606/25 Lake Orr DriveRobina QLD 4226
Property Details for 606/25 Lake Orr Dr, Robina
606/25 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 62m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (April 2018)
What a great investment opportunity! Two separate, fully furnished studios on the one title situated on the 6th floor, 66 square meters in total. Yes, two studio apartments on one title for the one price. Yes, one body corporate fees approx $98 p/week - This covers the building insurance sinking fund , admin fund and Gas hot water for your tenants.. Permanent rental income is $500 per week. Council rates and water approx $2,800 a year. New owner's choice. Priced to sell!
Each studio unit features:
A complete furniture package - including appliances
Full security - electric access cards, cameras and onsite security are in place to protect your investment
Under cover parking
Access to high speed internet and cable TV
Access to lap/training pool
Low body corporate - approx $90 p/week
Units in high demand with a solid year round occupancy
Sought after location - Minutes to Burleigh Beach, a short walk to Bond University, Fitness First
Gym and Varsity Tavern
Great returns and capital growth ahead
Property History for 606/25 Lake Orr Dr, Robina, QLD 4226
- 28 Aug 2023Sold for $245,000
- 09 Mar 2018Sold for $202,500
- 18 Jan 2018Listed for Rent - Price not available
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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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