CIENNA VARSITY RIDGE - 2 BEDROOM MODERN APARMENT

EXPRESSIONS OF INTEREST

Apartment real estate, Varsity Lakes QLD

CIENNA VARSITY RIDGE -INVESTOR SPECIAL - Leased until 08/08/2026 (Rent will increase to $850/week) - 2 Bedroom 2 Bathroom Modern Apartment

Located in the stunning Cienna Varsity Ridge Building, this modern residential apartment offers a comfortable and convenient lifestyle and contemporary living in this 2-bedroom, 2-bathroom apartment with modern amenities and stylish design.
Cienna Varsity Ridge is a State-of-the-Art Apartment building with advanced security systems. This apartment has keyless entry via Cienna's innovative access app, air conditioning, ceiling fans, and a spacious 99m layout for comfortable open plan living.
The building facilities include a gymnasium, swimming pool, fabulous recreation lounge and outside dining areas with BBQs. There is also an on-site caf in the building for you to grab your morning coffee on your way to work.
Conveniently located within walking distance of Bond University, Varsity Lakes central shops, and Varsity Secondary College, ensuring high demand and consistent rental appeal.

Property Features
* Kitchen with modern appliances including Dishwasher & Microwave
* Master bedroom with built in wardrobe, ensuite, air-conditioning
* Open plan living and dining area overlooking the large private balcony
* Air conditioning for year-round comfort
* Spacious bedrooms with built-in wardrobes
* Stylish bathrooms with contemporary fittings
* Basement garage for parking convenience
* Close proximity to Bond University, schools, shops, restaurants & public transport
* Currently tenanted until 18/11/2026
* Rental appraisal of $850.00 per week
* Low Body Corporate

Varsity Lakes is home to so many great schools, Bond University and plenty of eateries. There are great sporting facilities, scenic walks and cycle ways close by. You are also close to all the other great attractions and amenities the Gold Coast has to offer.
Prime Investment Opportunity: With its modern features, strategic location, and strong rental yield, this property represents a solid investment in a thriving community. With its unbeatable location, contemporary features, and lucrative returns, this apartment is an ideal addition to your investment portfolio.

Don't miss out on this fantastic opportunity to secure this valuable asset and capitalize on the vibrant lifestyle it offers! This is a fantastic opportunity to own this modern apartment in the heart of Varsity Lakes.
Contact us today to arrange a private viewing!

INSPECTIONS BY APPOINTMENT ONLY!

More Information

Property Overview

Category: Apartment
Details: 2 2 1
Price: EXPRESSIONS OF INTEREST
Area: 99m2

Property Features

Gym
Balcony
Intercom
Air Conditioned
secureParking
dishwasher
builtInRobes
broadband

Investment Information

Gross Return: $ 39550
_{How much does the property return in rent per year.}

Net Return: $ (not disclosed)
_{How much does the property return after all management expenses are deducted.}

Yield: 4.35%
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ 4400

Rates PA: $ 3000

Management Fee: 7%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}