1302/3 & 1302a/3 Main Street
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About this property
Savvy investors, take note. This is a rare opportunity to secure two income streams on a single title, meaning you benefit from dual returns while paying only one body corporate levy. Positioned on an elevated third-floor setting with a sunny, east-facing outlook, this property offers ultimate flexibility. Keep one unit for yourself, a family member, or a student, and let the adjoining tenant offset your mortgage-or lease both for an accelerated payoff. With demand for cash-flow-positive properties at an all-time high, this secure, lift-serviced complex delivers an outstanding combined rental expectation of $1,000 per week. Perfectly situated within walking distance to Bond University and complete with an on-site pool and proactive management, this is a smart, safe, and highly lucrative move. The Opportunity Two Units | One Title: Separate front doors ensure complete privacy Outstanding Returns: $1,000 per week combined rental yield Low Outgoings: Body Corporate is approximately $100 per week Property Breakdown -The One-Bedroom Apartment ($600/week) • Layout: 1 bedroom, 1 bathroom, and 1 secure car park • Living: Spacious, air-conditioned living room with 2 ceiling fans for year-round comfort • Kitchen: Full-sized kitchen featuring a fridge, dishwasher, and ample storage space. • Views: Private balcony with stunning easterly views toward Burleigh. • Convenience: Dedicated laundry nook equipped with a washing machine and dryer -The Studio Apartment ($400/week) • Layout: Compact and highly functional 1 bedroom, 1 bathroom • Kitchen: Well-appointed kitchen setup, including a fridge • Views: Private balcony capturing excellent Burleigh views • Climate: Fully air-conditioned • Convenience: New Washing Machine Included Complex Highlights • Prime Location: Easy walking distance to Bond University • Amenities: Lift access and a well-maintained on-site swimming pool • Management: Excellent on-site management team ensuring your investment is well-protected. We are going to auction so all prior offers will be presented! Disclaimer This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 1
- Land Area
- 107 m²
- Listed
- 2 weeks ago
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Neighbourhood
Living in Varsity Lakes
This 2-bedroom apartment in Varsity Lakes, QLD 4227 sits within reach of public transport, local shops and nearby schools.
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 Shore Ave (bus) — 116 m away
- The Hair Boutique — 466 m away
- North Shore Park — 230 m away
- Unnamed — 314 m away
- St Clair Park — 319 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 · Unit 2 bed
Compound growth +11.5% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Varsity Lakes marketSide-by-side analysis
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