OFF MARKET

221/25 Lake Orr Drive
Robina QLD 4226

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 947m2
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Property Details for 221/25 Lake Orr Dr, Robina

221/25 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 70m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2004
Floor Size
70m2
Land Size
947m2
Local Government
Gold Coast City
Lot/Plan
25/SP157828

Last Listing description (December 2022)

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

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Property History for 221/25 Lake Orr Dr, Robina, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$265,000
14 Nov 2022
Listed for Rent
$245/w
10 Feb 2015
  • 14 Nov 2022
    Sold for $265,000
  • 16 Dec 2021
    Listed for Sale 250,000+
  • 04 Apr 2019
    Sold for $210,000
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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 11,536 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.
There are currently 66 properties listed for sale, and 39 properties listed for rent in Robina on OnTheHouse. According to CoreLogic's data, 592 properties were sold in the past 12 months in Robina.

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