OFF MARKET

617-619/25 Lake Orr Dr
Robina QLD 4226

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 16 Sep 2024
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Property Details for 617-619/25 Lake Orr Dr, Robina

617-619/25 Lake Orr Dr, Robina is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Gold Coast City

Last Listing description (March 2021)

Two well-appointed studio apartments with great views over Lake Orr , Bond University and to the Hinterland and perfectly located on the 6th floor of Varsity Towers. Purposely built for student accommodation, each studio is currently rented individually for $270 & $265 per week. At a combined $535 per week makes these apartments a great investment opportunity. Continuously rented out to Bond university students and are perfectly sized to accommodate studying students. Conveniently located to all amenities from public transport, beaches, shops and only a 5 minute walk to Bond University.
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Fully Furnished Studio Features Include:

Living zone & bathroom
Self contained kitchen with new appliances
Air-conditioned
Balcony over looking Lake Orr
Full Security-Electric access cards, cameras & onsite security.
Off road parking
Access to high speed Internet and cable TV.
Licensed bar and recreation room for exclusive use of tenants.
On-site laundry.
Great on-site managers.
Sought after location.
Minutes to Burleigh Beach.
Short walk or cycle to Bond University.
Fitness First Gym and Varsity Tavern across the road.
Combined rent $540 per week!
Body Corp: Approximately $99 per week, this includes building insurance & sinking fund
* Pictures depict the typical furnishings of studio apartments.

Inspections by appointment only.

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Property History for 617-619/25 Lake Orr Dr, Robina, QLD 4226

A timeline of how this property has performed in the market
  • 27 Jan 2021
    Listed for Sale $225,000-$235,000

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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 11,515 properties. Over the last 5 years, Houses in Robina have seen a 93.97% increase in median value, while Units have seen a 72.17% increase. As at 31 August 2024:

  • The median value for Houses in Robina is $1,359,726 while the median value for Units is $764,402.
  • Houses have a median rent of $890 while Units have a median rent of $750.
There are currently 90 properties listed for sale, and 32 properties listed for rent in Robina on OnTheHouse. According to CoreLogic's data, 595 properties were sold in the past 12 months in Robina.

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