228 Varsity Parade Varsity Lakes QLD 4227

Shop & Retail
1,059 m²
For Sale, Contact Agent

Fully Leased Convenience Centre in Varsity Lakes

Secure income profile
Diverse tenancy mix
111 basement car bays

A 1,059 sqm fully leased convenience centre with a strong history of trading and tenant retention, featuring a diverse mix of 12 specialty tenants offering food and beverage, health and beauty, and office services.

Positioned in the heart of the Varsity Lakes business district only 11km* from Surfers Paradise with convenient access to a broad range of social amenity and public transport. Located between Bond University and Varsity College, the property benefits from a bustling catchment area.

With a prominent street presence and signage along Varsity Parade, it offers access to 111 secure basement car bays, enhancing convenience and accessibility. This passive and extremely secure investment is situated in a high-growth business and lifestyle precinct, surrounded by education and healthcare services.

The property generates a net income of $590,000* per annum with rent reviews of between 3% and 4% and presents value-add potential.

(All areas, distances, outlines, locations are approximate only)

CBRE Gold Coast

Level 18, 50 Cavill Avenue

Surfers Paradise, QLD 4217

Property Highlights

Floor Area	1,059 m²
Land Area	5,380 m²
Parking	111 x Onsite parkings
Annual Return	Ask Agent
Availability	Tenanted
Property ID	2019739481
Category	Shop & Retail
Last updated	28 Mar 2025

Map for 228 Varsity Parade Varsity Lakes QLD 4227

Nearest transport* to 228 Varsity Parade Varsity Lakes QLD 4227

Bus

Train

Tram

Ferry

Lake St near Central Park Dr	154 m
Varsity Pde at Assembly Drive	162 m
Lake St near Central Park Dr	165 m
Varsity Pde at Assembly Drive	186 m

*Within a 4km radius

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CBRE Gold Coast

Level 18, 50 Cavill Avenue

Surfers Paradise, QLD 4217

Property Highlights

Floor Area	1,059 m²
Land Area	5,380 m²
Parking	111 x Onsite parkings
Annual Return	Ask Agent
Availability	Tenanted
Property ID	2019739481
Category	Shop & Retail
Last updated	28 Mar 2025

Co-Agents

Mark Witheriff

CBRE Gold Coast

CBRE Gold Coast

More about 228 Varsity Parade Varsity Lakes QLD 4227

228 Varsity Parade Varsity Lakes QLD 4227 is categorized as Shop & Retail Property. It has a floor area of 1,059 m² and a land area of 5,380 m². There are 111 x onsite parkings.The listing ID for this property is 2019739481.