NEW TO THE MARKET - SOLID INVESTMENT - DUAL KEY APARTMENT.

$305,000

Apartment real estate, Robina QLD

STUDENT ACCOMMODATION ONLY.

Student Accommodation Investment Opportunity Varsity Towers, Robina - 25 Lake Orr Drive, Robina, QLD.
Purpose-Built Student Accommodation Prime Location!
Motivated Vendor Act Fast!

This is a fantastic opportunity to secure a dual key studio apartment in the highly sought-after Varsity Towers building, a purpose-built student accommodation hub. Perfectly positioned just a short 5-minute stroll across the pedestrian footbridge to Bond University, this investment offers consistent returns and is a popular choice for students attending Bond, Griffith, or Southern Cross Universities.

Key Features:
Two fully furnished studios: Includes a rare Studio Plus with additional space, featuring an extra study desk and second wardrobe for enhanced comfort.
Great rental returns: Currently tenanted with a combined weekly income of $680.
Modern amenities:
Kitchenette with cook-top, microwave, sink, and fridge.
Ensuite bathroom with shower, toilet, and basin.
Split-system air conditioning for comfort year-round.
Prepaid electricity and water meters.
High-speed internet access.
Building facilities:
Secure access to lifts and building.
24/7 security cameras in communal areas.
On-site laundry facilities.
Convenience shop and licensed bar on-site.
Transport and convenience: Public transport is just a 5-minute walk away.

Property Details:
Size: 33 sqm per studio (66 sqm total).
Council Rates & Water: Approx. $3,500 per year.
Body Corporate Fees: Approx. $160 per week (includes gas hot water, sinking fund, and building insurance).
Zoning: Short-term student accommodation.

Inspections:
By appointment only 24 hours' notice required for tenants.

Disclaimer:
We strive to ensure that all information provided is accurate however, buyers should conduct their own due diligence to verify all details.
Dont miss this lucrative investment opportunity in one of Robinas most popular student accommodation buildings. Contact us today to arrange an inspection!

More Information

Property Overview

Category: Apartment
Details: 2 2 0
Price: $305,000
Area: 66m2

Property Features

Balcony
Intercom
Air Conditioned

Investment Information

Gross Return: $ (not disclosed)
_{How much does the property return in rent per year.}

Net Return: $ (not disclosed)
_{How much does the property return after all management expenses are deducted.}

Yield: (not disclosed)
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ (not disclosed)

Rates PA: $ (not disclosed)

Management Fee: (not disclosed)%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}