333/25 Lake Orr Dr, Robina, QLD, 4226 - Apartment Sold on 15 11 2019

SoldNov 15, 2019

333/25 Lake Orr Dr, Robina, QLD, 4226

$209,000

Apartment

•

30+ days on the market

Sold: Nov 15, 2019

What's around 333/25 Lake Orr Dr

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