Under Offer 15/09/2023
$235,000
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ID:21117659/25 Lake Orr Drive, Robina QLD 4226

Apartment
22

DUAL KEY APARTMENT, FANTASTIC INVESTMENT, GREAT RETURN !

STUDENT ACCOMMODATION ONLY.

25 Lake Orr Drive Robina.

Varsity Towers is a purpose build Student Only Accommodation Building!

Investors â Your Next Investment Opportunity Awaits!

Investors, another solid investment property has just been listed, the vendor is motivated and ready to sell. Here is your opportunity to secure a well-maintained pair of fully furnished studio apartments located on a lower level. These studios apartments are always rented out to Bond, Griffith, or Southern Cross University students.
Donât miss this fantastic investment opportunity!

The very popular Varsity Towers Building is only a short stroll to Bond University (approximately 5 minutes, just across the pedestrian foot bridge).

Great returns with this Dual Key Apartment, the two studios are currently rented for a combined weekly income of $600.00 p/w.

33 square meters each apartment - fully furnished.
Kitchenette with sink, cook-top, microwave and fridge.
Bathroom with shower, toilet, and basin.
Split-system air-conditioner
Prepaid electricity meter.
Access to high-speed internet.
Secure access to the building and lifts.
Security cameras monitoring communal areas.
On-site laundry.
On-site shop for basic needs.
On-site licensed bar.
Public transport only a short 5min walk away.

Council rates and water combined approx. $3,500 a year.
Low body corporate fees approx. $115** p/week which includes gas hot water. sinking fund and building insurance.
** Body corporate fees to increase due to window replacements to entire building.
* Photos are of similar apartments *
Inspections by appointment, 24 hour notice must be given to current tenant.
The site is zoned for short term student accommodation.

Disclaimer: In the preparation of this information, we have used our best endeavors to ensure that the information contained herein is true and accurate and accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify any information contained herein.

ID:21117659

Inspections

No open inspections scheduled.

Send an enquiry

Contact Simon Mather to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
2
Property type:
Apartment

Other Details

The Onsite Manager

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Nearby sales

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We found 38 apartments with 2 bedrooms that just sold near ID:21117659/25 Lake Orr Drive Robina

Property history

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Robina suburb information

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SummaryMedian sales
Average Age
41 years
Population
25,659
Listing ID: 181833259. This listing has been viewed 173 times. It was first displayed on 08/08/2023 and last updated on 15/09/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.