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VL Property Trust - Fully Subscribed

Investment
The Asset

The property is a 6-star NABERS-rated, three-level office building with dual street frontages, located at 154 Varsity Lakes Parade, Varsity Lakes. Situated on a site of approximately 3,913m², it offers a total Net Lettable Area (NLA) of around 3,954m². The property includes 140 on-site car parks—with 43 at-grade and 97 in the basement—delivering an excellent parking ratio of 1 car per 28m² of NLA.

Centrally positioned on the Gold Coast, 154 Varsity Parade offers excellent accessibility with direct M1 access and nearby public transport, including Varsity Lakes Station and Robina Interchange. It’s conveniently surrounded by the major retail hub Robina Town Centre.

The Asset presents a well-balanced and diverse tenancy profile anchored by prominent national and professional tenants. Key tenants include Serco Australia, TripADeal, Leadify, EMF Engineering, and Credit Wipe, alongside a range of businesses across the health and wellness and professional services.

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Key Stats
Address:
154 Varsity Parade, Varsity Lakes QLD 4227
Property Settlement:
April 30, 2021
tenants:
Serco Australia, TripADeal, Leasify, EMF Engineering, Credit Wipe, and 4 others
WALE:
2.35 years
Gearing:
31%
Investment Term:
5 years
Targeted Return:
9.00% P.A
Note: Figures correct as at 31st March, 2025
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ACN 612 185 823 Australian Financial Services Licence No. 490284

PO Box 1665 BRISBANE QLD 4001

(07) 3373 0233 enquiry@exceedcapital.com.au
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