422 & 424/25 Lake Orr Drive, Robina, QLD, 4226 - Apartment Sold on 03 01 2024

SoldJan 3, 2024

422 & 424/25 Lake Orr Drive, Robina, QLD, 4226

$241,500

Apartment

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16 days on the market

Sold: Jan 3, 2024

What's around 422 & 424/25 Lake Orr Drive

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.