FOR SALE
Offers Over $299,000

140 & 142/25 Lake Orr Drive
Robina QLD 4226

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Dual Key Studio Money Maker

140 & 142/25 Lake Orr Drive, Robina
What a great investment opportunity! Why leave your money in the bank?
Two separate, fully furnished studios on the one title situated on the 1st floor, 66 square meters in total. Yes, two studio apartments on one title for the one price.
Yes, one body corporate fee approx. $169 p/week for both units.
Zoned student accommodation, great onsite management with high occupancy
Current Rental income is $660 per week for both units, With new leases in place starting early January increasing to $690- a week
Council rates and water combined approximately $3,600 a year. Priced to sell!
Each studio unit features: A complete furniture package - including appliances air conditioning, full security - electric access cards, cameras and onsite security are in place to protect your investment, under cover parking.( Note all car parks remain the property of Body corporate you do not get an allocated number) . Access to high speed internet and cable TV units in high demand with a solid year round occupancy. Sought after location - Minutes to Burleigh Beach, a short walk to Bond University, Fitness First Gym and Varsity Tavern.
Great returns and capital growth ahead.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but 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 the information contained herein.

Property Details for 140 & 142/25 Lake Orr Dr, Robina

140 & 142/25 Lake Orr Dr, Robina is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with COASTAL °.

Building Type
Apartment

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About Robina 4226

The size of Robina is approximately 15.3 square kilometres. It has 38 parks covering nearly 25.6% of total area. The population of Robina in 2011 was 20,522 people. By 2016 the population was 23,090 showing a population growth of 12.5% in the area during that time. The predominant age group in Robina is 20-29 years. Households in Robina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Robina work in a professional occupation. In 2011, 63.9% of the homes in Robina were owner-occupied compared with 62.3% in 2016.

Robina has 11,483 properties. Over the last 5 years, Houses in Robina have seen a 91.06% increase in median value, while Units have seen a 73.64% increase. As at 31 October 2024:

  • The median value for Houses in Robina is $1,358,709 while the median value for Units is $785,752.
  • Houses have a median rent of $880 while Units have a median rent of $760.
There are currently 90 properties listed for sale, and 32 properties listed for rent in Robina on OnTheHouse. According to CoreLogic's data, 595 properties were sold in the past 12 months in Robina.

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