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Apartment

221/25 Lake Orr Drive Robina, QLD 4226

Sold for $265,000 on 16 Nov 2022Floorplan
  • 2 Beds
  • 2 Baths
  • 1 Car
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221/25 Lake Orr Drive, Robina, QLD 4226

Apartment in Robina

SOLD By Jon Paul

  • 2 Beds
  • 2 Baths
  • 1 Car

STUDENT ACCOMMODATION ONLY.

Great Investment Opportunity for first time investors or add to your portfolio this two bedroom fully furnished apartment situated in the northwest corner of the building with views of Lake Orr on level 2. With an affordable price tag, coupled with great potential net and gross rental return. Currently rented out at $385 per week with a lease until December 2022.

Varsity Towers which is built over Lake Orr is a purpose-built student accommodation only 5 minute walk along the board walk to Bond University. Varsity Towers has laundry facilities, limited onsite car parking, a licensed bar, and a convenience store.

  • 2 bedroom apartment
  • 2 bathrooms
  • Open plan living/dining/kitchen
  • Balcony
  • Purpose built student accommodation
  • Fully furnished
  • Air conditioning
  • High speed internet

On-Site Amenities Include:

  • Coin-operated laundry
  • Licensed bar & recreation games room
  • Security, CCTV cameras, and Intercom
  • On-site managers

Income:
• $385 per week

Outgoings:

  • Body Corporate $108/week approx.
  • Rates - $871 per 6 Monthly approx.
  • Water - $330 per quarter approx.

Sought after location - Minutes to Burleigh Beach, a short walk or cycle to Bond University, Fitness First Gym, and Varsity Tavern across the road.

Solid investment opportunity - call now to arrange your inspection!

** These photos are indicative

Parking:

1 garage space

Bedrooms:

2

Bathrooms:

2