Off the Plan & New Apartments for Sale in Varsity Lakes, QLD 4227

New Varsity Lakes Apartments and Real Estate

Know this:

Varsity lakes began as a major man-made lake and land release development.

The suburb now sports various residential accommodation typologies with townhouses and apartments more likely to be built at this late stage.

Originally known as Stephens and having been renamed to Varsity Lakes in 2002, this slice of the Gold Coast has a tonne of waterfront property and sits adjacent to Bond University.

The focus of new development in the area is now on apartments and townhouses.

Varsity Lakes has its own railway station and the journey to Brisbane takes a little over one hour.

The station has very high-quality bus links to nearby amenities such as Robina Town Centre and employment centres in Burleigh Heads as well.

Proximity to Bond University does have an impact on the type of properties that go up for sale with many new apartments being sold with fully furnished packages.

Investors are very active in the area with many apartments put up for rent to students or other residents of Varsity Lakes.

Situated next door to Varisty Lakes is the major Gold Coast shopping centre Robina town Centre.

The centre has hundreds of shops in a modern air-conditioned shopping centre and Robina also boasts a major health precinct as well.

We make it easy for you to find your new dream home or next investment here at Urban

We aim to put you in contact with agents as fast as possible when you are beginning your search for your new home or next investment.

Registering your interest using the forms provided on any of the listings you see on this page will allow us to speed up the process of putting you in contact with a qualified sales professional.

When you are contacted by an agent be sure to discuss the number of bedrooms you require and whether or not you are looking for unfurnished or furnished units or apartments.

In situations where developers are offering off the plan apartments for sale, they will regularly open display suites in order for buyers to inspect the finishes and appliances that will be used in the new apartment or townhouse building.

The process of buying an apartment or townhouse in Varsity Lakes QLD 4227

Buying off the plan real estate is a highly individualised process, however, there are some key milestones that we can outline.  

Interested buyers will often need to first pay a refundable fee (generally $1000) to reserve a specific unit and again, generally speaking, that reservation will be active until such time as a contract for purchase is signed. 

If the buyer elects not to proceed, the reservation fee will be refunded. 

If the buyer elects to proceed with the purchase, broadly speaking, a contract will need to be signed and a 10% deposit (minus the reservation fee already paid) will need to be paid.

Contract signing and taking all the deposits is a key milestone for the developer as, broadly speaking, they will use them as collateral to secure financing for the construction of the new property. 

When construction of the building has been completed, developers will generally contact you and set up a time to complete the settlement of the transaction.

Settlement is the process of exchanging any deeds and it is when you need to have your finances in order so your bank or another financial provider can then pay the developer for your new home.