140/25 Lake Orr DriveRobina QLD 4226
Property Details for 140/25 Lake Orr Dr, Robina
140/25 Lake Orr Dr, Robina is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 947m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Robina in the last 12 months.
Last Listing description (December 2024)
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.
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 History for 140/25 Lake Orr Dr, Robina, QLD 4226
- 17 Dec 2024Sold for $285,000
- 19 Nov 2024Listed for Sale Offers Over $299,000
- 03 Nov 2004Sold for $291,000
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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 11,537 properties. Over the last 5 years, Houses in Robina have seen a 92.44% increase in median value, while Units have seen a 83.74% increase. As at 30 November 2024:
- The median value for Houses in Robina is $1,356,632 while the median value for Units is $826,238.
- Houses have a median rent of $890 while Units have a median rent of $780.
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