ID:21191662/25 Lake Orr Drive, Varsity Lakes, QLD, 4227

For Sale

ID:21191662/25 Lake Orr Drive, Varsity Lakes, QLD, 4227

Apartment

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1 day on the market

Inspection times

Inspections are by appointment only.

What's around ID:21191662/25 Lake Orr Drive

HIGH-YIELD STUDENT ACCOMMODATION INVESTMENT

Premium Dual Key Apartment, Two Studios on One Title 25 Lake Orr Drive, Robina, Varsity Towers Proven Rental Performance in a Prime University Precinct Positioned within the highly regarded Varsity Towers, this dual-key apartment presents an outstanding opportunity to secure a high-performing investment in one of the Gold Coast's most consistently sought-after student accommodation complexes. Comprising two fully self-contained furnished studio apartments on a single freehold title, the property is currently returning a combined $760 per week, providing investors with two independent income streams and the security of strong, ongoing tenant demand. Purpose-built for student accommodation and professionally managed, Varsity Towers continues to attract students from the Gold Coast's major universities, making it an ideal investment for those seeking reliable cash flow and long-term capital growth. Investment Highlights Combined rental income of $760 per week Two fully self-contained furnished studio apartments Approximately 33mï¿½ each Dual-key design offering two separate rental incomes Strong history of high occupancy Excellent cash-flow investment One title with two income-producing residences Apartment Features Each studio apartment includes: Modern kitchenette with cooktop, microwave, refrigerator and sink Private bathroom with shower, vanity and toilet Split-system air conditioning Prepaid electricity High-speed internet access Fully furnished and ready for immediate tenancy Complex Features Residents enjoy a range of convenient on-site facilities including: Secure building access Lift access to all levels Professionally managed student accommodation On-site laundry facilities Convenience store Licensed bar Secure common areas Purpose-built student accommodation environment Outstanding Location Located in the heart of Robina's education precinct, Varsity Towers offers exceptional convenience for students and outstanding appeal for investors. Ideally positioned: Approximately 5 minutes' walk to Bond University via the pedestrian footbridge Close to public transport Minutes from Robina Town Centre Easy access to cafï¿½s, restaurants and shopping Close to hospitals and medical facilities Short drive to the Gold Coast's iconic beaches Its proximity to Bond University, Griffith University and Southern Cross University continues to underpin strong rental demand throughout the year. Investment Details Current Rental Return Combined Rental Income: $760 per week Approximate Annual Outgoings Council Rates & Water: Approximately $3,700 per annum Body Corporate: Approximately $180 per week Body Corporate contributions include: Building Insurance Gas Hot Water Sinking Fund Maintenance of Common Property Why Investors Choose Varsity Towers Two separate rental incomes from one title Fully furnished investment Consistent student demand Strong rental yield Low-maintenance ownership Professionally managed complex Prime Gold Coast university location Invest in a Property That Performs Properties within Varsity Towers offering dual-key accommodation and two separate rental incomes are tightly held and highly sought after by investors. With an established rental return of $760 per week, this apartment represents an exceptional opportunity to secure a quality investment in one of the Gold Coast's most reliable student accommodation markets. Contact us today to arrange your private inspection. Inspections are by appointment only. A minimum of 48 hours' notice is required to accommodate existing tenants. Disclaimer In preparing this information, we have used our best endeavors to ensure that the information contained herein is true and accurate. However, we 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 and satisfy themselves as to the accuracy of the information provided ID:21191662