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226/25 Lake Orr Drive Robina, QLD 4226

Sold for $170,000 on 27 Jan 2021Floorplan
  • 2 Beds
  • 2 Baths
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226/25 Lake Orr Drive, Robina, QLD 4226

Apartment in Robina

SOLD By Orren Topolansky

  • 2 Beds
  • 2 Baths

Current rental income is $400 / week! Perfect student accommodation, so perfect in fact that the building has generally had a 100% occupancy rate for years!

Situated directly opposite Bond University on Lake Orr, these apartments are dedicated to students only and thus are in constant demand due to the growing education industry on the Gold Coast. Vacancy rates are exceptionally low.

Owners have the option of renting within the rental pool for a more consistent income and a very hands-off approach to property investment, with the onsite managers taking care of all aspects of the property, including maintenance.

You can opt to rent outside the rental pool taking a more hands-on approach and thus potentially increasing your returns.

If you are a registered student, you can buy the property to live in yourself.

Whatever option suits you, this property offers a unique investment opportunity in a sought-after location.

If you are looking for a property investment that gives high returns, then this is one you definitely must consider.

FEATURES:
Air conditioning
Fully furnished
Fully equipped kitchen
Built in robes
Community games room
High speed internet and cable TV is available
Onsite managers who are experienced and professional

INCOME ESTIMATE: (currently tenanted)
Rent - $400 per week

OUTGOINGS:
Body Corporate fees - $87 / week approximately

DISTANCES:
Bond University - 450m
Bus Stop - 650 m
Major Shopping Centre (Robina Town Centre) - 5.9 km
Highway - 7 km
Train Station - 6.3 km
Beach - 4.2 km

Features:
  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Secure Parking
Bedrooms:

2

Bathrooms:

2