Two Self Contained Studios on One Title
25 Lake Orr Drive, Robina Varsity Towers
High Yield Investment with Strong Rental Returns
An exceptional opportunity to secure a dual key investment apartment within the highly regarded Varsity Towers student accommodation complex.
Comprising two fully self contained furnished studio apartments on one title, this property delivers an impressive combined rental return of $770 per week, making it an ideal investment for those seeking strong cash flow and long term rental demand.
Purpose built for student accommodation, the complex continues to enjoy consistently high occupancy due to its outstanding location within the Gold Coast’s premier university precinct.
Investment Highlights
Combined rental income of $770 per week
Two fully self-contained studio apartments
Approximately 33m each
One freehold title with two separate income streams
Fully furnished and ready for immediate investment
Strong occupancy history
Excellent cash-flow opportunity
Each Studio Apartment Includes
Private kitchenette
Electric cooktop
Microwave oven
Refrigerator
Sink and storage cupboards
Private bathroom with shower, vanity and toilet
Split system air conditioning
Prepaid electricity
High-speed internet access
Fully furnished for student accommodation
Varsity Towers Features
Residents enjoy access to a range of convenient onsite facilities including:
Secure building entry
Lift access
Professionally managed student accommodation
Onsite laundry facilities
Convenience store
Licensed bar
Secure common areas
Well maintained complex designed specifically for students
Outstanding Location
Positioned in one of the Gold Coast’s most sought after education precincts, this property offers exceptional convenience for students.
Only:
Approximately 5 minutes’ walk to Bond University via the pedestrian bridge
Close to public transport
Minutes from Robina Town Centre
Near cafs, restaurants and supermarkets
Close to hospitals and medical facilities
Short drive to world-famous Gold Coast beaches
The property is ideally located for students attending:
Bond University
Griffith University
Southern Cross University
This prime location underpins the property’s strong rental demand throughout the academic year.
Investment Information
Current Rental Income
Combined Rental Return: $770 per week
Approximate Annual Outgoings
Council Rates & Water: Approximately $3,700 per annum
Body Corporate: Approximately $180 per week
Body Corporate contributions include:
Building Insurance
Gas Hot Water
Sinking Fund
Maintenance of Common Property
Secure a High Performing Investment
Dual key student accommodation opportunities offering two independent rental incomes on one title are tightly held and seldom available.
With an established rental return of $770 per week, this property presents an outstanding opportunity to secure a proven investment in one of the Gold Coast’s most consistently performing student accommodation complexes.
Arrange your inspection today and discover why properties within Varsity Towers remain highly sought after by astute investors.
Inspections are available by appointment only. A minimum of 48 hours’ notice is required due to existing tenancies.
Disclaimer
In preparing this information we have used our best endeavours to ensure that the information contained herein is true and accurate. However, we 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.(Listing ID: 21185280 )