SOLD
Sold on 24 Apr 2024 for $215,000

348/25 Lake Orr Drive
Robina QLD 4226

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 947m2
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Property Details for 348/25 Lake Orr Dr, Robina

348/25 Lake Orr Dr, Robina is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 947m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Robina in the last 12 months.

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

Last Listing description (May 2024)

348/25 LAKE ORR DRIVE, ROBINA
This corner unit is a real gem. Walking distance to Bond University, this neat and tidy 1 Bedroom unit is the ideal home for the motivated student. Situated on the 3rd floor on the eastern side at the southern end where you can enjoy great views of Lake Orr to the mountains out one side and the Surfers Paradise skyline out the other side. This bright and spacious apartment has 2 balconies one of the Living area and the other of the bedroom. It comes fully furnished.

Features Include: Surfers Paradise skyline & Lake & Mountain views Complete Furniture Package Included incl. appliances, crockery and cutlery etc. Air conditioned.

The building is Zoned student commendation offers Full Security - Electric access cards, cameras and onsite security 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 floor size approx. 60 m2. ( Please Note all carparking belongs to Body Corporate and is not on title )

Great Onsite management with high occupancy rates for Varsity Towers Situated walking distance to Bond University Units in high demand with a solid year round occupancy Great returns, Sought after location - Minutes to Burleigh Beach, easy walk or cycle to Bond University, Goodlife Health Club and Varsity Lakes Tavern across the road. Currently rented at $430 per week. Expenses: Council & Water Rates $3,500 per year (approx.) Body Corporate $130 per week (approx.) The photos we are using may be from an identical unit to this one.

A solid investment opportunity that won't last long! Call Brian or Alex now to arrange your inspection!

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 348/25 Lake Orr Dr, Robina, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$215,000
24 Apr 2024
  • 24 Apr 2024
    Sold for $215,000
  • 19 Apr 2024
    Listed for Sale $219,000
  • 20 Aug 2021
    Sold for $185,000
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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 11,483 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 88 properties listed for sale, and 35 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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Disclaimer
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.