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Back 422 & 424/25 Lake Orr Drive
Off Market

422 & 424/25 Lake Orr Drive

Robina QLD 4226

1
1
1
Apartment
Last sold for $241,500
Brian GoodgameBrian Goodgame, last sold this property on 02 January 2024 after 15 days on market.

Overview

Dual Key Studio Money Maker

What a great investment opportunity! Why leave your money in the bank? Two separate, fully furnished studios on the one title situated on the 4th floor, 66 square meters in total. Yes, two studio apartments on one title for the one price. Yes, one body corporate fee approx. $170 p/week for both units. Zoned student commendation, great onsite management, High occupancy, Current Rental income is $620 per week for both units. Council rates and water approximately $3,600 a year. Priced to sell! Each studio unit features: A complete furniture package - including appliances air conditioning, full security - electric access cards, cameras and onsite security are in place to protect your investment, under cover parking. Note all car parks remain the property of Body corporate you do not get an allocated number. Access to high speed internet and cable TV 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. Previous owners have paid special levies in the past to refurb the building, currently nearing completion and starting to look very nice in its new colours. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Robina over the last 12 months, the estimated median property value of 422 & 424/25 Lake Orr Drive is $715k.

Median value
$715k
Estimated value range
$618k - $895k
Median days on market
31
Estimated value trend
20%
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 422 & 424/25 Lake Orr Drive

2024
Sold
$241,500
Private Sale/Treaty on 02 Jan 2024 by Brian Goodgame, of Coastal Broadbeach
2021
Sold
$210,000
26 Jul 2021 by Brian Goodgame, of Coastal Broadbeach

Happy sellers in Robina

83%
83% 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 162 reviews in Robina over the last 12 months.

Local market activity for 1 bedroom apartments in Robina

In the last 12 months, 13 one-bedroom apartments similar to 422 & 424/25 Lake Orr Drive, have been sold.

This represents a 8% decrease in one-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   (473 reviews)
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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   (229 reviews)
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Matt Micallef

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

  •   4.9   (576 reviews)
  •  17 Reviews in Robina
  •  25 Sales in Robina
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Leanne Jenke

Leanne Jenke is a recommended agent for Robina.  They have 19 local sales and collected 16 local reviews across the last 12 months.

  •   4.8   (255 reviews)
  •  16 Reviews in Robina
  •  19 Sales in Robina
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