119/25 Lake Orr Drive

Robina QLD 4226

Purpose built student accommodation near Bond University. These studios are situated on the 1st floor on the lake side and have great views of Lake Orr. This pair of bright and spacious studios come fully furnished and has the upgrade of both studios having double beds. (This adds the potential to increase your rent by up to $10 per studio per week beds if rented to a couple.) Your investment is ready to go immediately. Both studios rent for $245 each per week, thats $490 for the pair. The two studios are on one title, so only one body corporate levy of approx $100 per week, this includes building insurance, sinking fund and gas hot water. Studio Features Include: Lake views. A complete Furniture Package Included - appliances, crockery and cutlery. Air conditioned. Full Security - Electric access cards, cameras and onsite security are 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 $100 per week. Sinking fund of over $1,000,000 Council rates and water approx. $3,400 a year Great onsite managers. Average annual Occupancy rates for Varsity Towers of around 93%. Units are in high demand Situated along side 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 - won't last for long! Call now to arrange your inspection!