Looking for a two-bedroom apartment in Varsity Lakes with views, a generous balcony, secure parking and resort-style facilities? Or perhaps you're searching for an investment property near Bond University with an estimated rental return of around $830 per week?

Apartment 40509 at Cienna Varsity Ridge offers 97m2 of apartment living on the 5th floor, combining a south-east aspect, views across Varsity Lakes and a convenient location close to shops, cafés, transport and university facilities.

A practical layout with an elevated outlook;

The open-plan living and dining area connects to a modern kitchen featuring stone benchtops, quality appliances and ample storage. The generous balcony extends the living space outdoors, providing a place to enjoy your morning coffee, take in the outlook or unwind at the end of the day.

The apartment includes two well-proportioned bedrooms, two bathrooms and a secure basement car space, making it an option for buyers wanting a low-maintenance home without sacrificing space or convenience.

Positioned on the 5th floor, the apartment enjoys views across Varsity Lakes. While it doesn't offer the same elevated outlook as the upper-floor apartments, it still provides an appealing aspect and a connection to the surrounding area.

What is there to enjoy at Cienna?

Residents have access to a range of facilities designed to make everyday living more enjoyable, including a swimming pool, gymnasium, landscaped gardens, residents' lounge, dog facilities and rooftop entertaining areas.

Whether you're looking to relax at home, stay active or enjoy shared entertaining spaces, Cienna offers more than just an apartment.

How close is it to Bond University, shops and transport?

Located in Varsity Lakes, Cienna is close to Bond University, Coles, local cafés and the walking paths around Lake Orr. Public transport, Robina Town Centre and the Gold Coast's beaches are also within easy reach.

The location may appeal to university students, parents purchasing accommodation for a student, professionals working locally and buyers wanting convenient access to shopping, recreation and transport.

Could this apartment suit an investor?

For investors, the combination of two bedrooms, two bathrooms, secure parking and proximity to Bond University and local amenities makes this property worth considering.

The current rental appraisal is approximately $830 per week. At that rate, the apartment could generate an estimated $43,160 in gross rental income annually, before body corporate fees, council rates, insurance, maintenance, vacancy and other ownership expenses.

The rental figure is an estimate only, is subject to market conditions and is not a guarantee of future income.

Property features at a glance:

• 97m2 apartment
• Two bedrooms and two bathrooms
• 5th-floor position
• South-East aspect with views across Varsity Lakes
• Open-plan living and dining
• Modern kitchen with stone benchtops and ample storage
• Generous balcony
• Secure basement car parking
• Swimming pool, gymnasium and landscaped gardens
• Residents' lounge, dog facilities and rooftop entertaining areas
• Close to Bond University, Coles, cafés and Lake Orr
• Convenient access to public transport, Robina Town Centre and Gold Coast beaches
• Approx. $92 per week in body corporate fees
• Approx. $2,600 per annum in council rates
• Estimated rental appraisal of $830 per week

Who might this apartment suit?

Whether you're a first-home buyer, a professional couple, a parent looking to purchase near Bond University, a downsizer wanting a low-maintenance property or an investor seeking a two-bedroom apartment in Varsity Lakes, Apartment 40509 is worth inspecting.

For further information, to arrange a private inspection or to discuss the property's investment potential, contact Ken McLachlan at LJ Hooker Southern Gold Coast.

• Some photographs have been virtually staged for marketing purposes -

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