20 Castello Circuit
VARSITY LAKES
- 4
- 2
- 2
- 500sqm
Spacious Family Living or Smart Investment in a Prime Location
Positioned in a quiet, family-friendly street just a short 2-minute walk to the water's edge, this well-maintained home presents an outstanding opportunity for investors seeking a solid, set-and-forget addition to their portfolio. Having been a successful investment for many years, the property is currently tenanted by occupants who take great pride in the home, offering immediate rental income and peace of mind.
Inside, the home showcases a fantastic open floorplan, with a huge open plan lounge, kitchen and dining area that forms the true heart of the home. The well-designed large kitchen overlooks the entire living space and features expansive bench space, making it both practical and ideal for modern living. The main living area is also air-conditioned for year-round comfort.
Accommodation includes four generously sized bedrooms, all with fans, while the master features its own ensuite. A combination of tiles and carpet throughout ensures durability and comfort, while solar panels add to the home's energy efficiency.
Outdoors, the fully fenced yard provides a secure space for children and pets. With strong fundamentals, a great layout, and a proven rental history, this is a smart investment in a sought-after location.
Boasting
• Proven investment property with strong rental return of $970 per week
• Current lease in place until 21/10/26 with quality tenants
• Spacious open plan living, dining and kitchen area
• Air-conditioned main living area
• Well-appointed kitchen with expansive bench space overlooking living zones
• Four generous bedrooms, all with ceiling fans
• Master bedroom with private ensuite
• Combination of tiles and carpet throughout
• Internal laundry with practical layout
• Fully fenced yard 500sqm
• Solar panels for improved energy efficiency
• Double lock-up garage with internal access
• Water Rates $1,688.56 (approx.)
• Council Rates $3,980.26 (approx.)
VARSITY LAKES:
Just 10 minutes drive to the beach, Varsity Lakes is a master-planned community designed around scenic Lake Orr. Families are drawn here for it's strong sense of community, expansive parklands and standout local schools and world famous Bond University.
The area offers fantastic infrastructure including shopping hubs like Robina Town Center a 5min drive away, plus major medical and transport access via Varsity Lakes Train Station. Residents also enjoy standout recreation, with top-tier sporting facilities and outdoor fitness zones.
Whether it's lifestyle, education or connectivity you value, Varsity Lakes has it all.
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 vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.


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