344, 25 Lake Orr Drive
Robina QLD 4226
2 Bed • 2 Bath • Apartment
2 X 3rd Floor Studios - One Title - Two Rents - Only 1 Body Corp Fee. Purpose built student accommodation near Bond University. These studios are situated on the 3rd floor on the City-side. The studios come fully furnished and can provide the best value for money in the building. They have been set up so that your tenant can arrive with a suitcase and a laptop and start studying straight away. There is nothing more for you to spend. Your investment is ready to go immediately. Both studios would normally rent for $245 each per week, That's a total of $490 pw. 344 is currently rented for $240 pw until 24/04/21 346 is currently rented for $245 pw until 12/08/21 - to a long term tenant therefore paying through the holiday breaks. That’s $485 for the pair. The two studios are on one title, so only one body corporate levy of approx $98 per week, this includes building insurance, sinking fund and gas hot water . They have been priced to sell NOW ... So Make An Offer Today ! Studio Features Include: • Complete Furniture Package Included - appliances, crockery and cutlery. • Air-conditioned. • Full Security-Electric access cards, cameras & onsite security in place to ensure complete protection. • Off road parking in private road. • Access to high speed Internet and cable TV. • Licensed bar and recreation room for exclusive use of tenants. • On-site laundry. • Total approx. 66 m2. • Body corporate approximately $98 per week. • Healthy sinking fund of over $1,900,000 • Council rates and water approx. $3,400 a year • Fantastic on-site managers. • Average annual Occupancy rates for Varsity Towers of around 93%. • Units are in high demand • Approx 10 minutes walk from Bond University. • Sought after location - Minutes to Burleigh Beach, a short walk or cycle to Bond University, Fitness First Gym and Varsity Tavern across the road. Solid investment opportunity – This won't last for long! Call now to arrange your inspection! * Photos are of similar apartments, not the actual apartments* **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.
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