445/25 Lake Orr DriveRobina QLD 4226
Property Details for 445/25 Lake Orr Dr, Robina
445/25 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 June 2004.
Last Listing description (December 2016)
Whilst there are impressive views from the balcony to the beautiful Lake Orr, Bond University through to the Gold Coast hinterland, the true value of this investor hot property is the superior returns boasting 2 studios on one title, for a very attractive price!
Property features:
* 2 studios, one title, only one body corporate levy of approximately $103 per week inclusive of insurance levy
* Both studios have been well looked after, furnished with nothing more to spend
* The 2 studios are approximately 66sqm collectively
* A very short walk over the bridge to Bond University
* Air conditioning
* Lease in place to 17th December 2016
Other features:
* Very good onsite managers
* Occupancy rates for Varsity Towers are extremely high
* Peace of mind security onsite security, cameras and FOB access
* Lap pool
* Licensed bar and recreation room
Rates:
Council rates: $823.55 for 1st July 2015 - 31st December 2015
Water rates: $389.19 for 1st October 2015 to 31st December 2015
NOTE: Due to tenant privacy, some of the pictures showcased are of similar studios located within Varsity Towers.
Property History for 445/25 Lake Orr Dr, Robina, QLD 4226
- 19 Oct 2015Listed for Sale $220,000
- 25 Jun 2004Sold for $310,500
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0About 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 11,489 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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