Incredible Opportunity! Located in this very exclusive gated friendly community, of Cumberland Quays, situated on the fringe of the complex, this super spacious, clean and tidy three-bedroom townhouse, with open plan living and dining, will invite all buyers searching for that Gold Coast relaxed lifestyle in a well-maintained complex. Tucked away, at the end of the street, this adorable 3-bedroom original condition property, located on Lake Orr, north-facing, waterfront in sought after Varsity Lakes, will not last long. You'll appreciate the sense of space, allowing plenty of room to entertain family & friends, especially with the Lake access at your doorstep. Kayaking, Canoeing, Paddle boarding, the fun and future of good times and great memories is endless. Just walking distance to local shops, park, Aldi & more. Walking distance to Caningeraba & Varsity Lakes State School, and only a 3-minute drive to the Beach. Boasting tended shared gardens, picnic tables and a private jetty accessible from the complex to the lake. Currently tenanted until Feb 2023, with the tenant eager to stay on! The perfect investment, set yourself up and settle in the future. If you are looking at the perfect property to downsize or retire, then you need to view this home. This property is currently renting for $570p.wk with recent appraisal (2022 Rental Appraisal $685 - $720 p.wk) Features; Waterfront, north-facing Two-story open plan living Tiled & carpeted throughout, ceiling fans 3 very spacious bedrooms, all with built-in robes 2-bathroom, complete with bath Separate toilet Oversized master with spacious ensuite Well equipped kitchen with loads of storage Large deck overlooking the Lake Secure gated complex Intercom system Lock up garage with internal access 2 extra designated parking bays Pet friendly Rates: Approx. $520 per quarter Water: Approx. $385 per quarter Body-Corp fees; approx. $55.00 a week Contact Michelle from The McRae Property Team, to arrange a private inspection or for more information on 0476 300 688