626/25 Lake Orr DriveRobina QLD 4226
Property Details for 626/25 Lake Orr Dr, Robina
626/25 Lake Orr Dr, Robina is a 2 bedroom, 2 bathroom Unit 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 March 2022.
Last Listing description (May 2022)
This bright, spacious and airy 2 bedroom apartment has an open plan kitchen/dining area leading to a generous living room with balcony. Master bedroom with large en-suite and another balcony. Second double bedroom and separate bathroom. The apartment comes fully furnished, so your investment is ready to go. Currently rented at $420 per week in the rental pool and with tenants in place until 27th April 2022, this 2 bedroom apartment is highly sort after by the local Bond University students and rare as there's only 15 in the entire block.
With an affordable price tag, coupled with great potential net and gross rental return this apartment represents a great cash flow positive entry level investment opportunity. Suitable for those looking to add to their portfolio on a budget, or the new investor.
Views to Surfers Paradise from both balconies.
Full Security - Electric access cards, cameras and onsite security are in place to ensure complete protection.
Off road parking.
Access to high speed internet and cable TV.
Covered lap/training pool.
Licensed bar and recreation room for exclusive use of tenants.
On-site laundry.
Low body corporate approximately $114 per week.
Situated along side Bond University.
Units are in high demand with a solid year round occupancy.
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 626/25 Lake Orr Dr, Robina, QLD 4226
- 24 Mar 2022Sold for $225,000
- 04 Nov 2021Transferred for $185,000
- 16 Oct 2020Sold for $204,999
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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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