309/25 Lake Orr DriveRobina QLD 4226
Property Details for 309/25 Lake Orr Dr, Robina
309/25 Lake Orr Dr, Robina is a 2 bedroom, 2 bathroom Unit 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 August 2021.
Last Listing description (November 2021)
Purpose built student accommodation near Bond University. These studios are situated on the 3rd floor on the lake side and have great views of Lake Orr. This pair of bright and spacious studios come fully furnished Your investment is ready to go immediately. Both studios rent for $255 each per week, that's $510 for the pair.
The two studios are on one title, so only one body corporate levy of approx $99 per week, this includes building insurance, sinking fund and gas hot water.
Studio Features Include:
A complete Furniture Package Included - appliances, crockery and cutlery.
Air conditioned.
Full Security - Electric access cards, cameras and onsite security are in place to ensure complete protection.
Off road parking in private road.
Access to high speed internet and cable TV.
Licensed bar and recreation room for exclusive use of tenants.
On-site laundry.
Total approx. 66 m2.
Body corporate approximately $99 per week.
Sinking fund of over $1,000,000
Council rates and water approx. $3,300 a year
Great onsite managers.
Average annual Occupancy rates for Varsity Towers of around 93%.
Units are in high demand
Situated along side Bond University.
Sought after location - Minutes to Burleigh Beach, a short walk or cycle to Bond University, Fitness First Gym and Varsity Tavern across the road.
Don't sit on your hands with this one or you'll miss it. Very motivated seller wants this Sold ASAP
An inspection won't disappoint.
** PLEASE NOTE ** Inspections have restricted numbers in properties at any one time until further notice in accordance with recent government guidelines.
Disclaimer: In preparation of information for this listing we used our best endeavours to ensure that the information contained herein is true and correct but accept no responsibility and disclaim all responsibility 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 309/25 Lake Orr Dr, Robina, QLD 4226
- 03 Aug 2021Sold for $218,000
- 20 Jul 2021Listed for Sale $225,000
- 08 Jul 2016Sold for $205,000
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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 11,490 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.
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