63/228 Varsity Parade
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About this property
Currently rented for $615 per week until June 2027 and positioned in one of the Gold Coastâs most tightly held and high-demand rental pockets, this fully furnished one-bedroom apartment within the highly regarded Chancellor Executive Apartments presents an exceptional opportunity for investors seeking value and strong reliable returns. Set just moments from Bond University, this property enjoys consistent year-round demand from students, professionals, and corporate or holiday guests alike. Whether youâre looking to expand your portfolio or secure a low-maintenance, income-generating asset, this versatile apartment ticks every box. Step inside to discover a thoughtfully designed layout that combines comfort, functionality, and modern style. The generous bedroom is complemented by a walk-in robe, while the sleek bathroom showcases quality stone finishes. A contemporary kitchen fitted with stainless steel appliances flows seamlessly into the living space, enhanced by air conditioning for year-round comfort. Offered fully furnished, this is a true turnkey investmentâready to generate income from day one. Residents and guests enjoy access to an impressive suite of resort-style amenities, including a sparkling swimming pool, fully equipped gym, BBQ entertaining area, and a sophisticated executive foyerâcreating an appealing lifestyle that keeps occupancy rates high. Currently rented for $615 per week until June 2027. Property Features ⢠Spacious bedroom with walk-in robe ⢠Stylish bathroom with premium stone finishes ⢠Air-conditioned for comfort in every season ⢠Modern kitchen with quality stainless steel appliances ⢠Private internal laundry ⢠Fully furnished for immediate rental return ⢠Secure car space ⢠Lift access for added convenience Resort-Style Amenities ⢠Swimming pool ⢠Fully equipped gymnasium ⢠BBQ and outdoor entertaining area ⢠Grand executive-style foyer Prime Location Enjoy the ultimate convenience of a central Varsity Lakes address: ⢠Easy walk to Bond University ⢠Walking distance to local shops, cafes, and public transport ⢠Just minutes to Robina Town Centre ⢠Only 10 minutes' drive to gold coast beaches Investment Highlights ⢠Strong rental returns of approximately $640 per week ⢠Consistently high occupancy rates year-round ⢠Preferred accommodation for Bond University and conference guests ⢠Flexible rental options: long-term, short-term, or personal use between stays ⢠Long-term tenant currently in place (lease until June 2027) ⢠Low-maintenance asset in a blue-chip rental location ⢠Approx Body Corp per week $140 This is a rare opportunity to secure a high-performing investment in one of the Gold Coastâs most sought-after precincts. With strong demand, excellent returns, and lifestyle appeal, this property offers value, immediate income and long-term growth potential. Disclaimer In preparing this information, REMAX Regency has used its best endeavours to ensure the information is true and accurate. We accept no responsibility for any errors, omissions, or misstatements. Prospective buyers should make their own enquiries to verify all details.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 66 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Varsity Lakes
This 1-bedroom apartment in Varsity Lakes, QLD 4227 sits within reach of public transport, local shops and nearby schools. It is listed 38% below the $969,000 median of 58 comparable apartmentswithin 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
- Varsity Pde at Assembly Drive (bus) — 166 m away
- BarberLife — 12 m away
- Messel Place Park — 132 m away
- Watts Drive Park — 137 m away
- Varsity Promenade — 138 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 1 bed
Compound growth +15.7% / yr over 4 yrs
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Full Varsity Lakes marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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