522/25 Lake Orr DriveRobina QLD 4226
Property Details for 522/25 Lake Orr Dr, Robina
522/25 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 January 2019.
Last Listing description (March 2019)
2 X 5TH FLOOR STUDIOS WITH AMAZING VIEWS TO SURFERS PARADISE SKYLINE
2 Studios - One Title - Two Rents - Only 1 Body Corp Fee. Priced to Sell.
Purpose built student accommodation near Bond University. These studios are situated on the 5th floor on the city side at the northern end and have great views of Lake Wonderland and the Surfers Paradise skyline. This pair of bright and spacious studios come fully furnished and has the upgrade of both studios having double beds. (This adds the potential to increase your rent by up to $10 per studio per week beds if rented to a couple.) Your investment is ready to go immediately. Both studios rent for $245 each per week, that s $490 for the pair.
Studio Features Include:
Surfers Paradise skyline views.
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 $98 per week.
Healthy sinking fund of around $1,000,000
Council rates and water approx. $2,800 a year
Great onsite managers.
Average annual Occupancy rates for Varsity Towers of around 9%.
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.
Solid investment opportunity - won't last for long! Call now to arrange your inspection!
Property History for 522/25 Lake Orr Dr, Robina, QLD 4226
- 18 Jan 2019Sold for $187,500
- 11 Jan 2019Listed for Sale $199,000 +
- 19 Dec 2014Sold for $185,000
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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 11,490 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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