417/29-49 VARSITY PARADE

Tranquil and peaceful views of the nature reserve at the western end of Lake Orr. A comfortable and modern two-bedroom apartment situated within the secure Edgewater Residences complex on the north side of Lake Orr. The apartment is walking distance to the Lake Orr walking track, numerous parks including a dog park, public transport, Aldi shopping centre the Varsity Lakes sport house and boat shed and the popular Varsity College Primary and Secondary campus which is Australia's second largest school. Within a longer walk, or a short drive is Bond University, Market Square, Robina Town Centre and Varsity Lakes railway station. There is high demand in this area for rentals, which is why the property is suited to an investor. But don't let that stop you from enquiring if you are looking for a comfortable apartment to live yourself. The facilities within Edgewater Residences are exceptional, with beautiful gardens, a large Gym, BBQ area, 20 meter lap pool, and table tennis games room. Fibre to the home broadband internet is also available via Opticomm retailers with speeds up to 1000mb/s download available. The property is being sold with or without furniture making it a simple process to continue the lease to students and professionals seeking furnished apartments which are in high demand. Important information: Rental appraisal: $950 p/w furnished Existing lease: expiring 24th July 2026 Council rates: $2,792 per year Water rates: $475 per quarter BC Levies: $6,390 per year You can contact the on-site managers at Edgewater Residences Shaun and Amy if you are interested in viewing the apartment. When attending inspections, dial 99 bell at the Edgewater Residences gate to contact the managers office. Then meet at the onsite office next to the pool. Visitor parking available inside complex.