Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back

8, 240 Varsity Parade, Varsity Lakes, QLD, 4227

+27 Photos
/
Images
Video
Close

8, 240 Varsity Parade, Varsity Lakes, QLD, 4227

Varsity Lakes

×
+29 Photos

8, 240 Varsity Parade, Varsity Lakes, QLD, 4227

Varsity Lakes

8, 240 Varsity Parade, Varsity Lakes, QLD, 4227

8, 240 Varsity Parade, Varsity Lakes, QLD, 4227

Properties / Buy / Queensland / Varsity Lakes
Tenanted Investment
Selling Method
Auction
Selling Details
Auction Wednesday 3rd September 11:00am
Land Area
92 m² (*approx)
Floor Area
92 m² (*approx)
Property Type
Retail, Offices, Health/Medical
Terms
7 years - 2 x 7 years option
Est. Income
$54,332 p/a
Fully Leased
Blackboard Varsity
Show All
Iconic Tenanted Investment in Tightly Held Lifestyle Precinct | Extremely Motivated Seller
  • Rental income of $54,331.92 + gst p.a.
  • Lease term 7 years - 2 x 7 years option
  • Fixed annual increases of CPI%

Jared Johnson & Taylor Jones from Coastal Commercial are delighted to present an exceptional opportunity for astute investors looking for a perfectly positioned Commercial asset with a long-standing, quality tenant.

Located in the vibrant heart of Varsity Lakes, this blue-chip investment is walking distance to highly acclaimed Bond University (5,625 enrolled students in 2024), major arterial roads, public transport links and an array of popular restaurants, and boutique retailers.

The sellers are extremely motivated and will entertain all cash unconditional offers prior to Auction. If not sold prior, the property will be sold via Public Auction 11:00am on Wednesday the 3rd of September at Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach.

• The property offers the following rarely available investment highlights:

• 92m2 NLA

• Rental income $54,331.92 p.a. plus outgoings

• 7 years with 2 x 7 year options

• Great value for money investment

• Highly desirable ground floor, street fronting tenancy with exposure to street

• Tenanted by popular tenant 'Blackboard Varsity'

• High quality fit-out

• Long standing quality local business as tenant

• CPI% annual rental increase

• 4 x exclusive use car parks at the rear of the premises

• Ample street parking

• Disabled access

Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

240 Varsity Parade Investment Summary

Property Type
Retail, Offices, Health/Medical
Est. Income
$54,332 p/a
Tenant
Blackboard Varsity
Terms
7 years - 2 x 7 years option
Land Area
92 m² (*approx)
Floor Area
92 m² (*approx)
Selling Method
Auction
DATAROOM AVAILABLE
Gain Access
Auction Date
3 Sep 2025 11:00AM
Selling Details
Auction Wednesday 3rd September 11:00am

Investment Highlights

Iconic Tenanted Investment in Tightly Held Lifestyle Precinct | Extremely Motivated Seller
  • Rental income of $54,331.92 + gst p.a.
  • Lease term 7 years - 2 x 7 years option
  • Fixed annual increases of CPI%

Jared Johnson & Taylor Jones from Coastal Commercial are delighted to present an exceptional opportunity for astute investors looking for a perfectly positioned Commercial asset with a long-standing, quality tenant.

Located in the vibrant heart of Varsity Lakes, this blue-chip investment is walking distance to highly acclaimed Bond University (5,625 enrolled students in 2024), major arterial roads, public transport links and an array of popular restaurants, and boutique retailers.

The sellers are extremely motivated and will entertain all cash unconditional offers prior to Auction. If not sold prior, the property will be sold via Public Auction 11:00am on Wednesday the 3rd of September at Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach.

• The property offers the following rarely available investment highlights:

• 92m2 NLA

• Rental income $54,331.92 p.a. plus outgoings

• 7 years with 2 x 7 year options

• Great value for money investment

• Highly desirable ground floor, street fronting tenancy with exposure to street

• Tenanted by popular tenant 'Blackboard Varsity'

• High quality fit-out

• Long standing quality local business as tenant

• CPI% annual rental increase

• 4 x exclusive use car parks at the rear of the premises

• Ample street parking

• Disabled access

Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

Finance Calculator

8, 240 Varsity Parade, Varsity Lakes, QLD, 4227

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:

Property price based on our
internal data modelling and market trends.

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
$xxx,xxx
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: queensland
Indicative rate for queensland. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO queensland for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 8, 240 Varsity Parade, Varsity Lakes, QLD, 4227

Property Map
8, 240 Varsity Parade, Varsity Lakes, QLD, 4227 Varsity Lakes
Enquire
calculator-icon Yield Calculator
calcultor-icon Yield Calculator