FOR SALE
$250,000

Id:21122696/25 Lake Orr Drive
Robina QLD 4226

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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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!
Motivated Vendor – Fantastic Investment Opportunity!
Investors – Don’t miss this opportunity, just listed and new to the market. A fantastic opportunity to purchase a pair of fully furnished studio apartments located on an upper level. These studios apartments are always rented out to Bond, Griffith, or Southern Cross University students.
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 $700.00 p/w.
33 square meters each apartment - fully furnished.
Kitchenette with sink, cook-top, microwave and fridge.
Bathroom with shower, toilet, and basin.
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Property Details for Id:21122696/25 Lake Orr Dr, Robina

Id:21122696/25 Lake Orr Dr, Robina is a 2 bedroom, 2 bathroom Apartment. The place is currently for sale with TheOnsiteManager.

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 11,517 properties. Over the last 5 years, Houses in Robina have seen a 93.97% increase in median value, while Units have seen a 72.17% increase. As at 31 August 2024:

  • The median value for Houses in Robina is $1,359,726 while the median value for Units is $764,402.
  • Houses have a median rent of $890 while Units have a median rent of $750.
There are currently 87 properties listed for sale, and 33 properties listed for rent in Robina on OnTheHouse. According to CoreLogic's data, 601 properties were sold in the past 12 months in Robina.

Suburb Insights for Robina 4226

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Simon Mather
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TheOnsiteManager
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.