31
Lakeridge
Drive
varsity lakes
QLD,
4227
Sold for $1,300,000
Varsity Lakes Gem — Big Block, Big Potential
Welcome to 31 Lakeridge Drive — a neatly presented single-level home positioned on a generous 652m² flat block in one of Varsity Lakes' most convenient locations. Perfectly suited to first home buyers, downsizers, or renovators seeking to unlock potential, this property offers solid foundations and endless opportunity to add value.
This home features three well-proportioned bedrooms, including a master with ensuite, and two beautifully renovated bathrooms showcasing stylish modern finishes. The expansive yard provides ample room for kids, pets, or future extensions, while the low-maintenance block ensures easy day-to-day living.
With desirable side access, a double lock-up garage, and a quiet family-friendly street just moments from Frascott Park, this residence blends comfort, practicality, and long-term potential in an unbeatable location.
Features:
• Three bedrooms including master with ensuite
• Two fully renovated bathrooms with contemporary finishes
• Ideal single-level layout appealing to all ages and stages
• Flat, fully usable 652m² block with a fully fenced yard — ideal for kids and pets
• Side access for boat, trailer, or additional storage
• Double lock-up garage
• Low-maintenance grounds with scope to enhance or expand
• Solid brick construction — the perfect blank canvas for modern updates
• Rental Appraisal $1,000 - $1,100 Per Week
Prime Location:
• 5 minutes to Bond University
• 9 minutes to Burleigh Heads Beach
• 7 minutes to Robina Town Centre
• Frascott Park, just a short stroll from your doorstep
Set in a tightly held enclave of Varsity Lakes, 31 Lakeridge Drive represents a rare opportunity to secure a quality home with outstanding potential in one of the Coast's most convenient and family-oriented pockets.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Agents
Nearby Schools
About varsity lakes
median House price
1380000suburb growth
16.9%median House rent
950suburb rental yield
3.6%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.