ID:21150162/25 Lake Orr Drive, Robina QLD 4226

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. 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 $435.00 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, 24 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.(Listing ID: 21150162 )