Home/Properties/Robina/ID:21160718/25 Lake Orr Drive
ID:21160718/25 Lake Orr Drive, Robina$295,000
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For Saleapartment

ID:21160718/25 Lake Orr Drive

Robina, QLD 4226, Australia
$295,000
1 bed 1 bath

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About this property

STUDENT ACCOMMODATION 25 Lake Orr Drive Robina. Varsity Towers is a purpose build Student Only Accommodation Building! Calling all investors - Fabulous One bedroom Apartment! Another excellent opportunity to purchase a spacious one-bedroom apartment located on a mid-level. Fantastic views from this corner apartment looking South across Lake Orr and to Burleigh hill in the distance. This bright and airy apartment are highly sort after as they offer extra space which makes them so appealing to students. These apartments are always rented out to Bond, Griffith or Southern Cross University students. The very popular Varsity Towers Building is only a short stroll to Bond University (approximately 5 minutes, just across the pedestrian foot bridge). Great returns with this wonderful apartment, currently rented for $455.00 p/w. 51 square meters - fully furnished. Kitchenette with sink, cook-top, microwave and fridge. Bathroom with shower, toilet, and basin. Split-system air-conditioner Prepaid electricity meter. Access to high-speed internet. Secure access to the building and lifts. Security cameras monitoring communal areas. On-site laundry. On-site shop for basic needs. On-site licensed bar. Public transport only a short 5min walk away. Council rates and water combined approx. $3,500 per year. Low body corporate fees approx. $170 p/week which includes gas hot water. sinking fund and building insurance. * Photos are of similar apartments * Inspections by appointment, 48 hour notice must be given to current tenant. The site is zoned for short term student accommodation. Disclaimer: In the preparation of this information, we have used our best endeavors to ensure that the information contained herein is true and accurate and 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 any information contained herein. ID:21160718

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,430/month
$715 /fortnight
Loan $236,000 at 6.10% over 30 years

Upfront costs

Deposit$59,000
Stamp duty$8,750
Conveyancing (est.)$2,000
Total upfront$69,750
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Robina

This 1-bedroom apartment in Robina, QLD 4226 sits within reach of public transport, local shops and nearby schools. It is listed 70% below the $992,000 median of 59 comparable apartmentswithin 5 km.

Schools near Robina

  • Silkwood School - Robina Campuscombined
  • Robina State Schoolprimary · Prep-6 · CoEd
  • Arcadia Collegesecondary · 7-12 · CoEd
  • Robina State High Schoolsecondary · 7-12 · CoEd
  • The Industry School - Gold Coastsecondary · 10-12 · CoEd

What's nearby

  • Ron Penhaligon Way near Bothwell St (bus)1.7 km away
  • Pacifica Trading1.6 km away
  • Lone Pine Park1.8 km away
  • Prestwick Park1.8 km away
  • Belmore Close Reserve1.9 km away

Robina at a glance

Full suburb profile
Population
25,659
Median age
39
Household income
$1,758/wk
Median rent
$540/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Robina price trend

Median sold · Unit 1 bed

Compound growth +14.9% / yr over 4 yrs

$705kcurrent median

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Price history

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