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Back 333/25 Lake Orr Dr
Off Market

333/25 Lake Orr Dr

Robina QLD 4226

2
2
Apartment
Last sold for $209,000
Orren TopolanskyOrren Topolansky, last sold this property on 14 November 2019 after 70 days on market.

Overview

SOLD By Orren Topolansky

DUAL KEY, FULLY FURNISHED, STUDIO APARTMENTS WITH WATER VIEWS! Current rental income is $500 / week! Perfect student accommodation, so perfect in fact that the building has generally had a 100% occupancy rate for years! Two separate studio apartments on one title. Each apartment is rented separately and is completely self-contained with its own kitchen, bathroom and balcony overlooking lake Orr. Situated directly opposite Bond University on Lake Orr, these apartments are dedicated to students only and thus are in constant demand due to the growing education industry on the Gold Coast. Owners have the option of renting within the rental pool for a more consistent income and a very hands-off approach to property investment, with the onsite managers taking care of all aspects of the property, including maintenance. You can opt to rent outside the rental pool taking a more hands-on approach and thus potentially increasing your returns. If you are a registered student, you can buy the property to live in it yourself. Whatever option suits you, this property offers a unique investment opportunity in a sought-after location. If you are looking for a property investment that gives high returns, then this is one you definitely must consider. FEATURES Air conditioning Fully furnished Fully equipped kitchen Built in robes Water views Community games room High speed internet and cable TV is available Onsite managers who are experienced and professional INCOME ESTIMATE: (currently tenanted) Rent - $500 / week for both apartments OUTGOINGS Body Corporate fees - $87 / week approximately DISTANCES Bond University - 450m Bus Stop - 650 m Major Shopping Centre (Robina Town Centre) - 5.9 km Highway - 7 km Train Station - 6.3 km Beach - 4.2 km

Features

2 bedrooms
2 bathrooms
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Robina over the last 12 months, the estimated median property value of 333/25 Lake Orr Dr is $885k.

Median value
$885k
Estimated value range
$385k - $1.3m
Median days on market
34
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Robina. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 333/25 Lake Orr Dr

2019
Sold
$209,000
Private Sale/Treaty on 14 Nov 2019 by Orren Topolansky, of Ray White Robina

Happy sellers in Robina

81%
81% of sellers in Robina reported that their sale price either exceeded or met their price expectations.

Robina stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 151 reviews in Robina over the last 12 months.

Local market activity for 2 bedroom apartments in Robina

In the last 12 months, 50 two-bedroom apartments similar to 333/25 Lake Orr Dr, have been sold.

This represents a 2% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Robina

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Karyn O'Dea

Sellers who recommend Karyn O'Dea have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and dedicated

  •   5   (488 reviews)
  •  56 Reviews in Robina
  •  44 Sales in Robina
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Mitch Harrop

Sellers who recommend Mitch Harrop have praised them for being clear communication, local expert, responsive, great negotiation, friendly, supportive and stress-free process

  •   4.9   (248 reviews)
  •  26 Reviews in Robina
  •  39 Sales in Robina
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Matt Micallef

Sellers who recommend Matt Micallef have praised them for being clear communication, local expert, responsive, friendly, supportive, dedicated and reliable

  •   4.9   (579 reviews)
  •  15 Reviews in Robina
  •  23 Sales in Robina
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Leanne Jenke

Leanne Jenke is a recommended agent for Robina.  They have 17 local sales and collected 14 local reviews across the last 12 months.

  •   4.8   (255 reviews)
  •  14 Reviews in Robina
  •  17 Sales in Robina
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