ID:21183293/25 Lake Orr Drive, Varsity Lakes, QLD, 4227

For Sale

ID:21183293/25 Lake Orr Drive, Varsity Lakes, QLD, 4227

Apartment

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9 days on the market

Inspection times

Inspections are by appointment only.

What's around ID:21183293/25 Lake Orr Drive

STUDENT ACCOMMODATION INVESTMENT OPPORTUNITY

Varsity Towers ï¿½ 25 Lake Orr Drive, Robina High-Demand Student Accommodation with Proven Rental Performance Positioned within the popular Varsity Towers complex, this fully furnished one-bedroom apartment presents an outstanding opportunity for investors seeking a secure income-producing asset in one of the Gold Coast's most established student accommodation precincts. Purpose-built for student living and located just moments from Bond University, this well-appointed apartment continues to attract strong tenant demand from students attending Bond University, Griffith University and Southern Cross University. Property Features ï¿½ Spacious 51mï¿½ one-bedroom apartment ï¿½ Fully furnished and ready for continued rental occupancy ï¿½ Functional kitchenette complete with cooktop, microwave, sink and refrigerator ï¿½ Private bathroom with shower, vanity and toilet ï¿½ Split-system air-conditioning for year-round comfort ï¿½ Prepaid electricity meter ï¿½ Access to high-speed internet services ï¿½ Secure building entry and lift access Current Investment Highlights ï¿½ Currently rented at $450 per week ï¿½ Consistent demand from university students ï¿½ Professionally managed student accommodation environment ï¿½ Excellent set-and-forget investment potential Resident Amenities ï¿½ On-site laundry facilities ï¿½ Convenience store for everyday essentials ï¿½ Licensed bar and social facilities ï¿½ Security monitoring throughout communal areas ï¿½ Secure lift access and controlled entry points Outstanding Location ï¿½ Approximately 5 minutes' walk to Bond University via pedestrian bridge ï¿½ Close to public transport connections ï¿½ Easy access to local shopping, dining and recreational facilities ï¿½ Situated in one of Robina's most sought-after education precincts Investment Information ï¿½ Council rates and water approximately $3,500 per annum ï¿½ Body Corporate approximately $170 per week Includes gas hot water Building insurance Sinking fund contributions ï¿½ Zoned for short-term student accommodation Whether you're looking to expand your property portfolio or enter the thriving student accommodation market, this apartment offers a compelling combination of location, rental demand and long-term investment appeal. Enquire today to arrange an inspection. Opportunities within Varsity Towers continue to attract strong investor interest. Photos shown are representative of similar apartments within the complex. Inspections are strictly by appointment, with a minimum of 48 hours' notice required for the current tenant. Buyers should undertake their own enquiries to verify all information provided. ID:21183293