well maintained • Minutes to Lake Orr, Varsity College Primary and Senior Schools, Bond University, the M1 Motorway, Robina Hospital, Robina Town Centre, parks, bus stops and Burleigh Beach! POTENTIAL INCOME: Rental potential: $1000 - $1100 per week (approx) Rental potential - potential dual dwelling: $400 -$450 per week (approx) Airbnb/Stayz: $200-$550 per night (entire home - depending on season) Airbnb/Stayz: $120-$220 per night ( potential dual occupancy - depending on season) SCHOOL CATCHMENT ZONE: Varsity College Primary School Varsity College Senior School Bond University Hillcrest College Somerset College Kings College DISTANCES: Bus Stop - 50 m Local Shopping Centre - 250 m Major Shopping Centre - 3.3 km Primary School - 750 m High School - 1.2 km Parkland/Waterfront - 100 m Highway - 6.3 km Train Station - 3.9 km Beach - 7.8 km DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate; however, accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property Details
- Property Type
- townhouse
- Listing Type
- Sold
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 2
- Listed
- 3 months ago
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Neighbourhood
Living in Varsity Lakes
This 4-bedroom townhouse in Varsity Lakes, QLD 4227 sits within reach of public transport, local shops and nearby schools. It is listed 5% below the $1.15m median of 62 comparable townhouseswithin 5 km.
Schools near Varsity Lakes
- Mastery Schools Australia - Varsity Lakes Campuscombined
- Varsity Collegecombined · Prep-12 · CoEd
- Arcadia College - Varsity Lakes Temporary Facilitysecondary
What's nearby
- University Dr near Varsity Pde (bus) — 105 m away
- Aldi — 631 m away
- North Shore Park — 181 m away
- Unnamed — 210 m away
- Varsity Foreshore Parklands — 326 m away
Varsity Lakes at a glance
Full suburb profile- Population
- 16,493
- Median age
- 36
- Household income
- $1,646/wk
- Median rent
- $490/wk
- Median mortgage
- $1,842/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Varsity Lakes price trend
Median sold · House 4 bed
Compound growth +9.2% / yr over 4 yrs
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Full Varsity Lakes marketThis listing
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